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SVN-Real Estate Associates

MAIN OFFICE
3333 Durham-Chapel Hill Boulevard Suite C
Durham, NC, 27707
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Real Estate Associates Creating VALUE through Property Management is our EXPERTISE!

Turnkey Service
Whether you own a single-family home or a multi-family apartment community, a single-tenant commercial building, or an office or retail center, the joy of property ownership is followed by the job of property management. SVN-REA handles all of this and more for our clients as part of our turnkey service - from marketing to maintenance, from legal to leasing, and from rent collection to reporting.

This is what we will do for you:

  • Conduct a complete analysis of your property - financial history, the market area, tenant demographics, a look at current and long-range trends, and a complete on-site examination.
  • Identify opportunities and concerns - areas of potential income not currently reflected in your bottom line and concerns or issues that need attention (e.g., adverse changes in the area where your property is located, a necessary repair, and everything in between).
  • Our Team will work with you to create a management plan specific to your property based on the analysis and your input on the opportunities and concerns that have been identified. The management plan addresses ways to:
    • Enhance your property for optimal appeal
    • Maximize occupancy by marketing to and attracting quality tenants
    • Set goals to deliver the highest possible net income
    • Improve retention through increased tenant satisfaction 
    • Decrease expenses through the use of in-house expertise and cost-conscious management
    • Facilitate communication, solidifying tenant relationships 
  • Implement the management plan and continue to look for ways to create value by identifying new opportunities, adjusting our management plan based on changing market conditions, or taking steps to reduce risks and prevent new issues from arising. This stewardship of your real estate asset and your resources is a key part of what sets SVN-REA apart from our competitors.

Property Maintenance
While purchasing a property is a "one-time" transaction, property maintenance is an ongoing responsibility. SVN-REA clients have full advantage of our internal Service Department, a team of experienced professionals with expertise in all areas of site and physical plant maintenance. This group includes an in-house general contractor/developer with the knowledge to handle any real estate issue. To say we know maintenance "inside and out" would be an understatement.

Turnaround Specialists
All of this works to your advantage whether you are a new or seasoned investor. Maybe you have managed the property on your own and are ready to let go of the day-to-day responsibility. Perhaps your current management company has not lived up to expectations. That's the exact point when we have started a relationship with many of our clients and the reason they call us "the turnaround specialists." Our team of professionals at SVN-REA take tremendous pride in doing the hard work to turn an underperforming property into a high-performing asset. 

Let's discuss how we can put REA's passion and expertise to work for you.

PROPERTY TYPES WE MANAGE
  • Single Home or Condo (Valued up to $300K)
  • Single Home or Condo ($300 to $500K)
  • Single Home or Condo ($500K to $1 Million)
  • Single Home or Condo (Over $1 Million)
  • Multi-Family (2-4 units)
  • Multi-Family (5-19 units)
  • Multi-Family (20-99 units)
  • Office (Up to 9,999 sqft)
  • Office (10,000 - 100,000 sqft)
  • Retail (Up to 9,999 sqft)
  • Retail (10,000 - 100,000 sqft)
  • Retail (100,000+ sqft)
  • Multi-Family (100+ units)