Commercial & Multi Family Property Management
At Lakes Property Management, we offer comprehensive property management services tailored to your unique needs. Our expertise ensures your investment flourishes, delivering the best possible returns. We believe in creating a seamless experience for both property owners and tenants.
Our Core Services Include
Asset Management
Maintain consistent communication with property owners and their consultants (attorneys, accountants, etc.) to ensure efficient property management.
Preparation of proformas and budgets.
Effective landlord/tenant relations.
Financial Management
Efficient collection and recording of rents, including assertive collection procedures.
Handling Accounts Receivable/Payable.
Management of common area charges, taxes, and insurance billings.
Detailed tenant profiles, property ledgers, and sales & leasing reports.
Monthly financial statements with current and year-to-date activity.
Secure bids for insurance and other financial services or expenses.
Preparation of 1099s and personal property reports.
Manage common area, expense reports, property tax prorations, and cost of living, CPI increases.
Physical Maintenance
Conduct thorough physical inspections.
Oversee maintenance activities, repairs, and improvements.
24-hour answering service for emergencies.
Ensure adherence to building rules and regulations.
Suggestions for common area enhancements.
Handle contracts and supervise contractors and on-site staff.
Our Commitment
We are entrusted with the management, sale, and leasing of investment properties. We take this responsibility with utmost seriousness, ensuring your investment is not just managed, but optimized.