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Oakland Park 55-Unit Stabilization

Oakland Park 55-Unit Stabilization

Problem
A 55-unit multifamily property in Oakland Park was dealing with high turnover, ongoing delinquency issues, and a backlog of unresolved maintenance requests. The community had no consistency or structure, causing declining resident satisfaction and NOI.

Solution
Atlis implemented a full stabilization plan:

  • Introduced Rentvine + AI maintenance triage

  • Cleared all outstanding work orders within 30 days

  • Enforced lease obligations and improved communication

  • Strategically increased rents on renewals

  • Standardized processes for reporting, inspections, and maintenance coordination

Results

  • Vacancies dropped from 15% to 3%

  • 95% of renewals completed with rent increases

  • Maintenance response times cut to less than 48 hours

  • Noticeable improvement in property condition and resident morale

Testimonial
"We were honestly in a tough spot with this building. Atlis stepped in and brought order back to the property. They were organized, transparent, and proactive. The difference in tenant behavior and the stability of the building today is unbelievable compared to before."
— Undisclosed Multifamily Portfolio Investor

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