Brookhaven

Joined Denizen Management: February 2024
Property Class: C

Our newest acquisition, Brookhaven, was a struggling asset requiring a full overhaul in management. Within 90 days of management occupancy increased from a mere 36% to 62% with zero concessions. Average monthly rent prices have risen by $77 with a delinquency below 2.5%.

PROPERTY STATISTICS

Statistics below are from March 1 to June 30, 2024


62%

Occupancy Increased from 36%


.73

Rent Per Sq. Ft. Increased from .71


$749

Average Rent Price Increase from $672


2.24%

Delinquency

Net Operating Income

Current Month

$29,247

Prior Month

$13,943

June 2023

$0

3-Month Average

$21,595

PHYSICAL OCCUPANCY

Current Month

80.41%

Prior Month

72.16%

June 2023

0.00%

3-Month Average

76.29%

Renewals

Current Month

37.50%

Prior Month

100.00%

June 2023

0.00%

3-Month Average

68.75%


Real data from previous reports. Data is not current and is only meant to convey an example of previous performance.