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Company History

Modern Property Management, Inc. was formed in 2005 using the management structure, operations practices and contractor base developed for our sister company, Alexandria Apartments, LLC (formed 2003), which currently consists of multiplex apartment buildings in Fayette County, and Eaglenest Townhomes, consisting of  two- and three-bedroom town houses in Jessamine County.

 

Our company stands out because of our experience and our approach to the property management business.  Our select, time-proven contractors represent some of the best, cost-effective craftspeople in the Lexington-Fayette County area.  Over the years, they have become functional partners in our business.

 

Tim Scott, president and general manager of Modern Property Management, Inc., also owns and manages Alexandria Apartments, LLC, and Eaglenest Townhomes.  He acquired his first rental house in 1994.  In addition to years of experience in real estate and property management, he has over 20 years of experience with service and manufacturing companies of all types and sizes.  He has been general manager of an international product testing/engineering company, an operations manager and a quality assurance engineer.  He has audited quality assurance/ business processes and procedures of over 170 companies around the world and served as in-house consultant for process improvement.  Mr. Scott knows the value of balancing cost-effective customer service with solid business practices to produce maximum yield on investment. 

 

Meet Our Staff!

From Leasing to Maintenance, Property Management to Real Estate, we have individuals with the knowledge and experience to get the job done right - on or ahead of schedule.

 

Client References

Our clients and associates speak about us:

 

"Kentucky Bank has worked with Tim and MPM for the last few years.  The service and expertise that MPM provides is unmatched in the Lexington area.  Tim and his staff will go above and beyond the call of duty in almost every way, with the end result being a painless process for the clients.  Not only has Kentucky Bank worked with Tim on specific jobs, such as an apartment rehabilitation, but so have many of our clients.  We have never heard a single complaint from our customers who use MPM.  We only hear compliments, such as, 'I wish we started using Tim when we first bought the property.'"

-- Brandon L. Eason

    Market President, Kentucky Bank

 

"Throughout the process, ... Tim Scott has performed in exemplary fashion, immediately responding to tenant and maintenance problems and overseeing the repair.... He is able to quickly size up a situation and provide me with the information I need to make decisions. I think he's done a great job...."

-- Susan Tubbesing, California

 

"...we find Tim Scott and Modern Property Management to be one of the better management companies in Lexington and based on client feedback we confidently recommend them to our Lexington investors."
-- Mike Waters, RealSource Information Services, Utah
 

"I just want to express my sincere thanks for the quality service you have provided in our first few months. Your service, reporting, and most importantly, collections, are vastly superior to my prior management company! I am continually impressed by your professionalism and timely reporting.  Thank you a million times over. You've made my life so much simpler. I truly appreciate your efforts on my behalf."

-- Louis C. Davis IV, Florida

"First off, I’d like say thank you for another year of great service. In a world of automated telephone lines and outsourcing overseas, it is refreshing to have responsive and timely customer service. Lucy has been great in putting up with my requests; I think I'm finally closer to being on the same page with the monthly statements. Give her a hug or a high five for me if you could."

-- Louis C. Davis IV, Florida

 

"...We are very pleased with the job you all are doing.  Everyone at your office is very nice and well trained..."
-- Don Paul Corbin, Lexington

 

"Hi, Tim!  Thanks again for your continued excellent work on the part of you and your staff to keep my apartments full and my tenants happy..."
-- Elin Carlson, California

"We have hired Modern Property Management as our manager for properties we own in the Lexington area, and have been totally satisfied with the monthly management, the suggestions made by MPM, and the overall superior accounting and income/expense reports we receive monthly.  We have had no problems or glitches, so this has been a very positive experience from date of contract until today.  We strongly recommend that any property owners use MPM..."

-- Paula Hammack, California

 

 

Additional testimonials available on request.

 

Business References

Please call.

 

 
    

Modern Property Management, Inc.

Office address:    366 Waller Ave., Suites 103-105, Lexington, KY  40504

Mailing address:  P.O. Box 4325, Lexington, KY  40544

Phone    859-388-2000       

Fax  859-373-0428

Email  info@mpmlex.com    

URL www.mpmlex.com