Preferred Property Management

Preferred Property Management

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04/09/2026

Join us for the Ribbon Cutting of Sunny Hill Suites! Tours will be provided.

01/22/2026
01/20/2026

The best part of working with a BRIGHT agent to find your next home is that you can explore every listing available, not just the ones with purple signs out front!💜 One trusted guide to open every door. 🏡✨

☎️Ritter Real Estate | 573-803-3880

Photos from Preferred Property Management's post 01/04/2026

Sunny Hill Suites Big Update!

Hard to believe that next month will mark two years of ownership for Jared W. Ritter of 45 S West End Blvd. And for those two years and a few months after, there has been a full crew there working Monday-Friday and sometimes more.

When Jared acquired this complex, it is safe to say it was one of the worst properties around. Every unit (69 units) has been a full gut - flooring, cabinets, appliances, windows, heat and air system, fixtures, and so many plumbing repairs.

Not only had the interior suffered from years of lack of maintenance but the exterior had as well. It was not just a paint job, the contractors made necessary repairs as they went along. No longer an eyesore. This showed immediate change. You could see visible proof of new ownership fast, the building and grounds.

Crime, drug activity, and the wrong tenant cliental created the wrong culture. I am sure the police are glad to see this property under new ownership and management.

Here is what has taken time:

This has not been a "lipstick" job as stated above. Every unit has and will be renovated to a quality standard. No shortcuts. No that is "good enough". Consistency. Our contractors, Larry and Tiger and crew only operate in this manner.

Laundry rooms have been renovated and new machines brought in. The laundry rooms are coded for tenant entry only. The elevator - who knew how long this would take (and expense) has been brought back to life after years of nonuse.

Culture reset. Bad tenants destroy good assets. And that is where Preferred Property Management came in. Hard decisions had to be made. A few original tenants from the purchase remain. They are good tenants, pay their rent, keep their unit tidy. They were moved to other units as their unit was renovated. Some teared up seeing their new units which brings us all a huge smile. But the majority had to go. At time of purchase some hadn't paid rent for up to 8 months. That particular one tried to intimidate me, film me, get a few other tenants against me. It did not work. Criminal activity. I was at the building in the evenings, weekends, etc and told many "this was not a place to hang out". Many will leave based on that, if not, mentioning calling the police, and most will go then. I haven't had this issue in many, many months.

This building has involved daily involvement, enforcement, leadership.

New tenants as in all of the properties managed by Preferred Property Management must fill out an application. And must pay a security deposit. I make no exceptions. Many have been denied based on past rental history, criminal history, etc etc. Many have tried to get me to take unacceptable tenants. It will not happen.

The building is now affectionately known as "Sunny Hill Suites on the Boulevard". This is a nod to a popular restaurant that was in the building in the 1970s. I like the name; I think it implies positivity.

Today this is completely different property:
**Clean
**Safe
**Stable
**Quality Tenants
**Reset of the reputation

And now the latest update! One-bedroom units are now available. And do they look sharp. These one-bedroom units lease for $850 with tenant responsible for electric. The one-bedroom units available now are on the fifth floor and have a great view overlooking Cape. Check out the pictures and video to see for yourself. Coming up next will be one-bedrooms on the main level. If interested, call Preferred Property Management 573-979-0693. Business hours are Monday - Friday 9 to 5 pm.

Cape Girardeau’s newest winter attraction has arrived, and it’s cooler than ever! ❄️

You grabbed your spots fast, and tickets are now SOLD OUT! 12/19/2025

An ice-skating rink right beside Vasterling Suites, professionally managed by Preferred Property Management.

Cape Girardeau’s newest winter attraction has arrived, and it’s cooler than ever! ❄️ You grabbed your spots fast, and tickets are now SOLD OUT!

2024 Worldwide Christmas Tesla Light Show 12/10/2025

This Saturday, December 13, from 4 - 6 pm, on Fountain Street beside Vasterling Suites (151 N Fountain where the big Christmas Tree is), will be the "Tesla 2025 Worldwide Christmas Light Show". Fountain Street will be closed for this event.
Tesla owners can download the custom light show the morning of the event. In 2024, over 2000 Tesla owners worldwide participated in the Christmas event.
Vasterling Suites is managed by Preferred Property Management.
Take a peek at this video from last year's event.

2024 Worldwide Christmas Tesla Light Show December 7th 2024 saw over two thousand Tesla owners taking part in a global custom Tesla Light Show to celebrate Christmas. From New Zealand to Hawaii, the ...

Photos from Preferred Property Management's post 11/29/2025

Getting some of our buildings in the holiday spirit!
Preferred Property Management 573–979–0693

11/10/2025

Make your way to the Vasterling Suites Courtyard the Friday after Thanksgiving to experience some Christmas magic starting at 5:30 pm. Professionally managed by Preferred Property Management.

Join us for the 7th annual Christmas Tree Lighting in Downtown Cape Girardeau!🎄

Old Town Cape’s 30-foot Christmas Tree has quickly become a holiday destination for crowds in Cape Girardeau and surrounding areas. On the Friday following Thanksgiving, spectators can visit the corner of Broadway and Fountain to sing Christmas carols, entertainment by illuminated aerial performers, enjoy warm beverages and treats, and of course, watch Santa Claus light the tree. The tree then remains lit throughout the Christmas season until the beginning of the New Year.

Thank you so much to our amazing sponsors:
Tree Lighting Event Sponsors: Banterra Bank and Top of the Marq
Winter Wonderland Sponsors: Primo Vino and Cask Craft Spirits & Beer Lounge and Victoria's Creamery
Volunteer Sponsor: Ritter Communications
In-Kind Event Sponsor:Ritter Real Estate
Media Partner: River Radio

Want your business to be the top-listed Realtor/realty Service in Cape Girardeau?
Click here to claim your Sponsored Listing.

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139 N Main Street
Cape Girardeau, MO
63701

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm