Lettings

Client – Marathon Asset Management LP
Our role – Property Management & Lettings

Description – 101 Apartments – Beachwood Court Stillorgan

  • Distressed Asset Remediation & OMRV Rent Stabilisation – 11-month timeframe
  • Conditional Surveys & Strategy to achieve Compliance & OMRV
  • Apartment Refurbishments – €200k Capex – Tenants in situ
  • Lettings, Lease Formalisation, Rent Reviews to OMRV
  • OMC Audit incl H&S and Environmental – Budget €475K
  • Latent defects – water ingress/ balconies – Resolution Project Managed
  • Year 1 target rent achieved €1.71m – 20% Increase
  • Annualised Rent Roll €2.1m+

Date of engagement 2014

Lettings

Case Study

We specialise in the letting and management of single units, apartment blocks and large-scale portfolios, with an expert knowledge base built up over 30 years.

Our comprehensive letting service includes:

  • Initial rent appraisal – EVR analysis
  • Compliance advice on preparing the property for market
  • Securing BER (Building Energy Rating) Certificate
  • Photography & Marketing
  • Access to our data base of professional tenants
  • Accompanied viewings 7 days a week
  • Tenant background and verification
  • Collection of deposit & first month’s rent
  • Tenancy agreement including any special conditions
  • Preparation of inventory
  • Standing order
  • Transfer of utilities
  • Coordination of RTB registration
  • 24/7 Tenant Support
  • Income & Expenditure Reporting & Cash Transfer

Our clients include: Irish & International, Public & Private Investors, Commercial & Residential Landlords, Multi and Single Unit Owners.

Silverstone House
Ballymoss Road
Sandyford
Dublin 18
D18 A7K7
Ireland

Tel +353 1 660 3822
Email enquiries@odrem.ie

PSRA 001885