Services at Essential Property Management in Ferndale, Michigan

Services

Essential Property Management focuses on downtown Detroit and the greater metro area market. We offer our clients an approachable style of management. It’s in this way that we are able to dive into the issues they routinely face and offer solutions that work. We thrive in this environment. It allows us to be effective in our role while still retaining the rare character of our client properties

Essential Property Management

(248) 481-5818

430 West Nine Mile Rd Suite 202 Ferndale, MI

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Evaluation

We spend the time to get to know our clients, their property, and how it fits into the Detroit multifamily ecosystem. This is the time for us to explore the details and begin to foster a partnership with our client in order to establish and evolve a plan for the future.

Team members working on paperwork at Essential Property Management in Ferndale, Michigan
Coworkers brainstorming ideas at Essential Property Management in Ferndale, Michigan

Effective Branding & Marketing

We work side by side with our clients to bring their values and branding to life. It’s through this process that we are able to develop a style and tone that is memorable and resonates with prospective renters. 

Financial Accounting

From initial resident screening and selection to move-in and rent collection, Essential Property Management is skilled at all the aspects of successful property management. Transparency is key, and we provide additional sales analysis and support to help clients understand every aspect of their investment.

Happy team members working together at Essential Property Management in Ferndale, Michigan
Team members having a meeting at Essential Property Management in Ferndale, Michigan

Protecting Your Investment

Essential Property Management takes a personal interest in each of our client properties. Our management team is knowledgeable in property management rules, regulations, and laws. We take an owner’s approach to care and maintenance of our client’s investment with a focus on vacancy rates, retention, and costs.

Property & Asset Management

Experts in the physical and financial operations of multifamily real estate, we pride ourselves in just not "running" the property but maximizing performance of an asset. Leveraging our attention to detail, along with new and innovative technology, we strive to create operational ease and efficiency for out teams, and strong bottom lines for out clients and investors. 

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Exterior photo at Essential Property Management in Michigan

Pre Development Services

We work together with owners and developers throughout the design, development, lease up, and stabilization, positioning the asset for long term success in the market. 

Physical & Financial Due-Diligence

Aware the large burden of acquiring assets, we offer physical and financial due diligence services to out clients including, but not limited to; physical site inspections (and subsequent reports), lease file audits, immediate and long  term capital expenditure budget recommendations, financial underwriting, and third part report coordination. 

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Renovations at Essential Property Management in Michigan

Renovation Management

With a solid history of hands on experience, our team is well equipped to manage all aspects of both interior and exterior renovation or repositioning projects for garden-style, mid-rise, and high-rise properties of any size.