Property Management Services

Commercial Property Management Services

We offer trained, experienced and creative real estate managers who maximize the return on an asset  by improving cash flow, retaining tenants, and increasing value. We have a solid reputation for  providing professional management services as well as for integrity and honesty. Our staff are  experienced and flexible with expertise in accounting, architecture, leasing, sales, law, appraisal, marketing and maintenance.

    Management Services

    Management Planning

    We analyze the business environment and the specific property within that  environment, and set out a marketing strategy and make a recommendation about how a client’s objectives can best be met.

      Financial Reporting

      We provide detailed financial reports tracking income and expenses.

        Budgeting

        We develop and monitor the property’s budget, which covers everything from maintenance  to marketing, personnel to operations. As the year progresses, we update the owner of any necessary  budgetary adjustments and explain why they are needed. 

          Maintenance Programs

          We provide monthly maintenance costs monitoring and the development and  implementation of preventative maintenance programs.

            Market Rent Analysis

            We provide an analysis of market rents and those of the competition, changes in area demographics, and anticipated absorption levels.

              Marketing Programs

              We develop and implement marketing programs that improve the image of  properties and ensure successful leasing. A comprehensive program may include such essential  marketing tools such as custom print materials, social media presence, mixed media advertising, special  events, property newsletters, promotional videos, property maps, and site signs.

                Rent Collection

                We collect tenant rent and keep a daily record of payment deposits.

                  Lease Negotiation

                  We can negotiate all tenant leases and renewals or make recommendations on  leasing terms to the owner.

                    Tenant Relations

                    We are attentive to tenants’ needs and respond to their concerns immediately.

                      Purchasing Procedures

                      We have established procedures for the purchase of all equipment, supplies, contracted building services, and insurance coverage.

                        Contract Specifications

                        We prepare specifications for all contracted work (such as tenant improvement construction), obtain competitive bids, and supervise the projects.

                          Documented Procedures

                          We have documented procedures to ensure compliance with all federal, state, county, and local governmental statutes as well as administrative regulations, ordinances, and fire, health and safety codes.

                            QUESTIONS? CONTACT US TODAY

                            No matter your real estate needs, you’ve come to the right place. Watts Group has over 40 years of dedicated, local experience at your disposal. Let the professionals at Watts Group know how we can help make your real estate dreams into a reality.

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                            (319) 338-4100
                            SUBMIT REQUEST ONLINE
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