3KEY

Property, managed like our own.

Boutique and local to Springfield and southwest Missouri — high-touch where the national chains are hands-off, and built to grow from property management into a full, vertically integrated group.

See what an owner gets

Built on three keys

Three keys, one standard.

  • 01

    Transparency

    Open books and no hidden fees. Owners always know exactly where they stand.

  • 02

    Stewardship

    Every property cared for as if it were our own — protected, maintained, improved.

  • 03

    Performance

    Occupancy protected and the owner’s return grown, quarter after quarter.

Owner reporting

The report is the product.

Most management companies treat the owner statement as paperwork — the cost of keeping you informed. We treat it as the thing you are actually buying. It is written to be read, in plain sentences, and it says what it means.

You should be able to open one page and know how the property performed, what is in the bank, and what needs a decision from you. Where a figure is still being assembled, we say so rather than leaving a gap for you to discover.

What an owner gets

Sample · every name and figure on this page is invented

3KEY
Property Management
Owner Report
Monthly

Sample Owner Holdings, LLC

Six months ended 30 June · four locations · 84 suites

Two of the four locations made money and one lost. Halloway Tower cannot be called until its interest is booked. After overhead the portfolio cleared $21,810.

Cash in the bank — 30 June

$24,910

That is what the bank holds once two bookkeeping errors are reversed. Neither is money that left a building.

Bank accounts as the balance sheet presents them−$96,400
Remove a deposit liability filed as a bank account+$78,200
Reverse payments entered twice, once as a bill and once as a transfer+$43,110
Cash actually in the bank$24,910

Did each location make money?

Cash left after every operating cost, the mortgage interest and capital spend — six months, not one. Scheduled principal is not recorded by location, so it is not deducted here.

Cedar StreetSpringfield, MOMade money$38,40022/2492% full$18,450in the bank
Vine & ThirdSpringfield, MOMade money$12,90015/1883% full$6,120in the bank
NorthbankJoplin, MOLost money−$8,2009/1656% full−$2,410in the bank
Halloway TowerTulsa, OKToo early to say$41014/2654% full$3,050in the bank
Vine & Third. 3 empty suites — $32,400 of rent a year.Northbank. 7 empty suites — $58,800 of rent a year.Halloway Tower. Interest on this building is not yet fully booked, so this figure will move.
The four locations, after debt service$43,510
Less company overhead and costs not yet coded to a building−$21,700
What the portfolio actually cleared$21,810
The opening of a monthly owner report, with invented figures. Real owner reports are never shown to anyone but the owner.

Let’s talk about your property.

Tell us what you own and what is not working. We will be straight with you about what we would do, what it would cost, and whether we are the right fit.

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