Welcome to the monthly update for Hartsville Pike! We are happy to share that operations are proceeding as planned and we have no issues to report again this month.
We had a smart lock tech company assess the property for a tech package. This will not only add value to our residents and increase revenue but can also help notify us when leaks occur to help reduce maintenance costs. We currently use this system on other properties and have found it has saved us thousands of dollars in repairs.
Operational Highlights
September |
|
Occupancy |
100% |
Financials
September |
|
Revenue |
$ 25,261.13 |
Budget NOI |
$19,227.67 |
Actual NOI |
$ 21,531.04 |
Our investors will see their next distribution in the next few days.
Demetrius L. Brown
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