Marketing a Former Model Home For LEASE Presents Some Challenges

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Property Manager with Gibson Management Group, Ltd.
https://activerain.com/droplet/CKP

I have clients who have bought several Model Units from an area developer.  They get really nice units and the developer rents the units BACK from them while they market their UNsold/Unbuilt units.

I met with clients and the developer's representative this week to outline what will be done to turn a townhouse unit over to me as the developer is building DIFFERENT models for the remainder of the project.

There were some stipulations in the original purchase contract that we have REthought - we like the larger ADA 12-lite door to the lower level entry and while some specialty painting can be repainted and the doors REinstalled where they have been removed for easy viewing of the unit.

The NEW developer model is under roof and the furnishings of the current model will be moved to it when their specialty decoration and staging is completed.....THEN, I'll get a LARGER, beautifully appointed townhouse to LEASE at the Pavillions at Pantops!!


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Wallace S. Gibson is a Certified Property Manager with over 50 years of property management experience and expertise.  She maintains a specialized property management business in Central Virginia serving Albemarle, Greene, Fluvanna and Louisa counties  

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Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

This all sounds fun and exciting to me Wallace.............great townhouses.

 

Jan 28, 2012 12:17 AM #1
Rainmaker
1,279,094
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Beautiful master suite with recluse area and built out basement with home office or 4bedroom - 3 min walk to Starbucks and beautiful Blue Ridge view!

Jan 28, 2012 12:50 AM #2
Rainer
205,720
Mark Delgado
houses for rent, Solano County & Glen Cove - Benicia, CA
Benicia and Vallejo, Property Management, rental h

What you describes sounds very good and the modifications are good "problems" to have.  Best of luck.

Jan 28, 2012 08:19 AM #3
Rainmaker
421,509
Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Wallace, 

Looks like a fabulous townhome to be handling!  Good redo issues as a new property, know you will handle them well. 

All the best, Michelle

Jan 29, 2012 03:18 AM #4
Rainmaker
1,279,094
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

I'm getting calls and as soon as the decorator items are removed and the property is REpainted a more neutral color, I'll take more pictures.

Feb 01, 2012 11:28 PM #5
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Rainmaker
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Wallace S. Gibson, CPM

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