Salt Lake Property Management Dependability & Trust
Wadsworth Property Management is a team of experienced professionals committed to bringing expert resources to all phases of property management, including administration, maintenance and construction. We are the choice for discerning Salt Lake area real estate investors, owner associations, and developers who insist on excellent services as well as worry-free dependability. Our unique system includes a hands-on approach to ensuring the well-being of your property, personalized service, regular communications with our clients, and the design and execution of services that best meet each individual client’s needs.
What We Do
Asset Management
- We maintain professional looking, clean and attractive properties.
- We secure 3 competitive bids annually from licensed service providers to ensure continued excellence.
- We conduct monthly inspections on all properties and perform annual comprehensive reviews.
- Assist in the procurement of insurance coverage and developing cost reduction strategies as well as perform annual property tax analysis.
Rent Collection
- Rents are collected monthly with an annual 98% collection rate.
- We maintain a relationship-driven management style to ensure happy, paying tenants.
Occupancy
- Tenants enjoy a personal relationship with property managers; promoting retention or expansion within the asset.
- We design a tenant retention plan according to your specific goals
- We mitigate potential rent loss and unexpected vacancy through constant tenant communications
- We work with leasing agents where applicable to ensure maximum marketing presence
Budgets/Reports/Communication
- We prepare operating budgets and financial statements for each property with monthly and annual reporting.
- The reports are timely, up to date and consistent in the reporting process for ease of use.
- We maintain active lines of communication to ensure that you and your tenants stay current on expenses, leasing, rent collection, etc.
Construction Management
- Tenant improvements are built on time and on budget for a quick move-in or expansion.
Why Choose Wadsworth For Property Management?
Meeting and exceeding your expectations is always our #1 priority, and our goals are a reflection of the importance of our valued clients:
- Tenant lease retention of 90% per year
- Tenant questionnaire performance rating of 92% satisfactory
- Vacancies under 5% for each property
- Minor repair response time and completion ($500 or less) in 2 business days or less
- Major repair response time and completion ($501 or more) in 30 days or less
Our team routinely exceeds these goals due to each individual’s dedicated performance and desire to provide the best property management services for our clients.
Whether your property is an office building campus, industrial complex or retail center, our professionals are ready to help you protect your investment. Excellence, trust, dependability and value are at the heart of our business. We invite you to meet our team, browse through our featured Property Management Projects, and then contact us to get started.
