February 2015 — Property Management Quarterly —
Page 5
303.778.0380
For 30 years, Elkco Properties
has delivered exceptional
performance on the real estate
assets it owns and manages.
We manage more than 2,000
apartment units and 3 million
square feet of commercial real
estate, delivering phenomenal
service across six states.
Since 2013, we have expanded
our platform into fee-based
asset management, steadily and
strategically adding assets —
encompassing more than 500 units
and retail properties — to our
portfolio.
One of those assets was a sizeable
townhome complex in a western
suburb of Denver. Revenue was
flat and expenses were higher than
average, but
Elkco turned the
property around in just 18 months
.
Elkco is committed to deliberate, steady growth. We’ve
carefully planned our expansion to make the most of
our years of expertise, allowing us to give each asset the
attention and focus it needs for maximum results.
Discover the difference a strategic, focused management
company can make for your bottom line.
We curbed expenses, capitalized
on utility reimbursement, removed
non-performing personnel,
improved the tenant profile —
and increased annual revenue
by more than 13 percent, equating
to an increase in value of over
20 percent.
We raised the bar for our client, and
we’ll raise the bar for you. Contact
Ken Cilia at (303) 778-0380 today
and ask about our new asset- and
fee-based property management
services.
Services Offered
Full service Senior/Retirement
Communities including housing
options for independent, Assisted
Living and Alzheimer Care
Conventional apartment
communities financed by HUD,
Fannie Mae, Freddie Mac, banks
and insurance companies
LIHTC communities
SEC8 based HUD communities
And that kind of thinking pays off.
We Think Like
Property Owners
