Apartment Complex Business Plan

Apartment Complex Business Plan-78
“We are very concerned that it would lower the property value of our homes — especially those that would now have the apartment complex in their backyard,” the letter read.“(It) seems there would be a better place to put a development like this.”Another letter from Sarah and Matt Coullard of Fulton Heights expressed concern for the loss of green space, drainage problems that could result from the loss of green space and loss of privacy because of lot-size restrictions.“Pulling up an aerial view of the property, it was hard for me to fathom how they were going to squeeze such a large building and a parking lot into such a small space,” the letter read.

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When you’re finished, you’ll have a comprehensive roadmap to successfully run your property management business.

Administrator Aimee Miller is the CMO at App Folio where she is responsible for building awareness for the company’s web-based property management software, App Folio Property Manager.

Planning commission documents also explain the commission may approve a density exceeding that in the master plan if the density requirements of the zoning ordinance are met.

The commission also will consider if the proposed project is appropriate for the site and the neighborhood.

Ehren Wynder is a Grand Rapids Business Journal staff reporter who covers real estate, construction and architecture, retail, beverages, transportation, energy, technology and city government.

You need to have a documented property management business plan if you want to be successful. Here’s an outline of a simple, high-level business plan that will get you started: 1.

Hearing the words “documented business plan” can sound intimidating. The value of a business plan doesn’t reside in a fancy binder with charts, power point slides, or extensive spreadsheets. Overview Going through the process of writing your business plan can be time consuming.

The benefits of a solid business plan result from the actions you take and the decisions you make while implementing your plan. It’s the time you spend developing your plan that will ultimately provide value to your business.

The applicant held a neighborhood meeting March 4, which resulted in several changes to the plan: the building footprint was reduced to 16,100 square feet from 16,643 square feet; the length of the building was reduced by 11 feet, resulting in an increased setback of 36.4 feet to the south; and two parking spaces were removed to provide a greater setback to the south and more overall green space while still meeting the parking requirement.

According to planning commission documents, the maximum allowed density within the zoning district is about 21 units per acre.


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