Property Management

Hamilton Properties approaches property management as "Asset Management" rather than as a primary profit center in and of itself.  This assets-oriented approach accomplishes two functions: investment security and maximization of growth potential.  It is based on the assumption that real estate is a long-term investment - but only when it is properly managed.

Hamilton Properties' early involvement in the rural multifamily housing market, in which projects are relatively small in size, evoked development of centralized systems conductive to managing both larger, and smaller projects.

Staff accountants involved in the financial control of properties possess extensive experience in real estate accounting and taxation, knowledge crucial to the proficient application of those systems.  Having developed these systems to match the reporting requirements of various financing bodies, these individuals are accustomed to the financial reporting needs of investors. To that end, our staff accountants possess extensive experience in real estate accounting and taxation.  Our accounting systems have been developed to assure that we match the reporting requirements of various financing bodies as well as proper reporting to our investors.

Hamilton Properties has management information systems in place for reliable tenant selection, government reports, maintenance budgeting and scheduling, and numerous other items important to Hamilton Properties "Asset Management" philosophy.  Top managers and supervisors are strongly encouraged and assisted in earning different designations such as S.T.A.R. (Spectrum Training Award Recipient) or the Certified Property Manager ("CPM").  In depth training is provided to on-site managers working for Hamilton Properties.  Formal training is mandated for new managers prior to a development's occupancy, and concentrated assistance is provided through the initial rent-up period.  Hamilton Properties' own brand of property management is formalized in an on-site handbook, which serves as both a training manual and reference guide.  In-house, industry and governmental training sessions continue throughout each property manager's career with Hamilton Properties.

Headquarters staff members provide any needed backup services.  Field supervisors take care of three regions for the highest possible degree of responsiveness to local needs.

Hamilton Properties' centralization of all financial control and property management functions, its dedication to ongoing staff training, and its operation through regional management centers results in a total management approach which ensures protection and maximum appreciation of investments. 

Services Provided

Services Included in Management Fee:

  • Monitoring of project operations, training and supervision of on-site staff provided by main office employees.
  • Maintenance of project books, reports and records.
  • Preparation and distribution of monthly reports.
  • Preparation and distribution of annual reports of operations and maintenance.
  • Preparation of requests for reserve withdrawals, rent adjustments, and rehabilitation and energy conservation proposals.
  • Review of tenant certifications and submission of monthly Rental Assistance requests.
  • Preparation and distribution of operating disbursements and protection of project receipts.
  • Supervision by the Management Agent and its staff (time, knowledge and expertise) of overall operations and capital improvements.
  • Meetings with owners, investors, and/or USDA Rural Development, HUD, TDHCA (Texas Department of Housing and Community Affairs), MHDC (Missouri Housing Development Commission).
  • Development, preparation and revision of management plans and/or agreements.
  • Preparation and distribution of payroll for all on-site employees including the costs of preparing and submitting all appropriate tax reposts and deposits.

Properties Developed by Hamilton Contracting or Managed by Hamilton Properties Since 1968

KANSAS
PROPERTY NAME CITY UNITS
Ellinwood Heights Ellinwood 24
Oaks III Leavenworth 88
Osawatomie Senior Apartments Osawatomie 24
Park Hill Apartments Leavenworth 48
The Oaks Leavenworth 16
Wathena Heights Wathena Heights 16
Wellsville Heights Wellsville 24
Windridge Estates Bonner Springs 40
MISSOURI
PROPERTY NAME CITY UNITS
Adams Park Apartments Trenton 35
Aldrich Creek Estates Bolivar 44
Aurora Family Apartments Aurora 36
Billings Apartments Billings 16
Bolivar Heights Bolivar 24
Bradford Park Apartments Springfield 72
Branson Apartments Branson 24
Branson Estates Apartments Branson 24
Branson Heights Branson 24
Branson Seniors Branson 24
Buffalo Apartments Buffalo 16
Buffalo Heights Buffalo 16
California Family Apartments California 32
Canyon Trails Townhomes Webb City 52
Cardinal Towers Webb City 60
Cassville Apartments Cassville 12
Cherry Creek Estates St. Clair 24
Chillicothe Estates Chillicothe 24
Colonial Village Monett 20
Court Square Ozark 16
Deerbrook Estates Monett 8
Division Street Apartments Mt. Vernon 6
Douglas Apartments Branson 12
Eaglecrest Sedalia 24
Eaglecrest Ozark 36
Fairway Apartments Monett 24
Fox River Estates Willard 48
Fox River Estates Phase II Willard 48
Fulton Seniors Fulton 36
Greenfield Apartments Greenfield 12
Hamilton Heights Hamilton 36
Hamiltonian IV Branson 36
Hamiltonian Springfield 24
Harvest Hills Villas Richmond 48
Hawthorn Seniors Warrensburg 36
Hillcrest Apartments Cassville 20
Hollister Apartments Hollister 20
Hollister Heights Hollister 24
Houston Apartments Houston 24
Jessica Estates Raytown 36
Keystone Storage Joplin 420
Lebanon Apartments Lebanon 24
Lebanon Heights Lebanon 36
Lebanon Oaks Lebanon 24
Lebanon Seniors Lebanon 36
Lebanon Seniors II Lebanon 24
Lynn Park III Excelsior Springs 24
Lynn Park Excelsior Springs 28
MacArthur Park Washington 57
Madison Square Apartments Springfield 14
Maplepark Apartments Chillicothe 47
Marshfield Heights Marshfield 36
Marshfield Seniors Marshfield 24
Meadowridge Apartments Fulton 48
Meadowview Springfield 43
Meadowview I Excelsior Springs 12
Meadowview II Excelsior Springs 24
Monett Apartments Monett 20
Mt. Vernon Apartments Mt. Vernon 12
Mt. Vernon Single Family Housing Mt. Vernon  
Nevada Heights Nevada 32
Nixa Apartments Nixa 20
Nixa Heights Nixa 40
Oak Grove Heights Bolivar 36
Oak Tree Apartments Branson 24
Oakcrest Apartments Sullivan 24
Oxford Apts. II Joplin 84
Oxford Park Joplin 48
Oxford Partners, L.P. Joplin 18
Ozark Apartments Ozark 16
Ozark Senior Apartments Ozark 24
Pinehurst Apartments Ozark 36
Reeds Spring Seniors Reeds Spring 20
Republic Apartments Republic 20
Republic Heights Republic 12
Republic III Republic 24
Richmond Senior Village Richmond 40
Riverside Heights Ozark 20
Shafer Estates Mt. Vernon 12
Shannon Valley Apartments Waynesville 48
Skyview Heights Waynesville 36
Smith Senior Village Richmond 40
Stone Meadow Nixa 60
Stone Meadow Ozark 16
Stoneridge Apartments Springfield 24
Strafford St. Apartments Strafford 16
Sullivan Family Apartments Sullivan 36
Sunset Heights Monett 36
Tablerock Heights Branson 20
Tarkio Family Apartments Tarkio 24
Trenton Heights Trenton 40
Trenton Plaza Towers Trenton 23
Village Apartments Of Warrenton Warrenton 12
Warrensburg Senior Housing Warrensburg 36
Warsaw Fairview Warsaw 24
Weston Senior Citizen Housing Weston 44
White Pine Estates Marshfield 30
Willard Estates Willard 20
Willard Heights Willard 20
Woodland Hills Waynesville 48
Wright City North Wright City 24
NEBRASKA
PROPERTY NAME CITY UNITS
Ashland Park I Ashland 12
Ashland Park II Ashland 24
Crete Apartments Crete 36
Ft. Calhoun Apartments Ft. Calhoun 20
Gretna Apartments Gretna 24
Lost Creek Apartments Lost Creek 24
Norfolk Apartments Norfolk 40
Papillion Heights Papillion 48
Schuyler Apartments Schuyler 24
Springfield Apartments Springfield 16
Walthill Apartments Walthill 8
Washington Heights Calhoun 20
OKLAHOMA
PROPERTY NAME CITY UNITS
Boise City Boise City 24
Buffalo Apartments Buffalo 16
Cambridge Apartments Oklahoma City 124
HLM Sallisaw II Apartments Sallisaw 24
Hooker Apartments Hooker 20
Keyes Apartments Keyes 8
Laverne Apartments Laverne 16
Mannsville Apartments Mannsville 8
Oak View Apartments Tishomingo 24
RoseRock Apartments I Sallisaw 24
Spiro Pioneer Village Spiro 36
Tahlequah Apartments Tahlequah 16
SOUTH DAKOTA
PROPERTY NAME CITY UNITS
Kyle Apartments Rosebud 20
TEXAS
PROPERTY NAME CITY UNITS
Abilene Senior Village Abilene 92
Alvarado Senior Apartments Alvarado 24
Bell-Aire Manor Apartments Brady 16
Bogota Senior Apartments Bogota 24
Clarksville Senior Apartments Clarksville 24
Clifton Manor Apartments Clifton 40
DeKalb Senior Apartments DeKalb 24
Detroit Apartments Detroit 24
First Huntington Arms Apartments Huntington 40
Golden Trails Apartments West 45
Hamilton Manor Apartments Hamilton 18
HLM Red River Apartments Clarksville 24
McGregor Senior Apartments McGregor 36
Mt. Pleasant Senior Apartments Mt. Pleasant 28
Nacogdoches Senior Village Nacogdoches 36
Rusk Senior Apartments Rusk 24
Stone Glen Apartments Glen Rose 20
Troup Senior Apartments Troup 36