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Cheverly Property Management

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All good relationships involve trust. In property management trust is essential and especially vital. A property owner wants to know his investment is in good hands, that his investment is safe, and that his funds are safe. An owner wants to know that the property is secure and well maintained. Trust is earned over time, and therefore the primary responsibility of a good property management company is to make sure the property is occupied by excellent tenants who pay rent on time and take good care of the property.

An owner wants to be free of day-to-day involvement. The owner also wants to benefit from cost savings provided by good management through increased occupancy rates, higher rents and ongoing assessment of the property. The owner also wants the option to have access to what is going on at any time, 24/7.

"Silver River Property Management is licensed in the State of Maryland, and has been providing property management services to satisfied clients since 2002. We are proud of our untarnished record of excellent service to owners and investors." -Dan Stein

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Cheverly was begun as a planned suburb in the early 1900s. The Cheverly area was first platted in 1904 for a 93-acre (380,000 m2) community called Cheverly Gardens. The land was subsequently purchased in 1918 by Robert Marshall, president of the Washington Suburban Realty Company. The Cheverly subdivision platted by Marshall was developed around the 1839 Magruder family homestead known as Mount Hope. Marshall became the first resident of Cheverly by taking up residence in the restored homestead in 1919.

In 1923, the first road, now known as Cheverly Avenue, was completed and paved to connect the Pennsylvania Railroad line to Landover Road. 34 developer-built houses were constructed between 1921 and 1925. Most of the early houses were mail-order designs from Sears & Roebuck and the McClure Homes Company. Marshall lost control of the Washington Suburban Realty Company in 1927. Harry Wardman assumed the position until the company’s bankruptcy in 1929 due to the stock market crash.

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Cheverly Property Management