NOI Property Management LLC Announces Value Add Assignment for The Estates of Coppell in Coppell, Texas

February 1, 2014 - HOUSTON, TX - NOI Property Management LLC is pleased to announce a new value-add assignment for the Estates of Coppell located in Coppell, Texas.  Nestled in the quiet suburbs of Dallas, the Estates of Coppell is a 56-unit luxury townhouse community built in 2006.  Renovations and pre-leasing have begun.

“This beautiful community is going to be spectacular with the planned unit renovations our Construction Services group has engineered. As with most of our renovation communities we are expecting our Leasing Team will pre-lease renovation units as delivered on time and in within rent budgets for all floor plans,” said V James Marfuggi, NOIPM President. Per Mr. Marfuggi, NOIPM expects the return on capital to be 600%. The first units will be delivered for occupancy in 3-4 weeks.

About NOI Property Management LLC

NOI Property Management LLC is a Texas based 3rd party multifamily management services company.  NOIPM officers have operated over 3.5 billion in multifamily assets over the past 25 years in primary and tertiary markets across the United States.  NOIPM is best described as offering high impact management for both clients and residents alike. Adhering to best practices to exceed market performance, NOIPM focuses on operating basics, or what we refer to as “Performance Fundamentals." We maximize the resident experience, emphasize product presentation, and educate our team in financial metrics, thereby raising the performance expectation.  NOIPM offers clients a proven track record of success across multiple operating disciplines: conventional management, turnaround management, value add management, construction services management and new development lease-ups.

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