Property Management Report
Property
Management
Report
SEPT 2026
South Jordan Owner LP
6199 W. Old Bingham Highway
South Jordan, UT
Prepared For: Timur Tecimer
Print / Save as PDFExecutive Summary
We aim to be long time partners with our clients.
South Jordan Owner LP
6199 W. Old Bingham Highway
South Jordan, UT
Key Metrics
| Description | Actual | Budget | Variance — Explanation |
|---|---|---|---|
| Income | — | — | — |
| Expenses | $250 | $250 | — |
| NOI | — | — | — |
| Capital Expenses | — | — | — |
Leasing Activity:
CBRE — Tom Dischmann is continuing to market the property. No new activity to report.
Major Highlights:
No major updates or highlights for the property.
Key Risks / Issues:
Trespassing and dumping are the main concerns. Weekly monitoring of the property will be done to ensure we see issues before the city does.
Monthly Reporting Packet
Q3 2026 · 07/2026 – 09/2026
Balance Sheet
Property = South Jordan Owner LP (sjordan) | Period = 09/2026 – 09/2026 | Book = Cash
| Account | Current Balance |
|---|---|
| Assets | |
| Cash – Checking – WaFD | 1,735 |
| Total Cash and Cash Equivalents | 1,735 |
| Total Current Assets | 1,735 |
| Total Assets | 1,735 |
| Liabilities and Stockholders Equity | |
| Inter-Company Payable | 4,000 |
| Total Current Liabilities | 4,000 |
| Total Liabilities | 4,000 |
| Retained Earnings | -2,265 |
| Total Stockholders Equity | -2,265 |
| Total Liabilities and Stockholders Equity | 1,735 |
Cash Flow Statement
Property = South Jordan Owner LP (sjordan) | Period = 07/2026 – 09/2026 | Book = Cash
| Account | Period to Date |
|---|---|
| Operating Expenses | |
| Property Management Fees | 750 |
| Bank Charges | 103 |
| Total Operating Expenses | 853 |
| Net Operating Income | -853 |
| Net Income (Loss) | -853 |
| Cash – Checking – WaFD (Beginning → Ending) | 2,588 → 1,735 |
Income Statement
Property = South Jordan Owner LP (sjordan) | Period = 07/2026 – 09/2026 | Book = Cash
| Account | Period to Date | % |
|---|---|---|
| Recoverable Expenses | ||
| Property Management Fees | 750 | 0 |
| Total Recoverable Expenses | 750 | 0 |
| General and Administrative Expenses | ||
| Bank Charges | 103 | 0 |
| Total Operating Expenses | 853 | 0 |
| Net Operating Income | -853 | 0 |
| Net Income (Loss) | -853 | 0 |
Trial Balance
Property = South Jordan Owner LP (sjordan) | Period = 07/2026 – 09/2026 | Book = Cash
| Account | Beginning | Debit | Credit |
|---|---|---|---|
| Cash – Checking – WaFD | 2,588 | — | 853 |
| Inter-Company Payable | -4,000 | — | — |
| Retained Earnings | — | — | — |
| Property Management Fees | 1,300 | 750 | — |
| Bank Charges | 112 | 103 | — |
| Total | 853 | 853 |
General Ledger
Property = South Jordan Owner LP (sjordan) | Period = 07/2026 – 09/2026 | Book = Cash
| Date | Description | Ref | Debit | Credit | Balance |
|---|---|---|---|---|---|
| 1000.2503 — Cash – Checking – WaFD · Beginning 2,588 | |||||
| 7/13/2026 | GLC PM, LLC — 0626 PM Fee | K-29562 | — | 250 | 2,338 |
| 7/13/2026 | GLC PM, LLC — 0726 PM Fee | K-29562 | — | 250 | 2,088 |
| 8/7/2026 | GLC PM, LLC — 0726 Property Mgmt | K-29721 | — | 250 | 1,838 |
| 7/31/2026 | Journal Batch 7176 | — | — | 30 | 1,808 |
| 8/31/2026 | Journal Batch 7206 | — | — | 36 | 1,772 |
| 9/30/2026 | Journal Batch 7252 | — | — | 37 | 1,735 |
| Net Change | -853 | ||||
| 2100.3510 — Inter-Company Payable · Beginning -4,000 | |||||
| No activity this period | -4,000 | ||||
| 3700.2000 — Retained Earnings · Beginning 0 | |||||
| No activity this period | 0 | ||||
| 5100.9100 — Property Management Fees · Beginning 1,300 | |||||
| 7/13/2026 | GLC PM, LLC — 0626 PM Fee | K-29562 | 250 | — | 1,550 |
| 7/13/2026 | GLC PM, LLC — 0726 PM Fee | K-29562 | 250 | — | 1,800 |
| 8/7/2026 | GLC PM, LLC — 0726 Property Mgmt | K-29721 | 250 | — | 2,050 |
| Net Change | 750 | ||||
| 5200.1000 — Bank Charges · Beginning 112 | |||||
| 7/31/2026 | Bank Interest 07/2026 | J-13535 | 30 | — | 142 |
| 8/31/2026 | Bank Interest 08/2026 | J-13564 | 36 | — | 178 |
| 9/30/2026 | Bank Interest 09/2026 | J-13668 | 37 | — | 215 |
| Net Change | 103 | ||||
| Total | 853 | 853 | |||