Drought Properties Inc.

Name: Mr. Harry Drought, Jr.
Phone: 210-824-1133
Fax: 210-824-7110
Email: hdjr@droughtproperties.com
Web: www.droughtproperties.com
Address: 7700 Broadway, Suite 200 San Antonio, Texas 78209
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Overview:

Previously the commercial division of Guy Chipman Company, Drought Properties, Inc. has been in business as a successful independent entity for 14 years, for a total of over 27 years of commercial real estate experience. Our company focus has been the management, sales, disposition, and leasing of office, retail, service center and multifamily properties with an emphasis on long term asset appreciation for a variety of corporate entities as well as individual investors.

The Commercial management philosophy of Drought Properties Inc. stems from the premise that top-notch management is vital, if not, the most important part of the real estate investment process. Because of our commitment to excellence in property management, we have put together a team of individuals that are dedicated to being the best in their fields. Not only does our staff stay abreast of technological changes, government and code compliance changes, but we also realize the importance of sound business practices and the need to take a human approach when dealing with all tenants/residents of the property. 

Developing the Marketing Plan—A complete market study of competing properties is conducted to determine your property's position in the market place. 

Budget Implementation and Monthly Reporting—Realistic income and expense projections are determined through research that provides the owner with a yardstick to measure the performance of the property. Accurate and timely reports are generated monthly by our automated systems for all income and expenses and compares the current month to the budget.

Quality Staffing—The success of your property depends on the people who are selected to carry out the daily management of your property.

Maintaining the Property—Drought Properties Inc.'s staff is extremely knowledgeable in all phases of Property Maintenance, from preventive to new construction. Your property is routinely inspected by our Property Managers to detect preventive maintenance items as well as to ensure that all workmanship performed is of the highest quality.

Marketing the Property—Using the marketing plan, we identify our clientele and market the property to that clientele using signage, selected advertising and mail outs.

For more detailed information on the services offered by Drought Properties Inc., please visit the company website, by clicking the button on the right.

Year Business Started: 1995

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