The OtherStreet Management Team has hands on experience and a proven track record to preserve and grow wealth for property owners. Every real estate investor deserves a firm that will operate on his or her behalf—with care, accountability, and integrity.
For many investors, purchasing a community or giving up control to a 3rd party management company is the single biggest decision of their life. We do not take this lightly. If you are considering 3rd party management and would like to discuss how we can help we are here to listen and to provide a solution.
• Optimize Park Performance • Daily Operations • Project & Asset Management • Collections • Financials & Budget Reporting • Home Repairs & New Home Installation • Disposition Strategies
In addition to our management services, we also selectively partner on acquisitions and provide the following: • Third party reports • Acquisition underwriting • Disposition underwriting • Financing • Providing Equity
In 2016, Other Street purchased Leisure Meadows. Prior to our ownership, the community’s operations were not being run properly. The past owner managed the community from Pennsylvania and had several delinquent residents, community violations, several homes that were vacant and needed renovation, below market rents, and WWTP issues. Within 6 months we implemented strong management, all the homes were renovated, and we executed a plan to increase value.
In the beginning of 2020, the owners were considering selling the property because of several challenges they could not rectify, such as poor management, high delinquencies, maintenance and zoning issues, among others. After placing the property on the market they approached us about partnering on the deal to increase the value and reduce the chances of a distressed sale. In November 2020, we took over.
600+ people passionate about Manufactured and Mobile Home Park Investing!
Want to be a part of the OtherStreet team?
Send us a brief message about yourself, what role you’re looking to fill, and upload your resume!
Other Street Property Management has the attention to detail, dedication, and commitment to both tenant satisfaction and property owner interests that allows them to excel to industry leadership in this asset class. I entrust them with all aspects of property oversight and it is always a pleasure working with them and seeing their management firm expand. I highly recommend them for anyone searching for property management.
Peter Wade Riverstone Properties