Wesley Apartment Homes

As the owner of a diverse portfolio of multifamily communities, our owner’s mentality enables us to create a specialized and unique approach for each managed property.  Our property management division is branded Wesley Apartment Homes.

Each of our properties is assigned an individual property manager who directly oversees the property’s day-to-day operations.  With the coordination of the central office, Avila provides the following property management services:

  • Timely rent collection and bad debt management

  • Rental income and occupancy optimization

  • Audit review and payment of all property expenses

  • Time sensitive financial reporting

  • Accounting for all property income, expenses, assets and liabilities

  • Consistent market analysis and competitor surveys

  • Building, grounds, and equipment preventative maintenance programs

  • Cost effective purchasing power when negotiating contracts from suppliers and other service companies

  • Real estate tax and assessment analysis

  • Capital budget recommendation

  • Proforma forecasting

Wesley Apartment Homes

Due Diligence

Avila’s professionals have knowledge and experience in the local market, enabling us to successfully perform and oversee the due diligence process from start to finish.  This positions us to be better prepared for the definitive takeover of a property.  Our comprehensive property due diligence services include:

  • A unit-by-unit walk-through inspection

  • Exterior physical inspection

  • Mechanical systems inspection and assessment

  • Utility review and metering assessment

  • Insurance and risk review and assessment

  • Market comparables and marketplace analysis

  • Property marketing programs

  • Complete lease audits

  • Capital improvement budget preparation

  • Operating proforma budget preparation

  • Tax appeal coordination

Construction, Renovation, and Rehabilitation

Experience and expertise are the trademarks of Avila’s construction division.  Avila has a solid working relationship with its vendors to proficiently manage and plan construction and remodeling projects, from minor repairs to major rehabilitation's and property expansions via phased construction.

Avila’s construction and renovation services include:

  • Project conceptual design

  • Evaluation of alternatives

  • Bid supervision

  • Construction management

  • Construction project accounting

  • Property rehabilitation/market repositioning