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Another Nexus Property Management® Franchise Expands In New England.

Third Nexus Office Reaches Triple Digits:

Nexus Worcester Reaches 100 Units!

Nexus Property Management® Worcester MA Office

 

Success has come to another Nexus franchise in New England. Like it’s neighbors in Pawtucket, RI, and Fall River, MA, the Nexus Property Management® Worcester office can now boast about managing over 100 commercial and residential rental units. Opening their doors in August, 2020, just a couple months before COVID-19 threw a major wrench and uncertainty into the real estate world, the Worcester team, under GM and Owner, Jesse Mayo, managed to reach this major benchmark in less than 16 months!

 

[Learn More: Why Jesse Decided To Quit His Job And Open A Nexus Franchise ]

 

With an additional New England office in Natick, MA, these four locations manage over 1100 units combined. With that responsibility and experience comes unrivaled best practices that have been the hallmark of Nexus’ success and growth. For over a decade, Nexus Property Management® has been leading the industry in services and value creation and with a dedicated professional like Jesse at the helm, it’s no wonder the Worcester branch has taken off.  When asked about this progress, Nexus’ Vice President of Franchise Sales, Greg Rice, predicts that in time the Worcester location will be even larger and more successful than our flagship office in Pawtucket. We’re already seeing that the Worcester office has rents up to 40% higher than our Rhode Island office. To see such promise and confidence speaks to Jesse’s team and to the structure of the Nexus franchise model.

 

[ Learn More: What Did Jesse Look For When Choosing A Location For His Nexus Franchise ]

 

Nexus Property Management® Offices

 

WHAT MAKES NEXUS FRANCHISES SO SUCCESSFUL?

Nexus franchises have had great success since the company began franchising in 2017. The general Nexus property management model revolves around closed loop systems and the creation of win-win outcomes and relationships. For example, for our company to do well, our clients (property owners) have to be happy, and for clients to be happy they need tenants to pay rent regularly without major hassles. To reach that outcome, naturally, tenants need to be happy as well. By gearing our services to all parties involved and creating quality living conditions for tenants, we more or less oil/lubricate these relationships and decrease friction wherever possible. Superior technology, proprietary at that, helps in this area by encouraging online payment and use of a 24/7 online portal that our in-house maintenance and leasing teams respond to in real time. We hang our hats on our efficiency and solution focused approach and the growth referenced above speaks to our ability to consistently deliver.

 

Our franchisee training centers on key company principles and values and encourages contributions and feedback from franchisees once they’re out on their own.  We offer professionals wishing to capitalize on the abundance of opportunity that exists in the real estate investment world guidance, know-how, and support as we work together to maximize investors’ portfolios while adding value to the lives of tenants throughout our territories. We’re excited about the interest we continue to receive and we look forward to meeting and working with the next Jesse Mayo (or mustard).

 

Nexus Franchise Brochure

 

 

WHAT’S NEXT FOR WORCESTER?

When asked, Worcester GM Jesse Mayo spoke of plans for continued growth. The Worcester housing market includes almost 75,000 homes in the city alone, including 43,000 rental units. Despite Nexus’ rapid growth and success in the area, there is still a lot more room and demand for high-quality property management. Of note, the Worcester office also services nearby towns within a 30 minute radius: Auburn, Grafton, Holden, Leicester, Milbury, Shrewsbury, Sutton, and West Boylston. The Pawtucket and Fall River offices both reached 300 units about two years after opening their doors. There’s no doubt Worcester will be knocking on that door sooner than later.

 

In the short term, Jesse’s searching for the right location to purchase a mixed-use building for a Nexus office and several Nexus managed apartments.  Much like Nexus’ headquarters in Pawtucket, the Worcester location is looking at ways to have an even greater positive impact on the community around it.

 

[ Learn More: How Nexus Property Management® Is Transforming Downtown Pawtucket ]

 

 

NEXT STEPS:

Nexus Property Management®’s four locations continue to grow throughout New England. Our model has proven successful and interested potential franchisees from across the country continue to contact us.  We vet interested parties, their plans, and their preferred locations very carefully to ensure we’re setting our future partners up for success. Just like our property management model, our focus is on creating win-win relationships that will then facilitate profits and value for all parties. Contact our franchise team directly to learn more or to inquire about franchise opportunities in your areaLearn more here and fill out the Franchise Consultant information on the right to expedite the process. And as always, you can reach out to Nexus with any other questions or advice regarding property management and real estate investment.

 

Nexus Franchise Page

Nexus Franchise Blog Articles

 

Mick Lefort is the Vice President of Operations for Nexus Property Management®. A National Property Management Franchise that manages all types of rental property from single family homes or condos to large apartment buildings and complexes.

 

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Nexus Feedback

I am a new landlord without a lot of experience managing my three-family house. I hired Nexus Property Management because they could take care of my property just the way I would want...everything from getting new apartments in tip top condition and ready for advertising, to finding applicants, doing complete background and credit checks on them, and helping me by recommending the best prospect to take on as a new tenant, completing all the lease signing, collect rents and security deposits, and if that weren't enough...once the tenants are in place they deal with any issues and phone calls from tenants, and then just forward all the collected rents directly into my personal checking account each month. All communication is done online through their owner portal and couldn't be easier. It frees up so much personal time for me. I couldn't be happier with their level of service and professionalism. A special shout out to Jacob, their leasing agent who found me the best tenants, Ken, who coordinated all the work to get my apartment ready for rent in no time at all, and of course Greg Rice who manages a great crew of people who make managing property seem so effortless. I couldn't be happier!

30 Jul 2021

I'm a new tenant and I've had a great experience so far with Nexus Property Management. I love that there was a walk through video of the apartment for rent to view. I also like that I can submit a maintenance request and pay my rent online. If you need to call Nexus the answering service will quickly connect you or get back to you just as fast. A+ renting experience so far.

03 Jan 2015

Writing this review in recognition regarding Rhode Island BEST/TOP Property Management Company NEXUS, look nowhere else. I am impressed with the friendliness and professionalism of the staff, especially Gregory J. Rice. Greg, always answered any questions and extremely knowledgeable of the rental business as well as personable. From an investor stand point, I apprentice knowing the person managing my property, also has rentals, they UNDERSTAND OWNERS, & TENANTS. NEXUS online portal is a great way for owners and tenants to communicate. Between the management and technicians they always get the job done right the FIRST TIME! NEXUS UNDERSTANDS REAL ESTATE, NEXUS IS REAL ESTATE!

15 Jun 2020