Serving All of Lacey
Have you lived in the Lacey area for most of your life and realized that more and more people are moving into this area? If you have, no you are not crazy! There are new people moving into this area it seems just about every day. They love how this area is one that is close to the main cities, while also giving you the feeling of knowing your neighbor. However, are all of these new faces buying property in this area? No! They are renting their property from citizens who have decided that owning rental property is an investment that they want to take a chance on. Even better, a lot of these people are working with us so that they know that there are taking no chance on their rental property.
Who are we?
We are a full-service property management firm that deals with rentals in the Lacey area. Those who work with us know that they want the income that owning rental property can give, yet they do not want to do the work that is required of a typical landlord. That is where we can help. As a full-service property management firm, we step into the role of landlord for the Lacey property so that you can simply sit back and collect on this investment.
When we say that we do it all, we really do it all. We handle the advertising of this rental to the market, go through the tenants that are wanting to live here and choose the best one. We base this on our years of experience and the extensive tenant screening services that we use to judge whether someone will make a good choice. From there, once this person has moved in, we handle collecting rent and become the point of contact for the tenant.
We know how to market your property.
Finding excellent tenants starts with making sure your property is visible and attractive. We install professional signage, create quality listings, describing your property thoroughly, and take beautiful photographs that showcase your properties highlights. We then list your property on all of the highly trafficked rental websites, including utopiamanagement.com. Our dominant position in the marketing place and years managing rental properties has allowed us to develop a sizable referral database. This positive reputation for being fair and responsive means many potential renters check with us first to find their rental home. We are able to consistently rent properties priced at current rates to qualified tenants. Our responsive property managers complete the marketing optimization by being available and knowledgeable, with phones and emails always answered swiftly.
- Advertising on most popular rental websites
- Quality listings including photos and video
- Showings 7 days a week by appointment
- Utopia referral base increases visibility beyond competition
Apartment Management Services
Owning an apartment complex brings a unique set of challenges. Utopia has spent years developing skills and systems to make your investment as profitable as possible. We manage apartment communities of all sizes, providing quality management services to suit the diverse needs of each apartment community. We provide comprehensive rental management, including scheduled property maintenance and rent-ready repairs, online rent collection, marketing and attracting quality tenants, lease execution, rent setting, and tenant retention programs. Our responsive managers help tenants feel welcomed and appreciated. Our experience leads to decreased vacancy rates and increased ROI. And our expertise and professionalism translates to profitable and headache-free investments for our clients. For an affordable quote and to discuss your needs, contact Utopia today.
- Online rent collection and direct deposit
- Extensive experience across a wide spectrum of multi-family properties
- High visibility marketing and promotion of your property
- Tenant retention strategies
- Responsive communication with calls and emails answered swiftly
- 24-7 emergency response
- Full monthly accounting and financial tracking via online portal
Commercial Property Management
When it comes to commercial property investments, Utopia’s property managers are professional and think like entrepreneurs. Investors have trusted Utopia for years for all types of commercial property: medical buildings, industrial and office complexes, mixed use, and retail storefronts. We offer extremely competitive management fees, customized to the size and complexity of your property and portfolio.
- Comprehensive Management Services: building maintenance, marketing to target audience, lease administration, inspections, evictions and collections
- Monthly Financial Accounting Statements
- Tenant Retention Programs
- Vendor Management
- Contract Administration
- REO Management and Disposition
- CAM & Operating Expense Reconciliation
- Customized Asset Management Strategies
Homes & Condos
Utopia represents a large network of single family homes of all sizes and values. Our residential professional management services both attract and keep tenants happy while keeping owners expenses and vacancy rates down. Our goal is to free you from the day-to-day management tasks, from showing properties to collecting rent in our online portal, while maximizing your ROI.
With 25 years experience, you can rest assured your property is in good hands. Our years in the industry mean we’ve seen it all, and developed smart systems to screen tenants, manage expenses, communicate with tenants, and maintain properties efficiently. We understand local law and legal aspects of rental management so we shield our owners from unnecessary liabilities.
For residential properties, we offer a competitive management fee, which is one of the lowest in the industry. Unlike some competitors, we do not add on hidden charges or leasing or set-up fees.
Thorough Tenant Screening
Placing the right tenant is the single most important step in rental management. Our applicant screening includes income, rental history, employment, and eviction search to evaluate for potential delinquency issues. We verify identification, social security cards and pay stubs, along with contacting prior landlords for recommendations, keeping the delinquency rate to a minimum. Our thorough screening process for potential tenants has consistently kept our eviction rate at less than one percent.
Utopia also provides our owners with the optional “Utopia® Eviction Protection Program” for further peace of mind. As a management company, we have many procedures in place to assist in the elimination of potential liabilities.
- Exceptional property protection options for owners.
- Preparation, delivery, and execution of legal documentation for evictions.
- Optional “Utopia Eviction Protection Program” for additional peace of mind.
Quality Maintenance & Repairs
Maintaining your rental property, as well as being available to deal with emergency repairs, can be a source of frustration for landlords. At Utopia, we have a staff of in-house technicians available for most work, under general contractors license (#792427), meaning we can complete work as quickly as possible and pass the savings on to our clients. When necessary, we also have a network of trusted vendors for specialized work, some of which we have been using for over fifteen years. This relationship translates to purchasing power to help Utopia’s clients get a better than market price.
- Maintenance & Rent Ready Repairs
- Technicians on Staff or Preferred Vendors
- 24 Hour Emergency Maintenance
- Move-in and Move-out Inspections
- Licensed and Insured Vendors
All Financials Tracked & Reported
Managing both expenses and income is all handled by our accounting department with use of your owner web portal. Tenants appreciate the ability to pay rent online, which also decreases delinquency. All expenses and receipts are tracked online and available to you at any time. A monthly statement includes all financial activity and copies of the bills we paid on your behalf. Your December statement has all of your annual figures for tax purposes. If you ever have questions regarding your statement, you can contact one of our helpful accounting staff members.
- Custom Web Portal
- Accounting staff make financial management easy
- Rent and security deposit collection online
- Bills and year end figures available any time
Frequently Asked Questions
Where is Lacey located?
Lacey, WA, located in Thurston County, Washington, is a city known for its blend of urban and suburban areas amidst stunning natural surroundings. Situated on the southern tip of Puget Sound, about 50 miles southwest of Seattle, Lacey provides easy access to waterways like Hicks Lake and Woodland Creek, making it a haven for boating and fishing enthusiasts. The city is well-connected to neighboring towns via major roadways, including Interstate 5. Lacey boasts notable parks such as the Nisqually National Wildlife Refuge and LBA Park, offering abundant opportunities for outdoor recreation. With its convenient urban amenities and the Pacific Northwest's undeniable charm, Lacey, WA, is an attractive destination for residents and visitors alike.
What is the climate like in Lacey?
Lacey enjoys a marine west coast climate characterized by mild winters and cool summers. Winter temperatures typically range from the mid-30s to mid-40s Fahrenheit, while summers bring comfortable temperatures in the mid-60s to mid-70s Fahrenheit. The city receives a moderate amount of rainfall throughout the year, with the wettest months occurring from November to February. Cloudy days are frequent, especially during the cooler seasons. Lacey's climate offers a pleasant and temperate environment without extreme weather conditions, making it an inviting location for residents and visitors alike.
What is the economy like in Lacey?
The economy of Lacey thrives on a diverse range of industries. Its advantageous location near Olympia and the metropolitan area contributes significantly to its economic vitality. The city benefits from sectors such as government, healthcare, education, and retail. Lacey serves as a hub for government activities, hosting offices like the Washington State Department of Labor and Industries that generate numerous job opportunities. The healthcare sector is well-established with a variety of healthcare facilities catering to the community. Lacey is also home to educational institutions that contribute to its economy. Furthermore, the retail sector is vibrant, featuring a mix of large shopping centers and local businesses. Overall, Lacey's economy is a dynamic blend of industries that provide a wide array of employment prospects for its residents.
What are the educational opportunities in Lacey?
Lacey provides a diverse array of educational opportunities for its residents. The city is home to both public and private schools, offering primary and secondary education within the North Thurston Public Schools district. Students in Lacey have access to a range of educational options, including elementary, middle, and high schools. Private educational institutions also provide alternative approaches to education. Furthermore, Lacey is host to satellite campuses of higher education institutions, allowing individuals to pursue post-secondary education and professional development. With its varied educational landscape, Lacey ensures that residents have access to quality schooling at different levels.
How is the cost of living in Lacey?
Lacey presents a cost of living slightly higher than the national average. However, the city offers various housing options, such as single-family homes, townhouses, and apartments, at relatively affordable prices compared to neighboring cities. Housing costs typically form the largest portion of residents' expenses. Other factors impacting the cost of living include transportation, utilities, healthcare, and groceries, which generally align with national averages. Lacey's close proximity to larger metropolitan areas like Olympia and Seattle does influence the overall cost of living. Nevertheless, Lacey remains a more affordable choice that provides residents with access to a wide range of amenities and services.