Home » Tacoma » Lakewood

PROPERTY MANAGEMENT IN Lakewood

If you are invested in Lakewood, then you have bought into one of the most important cities in Pierce County. At Utopia, we understand that a property investment in a city like this can be daunting. There are many challenges to creating success in the rental industry, and significant competition is chief among them. With our help, you can find the solutions needed to beat back the competition and build something better.

We have a proven track record in the property management industry. Over the last thirty-plus years, we have developed a reputation for blending the classic and the modern. We use tried-and-tested methods for property management combined with the latest trends and technological innovations. We can then be available 24/7 for both property owners and tenants. That constant availability makes a stark difference in ensuring problems are dealt with when they should be.

Contact Utopia today at 253-220-9999 and
utilize 30+ years of expertise!

Get Help Today

Your Lakewood Property, Your Investment, Our Management Expertise.

Alongside our availability, we use an online portal so that owners and tenants can communicate with us whenever they need to. We are also available via phone and email, so whenever a problem emerges, we are here to provide support. Landlords can rely on us to perfect their property portfolio, while tenants can trust us to find the solutions they need to live happily in Lakewood.

No Leasing Fees

Utopia is redefining property management by eliminating leasing and tenant renewal fees, setting a bold new industry standard.

Navigate the changing economic landscapes with Utopia's innovative tenant rental agreements. Envision a 5% rental growth annually and enjoy mutual flexibility during property sales, securing your investment goals without a hitch.

Round-the-Clock Connectivity

24/7 Peace of Mind: Utopia Always Listens, Day or Night.

Experience the peace of mind that comes with our 24/7 live-answer reception service. Whether it's a query in the dead of night or a pressing concern at dawn, Utopia ensures you're always heard.

Data-Driven Pricing Strategy

Unlock Profitable Decisions: Tap into Rental Market Insights with Utopia.

Leverage the power of analytics with our subscription to leading rental data platforms like Costar. Make informed decisions with insights into commercial, residential, and multifamily rental markets, ensuring your pricing strategy is both competitive and lucrative.

Comprehensive Service Network

Where Property Management Meets Holistic Protection: Utopia Has You Covered

Step into a world where property management meets holistic care. Our partnerships with esteemed Real Estate and Insurance entities mean you're covered under a full umbrella of services, ensuring every facet of your investment is protected.

Optimized Portfolio Management

Tailored Support, Exceptional Service: Utopia Redefines Property Management.

Tailored Support, Exceptional Service: Utopia Redefines Property Management. Say goodbye to the one-size-fits-all approach. Our staffing model is meticulously designed to support a manageable portfolio size, ensuring personalized attention and unparalleled service quality from our Property Managers (PMs).

Unmatched Legal Expertise

Confidently Navigate Property Laws with Utopia's Expert Guidance.

Navigate the complex landscape of property laws with confidence. Utopia's proficient legal support across regions guarantees you're always a step ahead, safeguarding your assets with expert guidance.

Your Lakewood Property, Your Investment, Our Management Expertise.

REQUEST REPORT

Request Report

OPTICSAGE
@OPTICSAGE

Ryan and his team at Utopia did an excellent job preparing our house for sale and then selling it. There were a number of extreme challenges that came up including COVID related tenant issues that the Utopia team were able to help us through. Utopia's extended team of excellent contractors really topped off our experience to make the end result a positive outcome in a timely manner.

Lakewood Property Management Specialists

Lakewood Property Management Specialists
  • Work with Lakewood’s best property management company for the long-term
  • Create better rental results that satisfy both landlords and tenants at the same time
  • Property management includes all marketing needed to find the best tenants
  • Property maintenance is handled by our in-house team of maintenance contractors
  • Move-out inspections ensure problems are found before a new tenancy tenure begins
  • As a licensed general contractor, we can hire experts needed for any service required
  • 24/7 support provided so owners and tenants have support available when they need it
  • Experienced property management service covering commercial and residential properties
  • Bespoke solutions found to every problem faced by owner investors and tenants
  • Property scouting helps to make accurate recommendations on the best properties to buy

Experienced Property Management Services Near Lakewood

Experienced Property Management Services Near Lakewood

Property management in Lakewood can be a complicated business, especially if you lack experience. Many things can go wrong during property management, and most of these need to be experienced to fix. At Utopia, we bring three decades and more of experience to property owners and investors looking for help. Owners can rely upon us to deal with the problems they face in a timely manner, as can tenants.

Experience has taught us to expect the unexpected, especially in a city like Lakewood. Problems can emerge that nobody sees coming, but with our experience, we can spot the issues as they arise. At Utopia, we provide a service backed by decades of success in finding resolutions where others have failed. Why go through the pain and potential reputational harm of making those mistakes as a landlord when you could simply hire us? We can simplify and streamline the rental process for you.

Local Property Experts in Lakewood, WA

Local Property Experts in Lakewood, WA

We have general property management experience, but we also know Lakewood very well. Our scouting team has done their analysis of the area, so we know exactly what to expect in every neighborhood and on every street in the city. That experience, paired with our regional property expertise, makes us a fantastic asset for any landlord looking to make the most of their properties by hiring a property manager.

One positive aspect of Lakewood is that it is one of the more affordable cities in Washington. Properties have a median value of around $528,500, but some challenges exist here. While most properties in Lakewood are relatively new—over half were built in the 1970s at the earliest—there are many renters here. Over 57% of the people who live in Lakewood rent. Landlords need to be able to advertise their rental properties so they gain visibility. We can manage all advertising to overcome the competition.

Why Choose Utopia?

Why Choose Utopia?

If you are worried about investment property in Lakewood failing to maximize its potential returns, then you need a property manager. You need a specialist who can manage the day-to-day rental process and keep tenants happy. More importantly, you need an expert who can assist in making sure that tenants are happy, problems are spotted early, and creative solutions can be found to the complex problems faced.

If you are worried about hiring a property manager without experience, then you have nothing to fear by hiring Utopia. Since 1994, we have been providing our comprehensive property management service to people looking to maximize their long-term returns. Our name speaks for itself in the industry. We have a track record spanning across Washington, Nevada, Oregon, California, and elsewhere.

Our services are a full-suite solution, meaning we can manage every part of your rental property. We will include providing accounting, marketing, day-to-day management, tenant selection, screening, and even maintenance works. Combined with our regional expertise and our attention to detail, we can ensure any rental properties in Lakewood are filled with the best tenants.

Our role is to create the most harmonious, profitable rental conditions that benefit everyone, backed by 24/7 support and fresh solutions. Work with us, and let us show you why our services never let you down.

Maximize Property Value in Lakewood, WA

Maximize Property Value in Lakewood, WA

Given the relatively affordable nature of Lakewood’s properties, at least compared to Washington as a whole, investments here are very intriguing indeed. However, one problem we often find our clients in Lakewood face is a lack of long-term development. Property value growth here has been fine over the last decade, with value growth of over 150% in that time. However, the last few years have seen relative stagnation. In the last two years, rates of just 10.4% put Lakewood in the lower-end growth category.

At Utopia, we look to focus on a target of 5% year-on-year rental growth for properties. We also do everything in our power to ensure that property value growth can become consistent. This ensures that properties are more likely to see long-term value, resulting in more profitable sales in the future. We also look to target a healthy rental return for owners, aiming for the $2,230 per month averages found here.

With our team involved, Lakewood properties can see their values grow, demand swell, and benefit from low vacancy rates.

What Makes Lakewood Special?

What Makes Lakewood Special?

Many things make Lakewood stand out as one of the best cities to live in across Washington. One such example is the presence of so many beautiful lakes. American Lake, Gravelly Lake, and Waughop Lake all sit within the city limits, as do Lake Steilacoom and Lake Louise. Even more well-known cities like Tacoma cannot offer that level of geographical beauty that makes Lakewood stand out.

While many cities today are dominated by a human-made skyline, Lakewood has its beautiful geography instead. Lakewood is an incredibly beautiful place to live in, for that reason, but there is more to Lakewood than being an affordable place with splendid geography. Lakewood has long been home to military bases, which are major drivers in the local economy and fuel much of the city’s employment and income.

Diversity is also a major part of Lakewood, with the area boasting some of the best international districts in Washington. Head along South Tacoma Way, and you can come across many Asian-inspired communities. These communities have many citizens hailing from Korea, Vietnam, and China, which helps to add a different aesthetic feel to Lakewood compared to many other cities in this part of the USA.

The Neighborhoods Of Lakewood

The Neighborhoods Of Lakewood

Despite having a population of close to 63,000 people, Lakewood is split up across thirteen districts or neighborhoods. Each one can provide an exciting opportunity for property investors to target, especially those looking to buy rental properties. As your property manager in Lakewood, we can recommend the best places in the city to invest in. Generally, we recommend areas seeing consistent growth rates.

The most expensive parts of the city, such as Clinton Park, Custer, and the Central Lakes areas, have some of the highest-value properties in the city. However, areas with high future potential for area growth include places like Lake City, Tillicum, Lakeview, and Clover Park in the city center area. No matter where you have purchased rental properties in Lakewood, though, we can assist you with day-to-day management.

We simplify the daily running of things while focusing on creating conditions for long-term profitability. Regardless of what property type you have bought or where you have made a purchase, we can provide our comprehensive services.

Lighten The Load In Lakewood

Lighten The Load In Lakewood

Washington has many beautiful cities, but few can match Lakewood’s aesthetic charms. As such, many property investors are attracted to this location when they want to buy into one of the more affordable locations in the state. However, properties here have rich potential for future growth, and at Utopia, as your property manager, I know it is our job to help sustain that growth.

We do this in several ways. First, we focus on creating better marketing so that rental properties here can be advertised as far and wide as possible. We can then attract the best potential renters and provide 24/7 support service to keep them satisfied. As soon as a problem emerges, it can be reported to our team, and we can carry out inspections before taking immediate action to help find a solution.

Tenants and owners benefit from our extensive presence within the day-to-day running of any rental property here. We provide a service backed by an extensive track record and decades of management success. Any rental portfolios in Lakewood are safe in our hands, as we provide the reliable property manager needed to create consistent success across the entirety of your portfolio here in Lakewood.

Contact us today and see why our services are highly recommended in Washington’s property management sector. With our help, your only regret will be that you did not call us years ago!

Find Utopia Management
In The Heart Of Lakewood, WA

  • Property Management Company
  • Rental Management
  • Property Investment Company
  • Property Maintenance
  • Real Estate Consultants
  • Apartment Rental Agency
  • Commercial Real Estate Agency
  • Industrial Real Estate Agency

Contact Us

Hidden
This field is for validation purposes and should be left unchanged.

Property Management Services Offered By Us

Creating the best rental conditions for tenants is the aim of any property manager in Lakewood. As your new partner, we make sure that any rental properties you own get the comprehensive care they require. Our services are adjustable to the needs of each portfolio, but our team remains focused on improving:

Advertising & Property Marketing in Lakewood, WA

Many steps are involved in creating a successful rental process, and it all starts with good marketing. To attract the best tenants, you need to be visible, right? Well, we will make that easier. We review your potential competitors in Lakewood and then create a marketing campaign that can upstage their work. Our work results in informative listings that are complemented by professional photography we have taken.

Each listing is hosted on Lakewood and Washington’s most popular online rental portals. Each portal will potentially attract thousands of viewers per year, all of whom are potential renters now and in the future. We look to create an advertising campaign that is fresh, slick, to the point, and optimized for greater views. As soon as any applicant comes forward to declare their interest, we begin tenant screening.

Advertising & Property Marketing in Lakewood, WA
Residential Property Management in Lakewood, WA

Residential Property Management in Lakewood, WA

Residential properties are the backbone of the landlord economy in Lakewood. As such, you will likely own residential properties here over anything else. While most available housing in Lakewood is, like Tacoma, built around single-family homes and townhouses, there are more alternatives than ever. Multi-family properties, such as apartment buildings and complexes, make up over 45% of property here.

If you need help managing your property, leave it to the experts. Our team at Utopia has proven its ability to find the best tenants. Once we locate tenants, we offer a specialist service that keeps them happy, ensures rent is paid, and minimizes the risk of tenant-landlord disputes. Our team is equipped with the experience, knowledge, skills, and tools required to create the most suitable rental process.

Commercial & Industrial Property Management in Lakewood, WA

Commercial properties in Lakewood are rarer than in major cities like Tacoma but are still more common than before. As your property manager in Lakewood, we can handle the responsibilities involved in commercial properties. Our turnkey solutions ensure long-term profitability for any rental property in Lakewood’s commercial sectors. We start by finding a suitable commercial partner.

Once we find a partner who we know has the track record we want for a long-term partner, we help them get settled in. We will deal with any maintenance work they need or any issues with the property that could limit their output. In addition to our usual 24/7 support and backing on administrative matters, we also handle commercial matters like REO management and CAM expense reconciliation requirements.

Commercial & Industrial Property Management in Lakewood, WA
Tenant Selection & Retention in Lakewood, WA

Tenant Selection & Retention in Lakewood, WA

A tenant needs to be very carefully selected; otherwise, a problem could emerge. We have seen first-hand the damage caused to Lakewood properties simply by rushing the tenant selection process. As your reliable property manager, we make finding a quality tenant the priority. While our services ensure that tenants are looked after, we first must ensure the tenant we choose is someone we find suitable.

Our team provides a tenant selection process that is close to 100% accurate. At Utopia, we rarely provide eviction guidance to landlords. We find the best tenants right away so we can avoid those expensive mistakes mentioned above. We verify every reference and detail about a tenant so we can be sure they are someone we can trust to respect the property. Our tenant screening process creates long-term tenancies, securing low vacancy rates and boosting profitability as rent is paid by tenants you can trust.

Financial Management in Lakewood, WA

Finances need to be very carefully managed because, as a landlord in Lakewood, you are obligated to fill in your accounts. A failure to review your financial output can not only create a headache come tax return time but can also make it tough to understand how your portfolio is performing. As your property management company of choice in Lakewood, we will assign your record-keeping to our accountants.

Each accountant on our team has extensive experience in financial reporting. They will quickly break down all your spending and investments into monthly statements. You can quickly review these details on demand via our online portal. We also ease the pressure of rent collection, using our tenant portal to simplify payments. When rent is paid, we send the payment to you. Should a tenant fail to pay on time, we investigate why and find the most amicable way to retrieve payment.

Financial Management in Lakewood, WA
Property Maintenance in Lakewood, WA

Property Maintenance in Lakewood, WA

Maintenance is not something that should ever be rushed or ignored as a landlord in Lakewood. The cost of property here is fair, as is the cost of hiring contractors to do the work needed. Instead of having to try out contractors, though, leave the repair process to us. We can manage all maintenance needs for you, dedicating ourselves to creating pristine rental properties tenants will never willingly move out of.

We coordinate with our team of in-house maintenance contractors and, if needed, third-party experts in the Lakewood area. Our team delivers exceptional quality work for a fair price, ensuring work is completed quickly. Low vacancy rates are secured by making sure property maintenance is a priority. So, we look to offer our exceptional services without delay so maintenance requests are handled right away. We also deal with emergency repairs outside of office hours, so never hesitate to call us if you need help!

Lease Control in Lakewood, WA

To elevate your properties to a higher standard of care, you need a lease control service that protects all parties involved. Legalities aside, a lease agreement is an essential way of setting boundaries between landlords and tenants. Our in-house legal department handles our lease writing service. We provide a new lease that fits the stipulations you require while ensuring full compliance with the law.

Laws apply not just to Lakewood but also to Washington and the federal government. Our team monitors legal changes closely to update lease agreements as laws change. We also handle all lease renewals for current tenants to prevent delays in keeping tenants in place.

Read More
Lease Control in Lakewood, WA

How Can We help?

Where Your Questions Meet Our Expertise

Service Area Page How Can We Help

Name

Areas Served in Lakewood

Frequently Asked Questions

Are you unsure about any aspect of owning property in Lakewood? Then you are not alone. To help you feel more confident than ever in our service, here are some of the most commonly answered questions we receive about property in Lakewood. Not able to find an answer? Contact us for a bespoke response to any queries you might have.

Frequently Asked Questions

Where is Lakewood located?

Located in Pierce County, Lakewood is a city in Washington, approximately 40 miles south of Seattle and about 9 miles southwest of Tacoma. With an area spanning approximately 18 square miles, the city is bordered by the picturesque Puget Sound to the west, offering stunning waterfront views and ample recreational opportunities. Lakewood boasts excellent connectivity, thanks to its convenient access to major highways like Interstate 5 and State Route 512, ensuring easy transportation options for residents and visitors. Additionally, the city benefits from its close proximity to Joint Base Lewis-McChord, a prominent military installation that significantly contributes to the local economy and population. Situated between Tacoma and Seattle, with its coastal location and access to military resources, Lakewood is an attractive and accessible destination that offers a range of opportunities for both residents and tourists.

How is the weather in Lakewood?

Lakewood, Washington, boasts a mild and temperate climate throughout the year. This city falls into the category of a Mediterranean climate, featuring warm, dry summers and cool, wet winters. Residents and visitors can enjoy pleasant summers with average temperatures ranging from the mid-70s to low 80s Fahrenheit (around 24-28 degrees Celsius). Winters in Lakewood are characterized by mild temperatures, averaging from the mid-30s to low 40s Fahrenheit (around 1-6 degrees Celsius). The region receives moderate rainfall, particularly during the winter months, which contributes to the lush greenery and vibrant landscapes. Overall, Lakewood's inviting climate offers the perfect setting for year-round outdoor activities and enjoyment.

What are some popular attractions in Lakewood?

Lakewood, Washington, presents a variety of popular attractions that cater to diverse interests. Chambers Creek Regional Park is home to the stunning Chambers Bay Golf Course, offering world-class golfing amidst picturesque trails and beautiful open spaces. Fort Steilacoom Park stands out as another noteworthy destination, featuring historical sites, expansive green areas, and recreational facilities including sports fields and walking trails. For those seeking refined beauty, Lakewold Gardens boasts meticulously manicured gardens and elegant architecture. Completing the experience, the vibrant Lakewood Towne Center provides a range of stores, restaurants, and a movie theater, ensuring a delightful shopping and entertainment experience. Whether immersing oneself in natural splendor, exploring history, appreciating exquisite gardens, or indulging in shopping and dining, Lakewood's popular attractions offer something for everyone to enjoy.

Is Lakewood a good place to live?

Lakewood, Washington, has become a sought-after place to live due to its appealing attributes. With its convenient location near Tacoma and close proximity to Seattle, residents enjoy easy access to urban amenities. The city's adjacency to Joint Base Lewis-McChord also provides unique opportunities for military personnel and their families. Lakewood is renowned for its abundant recreational amenities, including picturesque parks, well-maintained golf courses, and access to the breathtaking Puget Sound. Additionally, the city offers a diverse range of housing options, catering to various lifestyles and preferences, from cozy single-family homes to modern apartments. With its prime location, ample recreational opportunities, and diverse housing choices, Lakewood stands out as an attractive and desirable place to call home for many individuals.

Elly Johnson stands at the forefront of content research and online branding at Utopia Management. As the Content Marketing Manager, she delves deep into understanding local real estate and rental markets, fueled by her passion for travel and keen research skills. Elly is dedicated to empowering individuals with the knowledge they need to make informed decisions about where to reside. A proud alumna of the University of South Florida, located in the vibrant heart of Tampa Bay, she holds a Bachelor of Arts in Psychology. Her academic background and extensive travel experiences uniquely position her to provide insights that resonate with diverse audiences.

Latest Blog Post

Property Management Team

How to Choose the Ideal Property Management Company in 2024

it’s crucial to stay of the curve and embrace strategies that drive success. In this article we’ll delve into the …

December 20, 2023

Why Seattle is a Great City to Buy an Investment Property

Seattle is Washington’s largest city and a major tech hub, attracting professionals from around the world. The city’s thriving job …

July 1, 2024

Discover the Best Neighborhoods to Live in Spokane, Washington

Spokane, Washington, is a city that offers a blend of urban amenities and natural beauty, making it an appealing place …

July 1, 2024

Let’s Talk

800-294-4656

Fill out the form to request a free consultation

None of the authors, contributors, administrators or anyone else connected with Utopia Management, in any way possible, can be held responsible for your use of the information contained in or linked from these web pages.

Compare Listings