Continually managing every community as if we own it.

Barrett & Stokely is an Accredited Management Organization AMO®, with the Institute of Real Estate Management. The AMO accreditation is the only recognition of excellence given to real estate management firms. This designation demonstrates Barrett & Stokely’s commitment to ethics, education, and best practices. By receiving this designation, Barrett & Stokely has proven their business and financial stability, and superiority.

As the owners of a diverse portfolio of multi-family communities, our many years of experience enable us to design a unique and specific approach for each managed property.
Our Property Management Services include:

  • Rent collection and bad debt management
  • Reviewing and paying all property expenses
  • Accounting for all property income, expenses, assets and liabilities
  • Developing and maintaining the Management Plan
  • Establishing a property specific marketing strategy and rental policy
  • Preparation of operating, major maintenance and capital improvement budgets
  • Negotiation of contracts for quality services and supplies at the best prices
  • Actively monitoring market conditions
  • Setting and reviewing rental rates weekly
  • Building, grounds and equipment maintenance programs
  • Staff management and training
  • Maintaining good resident and public relations
Barrett and Stokely, Inc. - client-services.php

Development - Investment-Base Development Strategy

Our investment strategy has consistently followed the simple principal that we develop properties that we own and operate on an on-going basis without regard to any anticipated exit strategy. It is this long-term investment strategy that guides the type and amount of development activities we will undertake at one time.

We are not merchant builders, and we are very selective in properties we want to develop and own. We strive to make our developments visibly attractive and seamlessly blend into the fabric of each community. Our focus is on strategic investments in niche sectors of the multi-family industry like workforce house and public-private partnership development. Combining financial creativity, through knowledge of government support programs, equity capacity, construction capability for both new and redevelopment projects, and experienced hands-on management is our forte in structuring developments that are economically viable and attractive to municipalities.

Up-Front Due Diligence
Barrett & Stokely believes in doing extensive due diligence up front on every development. We prefer to identify and work through challenges before an Economic Development Agreement is in place. We want to be honest and up front with the community on every aspect of the transaction to be considered a good development partner.

Due Diligence and the “Owner’s Mentality”:

Our “Owner’s Mentality” shows in the way we approach and evaluate a property for potential acquisition for ourselves or for our client.
Our services include:

  • A unit-by-unit walk-through inspection
  • Mechanical systems inspections and assessment
  • Exterior physical inspection
  • Vendor contract review
  • Thorough rent roll analysis
  • Complete lease file audit
  • Demographic analysis
  • Market survey and competition shopping
  • Other sources of income and fees analysis
  • Historical and current financial statement review
  • Staffing assessment and review
  • Utility review and metering assessment
  • Insurance and risk review and assessment
  • Real Estate taxes and assessment analysis
  • Property needs assessment
  • Recommended capital budget
  • Operating proforma budget

Construction Management - Enhancing Assets and Increasing Profits:

We have the experience and expertise to plan and manage major remodeling and construction projects. Additionally, we have successfully completed both small and large rehabilitation jobs that served to maximize income or reposition a property’s place within its market. Our experience includes substantial physical rehabilitation, as well as adding new units and amenities to existing properties.
Our services include:

  • Evaluation of alternatives
  • Project conceptual design
  • Bid supervision
  • Construction management
  • Construction project accounting

Resident Benefits

When you decide to make a Barrett & Stokely community your home, you're choosing over 40 years of experience in providing exceptional homes. We've dedicated ourselves to providing well-maintained apartments for every need. Our services include:

  • Online rent payments
  • Online maintenance requests
  • Resident referral incentives

Online Leasing

If you can't come to us, we'll come to you! Check availability, compare the best available pricing for each floor plan and begin your application 24 hours a day and seven days a week.

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