Success Story: Bailiwick Apartments
Property Size: 63 units, 1969, Dallas, TX
Bailiwick Apartments’ revenues increased 15% over the first year primarily through rent increases. Over the last few years revenues have increased by an additional 21% by way of utility bill back. Operating expenses have increased 9% primarily due to energy cost increases. Excluding energy costs and property taxes, Bailiwick Apartments expenses have decreased by 4%.