Nest DC is a property management company located in Washington, DC that offers apartments to renters as well as management services to property owners.
Here is a quick overview of Nest DC for both renters and property owners below. In terms of reviews, Nest DC has 3.5 stars out of 5 on Yelp and over 125+ reviews.
Nest DC currently shows about 60 listings across the Washington D.C. area available with prices ranging from $1,345 for a 1-bed, 1-bath studio to $6,900 for a 6-bedroom, 4-bath place.
Here are the relative price ranges listed for each apartment size for Nest DC.
5-bedroom: $6,900 (only one available at this time)
Nest DC offers a few different services as part of their property management including marketing, 24-hour management, financial management, and additional add-on services.
Marketing: Nest DC offers a full-scale marketing package for property owners including digital ads, professional real estate photos, online listings, and marketing through local events.
24/7 Property Management: Use of Appfolio online property management software, 24/7 emergency call service, maintenance planning.
Financial Management: Online bill pay for tenants and owners, financial statements, escrow accounts for owners, and tax summaries.
Finally, in terms of fees, Nest DC charges owners 8% of condo rent and 10% of the rent for row-houses and free-standing houses. Leasing and marketing fees are 90% of one month’s rent and include all of the marketing activities mentioned above.
As we explain in another article, Alcove’s co-living can provide a much better return for property owners like you as we use a per-bedroom rental model that optimizes leasing and lowers rental costs. This all occurs while we control tenant quality and focus on maximizing occupancy and NOI including spreading rental payment risk among multiple tenants instead of just one or two incomes.
Alcove is not a property management company like Nest DC and others, but it does offer many of the same trusted services you can rely on including aiding in listing distribution, streamlining tenant payments and logistics, and more. Our per-bedroom, co-living model is also unique compared to most property management firms. Co-living is a trend you as a property owner can benefit from while offering affordable living to tenants.
Overall, Alcove provides the tech and processes you need as a property owner to efficiently list your property and get the most value from it. Get started today listing your property with Alcove!
As a renter, Alcove offers shared living options that are cheaper than a studio or 1-bedroom apartment, while offering a great community, moving help, and automated utility setup and payments.
Plus, we’re always adding new inventory around the country.