Insights

Established Expertise First Rate Property Management has been operating since 1994, demonstrating long-term industry experience and a solid customer trust base, which can facilitate upselling of advanced property management solutions.

Growth Potential With annual revenue estimated between 25 and 50 million dollars and a relatively small team of 11 to 50 employees, the company is positioned for scalable growth opportunities and requires scalable technology and operational support.

Leadership Transition The company recently underwent a transition in leadership with the founders stepping back and the current management team leading since 2021, indicating a stable organization receptive to innovative solutions that support continued growth.

Market Positioning Operating within the competitive property management space alongside larger firms like HomeRiver Group, First Rate Property Management may seek targeted technology or services to enhance efficiency and client engagement.

Experience Focused Team Led by industry veterans and key personnel with extensive experience, the company values professional development, presenting an opportunity for tailored training or staff management solutions to improve service quality.

Similar companies to First Rate Property Management

First Rate Property Management Tech Stack

Media & News

First Rate Property Management's Email Address Formats

First Rate Property Management uses at least 1 format(s):
First Rate Property Management Email FormatsExamplePercentage
First@frpmrentals.comJohn@frpmrentals.com
50%
First@frpmrentals.comJohn@frpmrentals.com
50%

Frequently Asked Questions

Where is First Rate Property Management's headquarters located?

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First Rate Property Management's main headquarters is located at 1251 North Cole Road Boise, Idaho 83704 United States. The company has employees across 1 continents, including North America.

What is First Rate Property Management's phone number?

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You can contact First Rate Property Management's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is First Rate Property Management's official website and social media links?

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First Rate Property Management's official website is frpmrentals.com and has social profiles on LinkedIn.

How much revenue does First Rate Property Management generate?

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As of February 2026, First Rate Property Management's annual revenue is estimated to be $934K.

What is First Rate Property Management's SIC code NAICS code?

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First Rate Property Management's SIC code is 6513 - Operators or Apartment Buildings NAICS code is 531 - Real Estate.

How many employees does First Rate Property Management have currently?

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As of February 2026, First Rate Property Management has approximately 28 employees across 1 continents, including North America. Key team members include President: T. D.Owner/Manager: S. H.Property Manager: C. T.. Explore First Rate Property Management's employee directory with LeadIQ.

What industry does First Rate Property Management belong to?

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First Rate Property Management operates in the Real Estate industry.

What is First Rate Property Management's email format?

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First Rate Property Management's email format typically follows the pattern of First@frpmrentals.com. Find more First Rate Property Management email formats with LeadIQ.

When was First Rate Property Management founded?

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First Rate Property Management was founded in 1994.

First Rate Property Management

Real EstateIdaho, United States11-50 Employees

First Rate Property Management was started in 1994
by Tony A. Drost, who has been an investor and property manager since 1990. In 2010, Melissa Sharone, MPM® RMP®, joined First Rate Property Management in the Leasing department after graduating from BSU with a degree in Communications. In the following years, Melissa and Tony worked closely to build and improve the company, and in 2017 Melissa’s husband, Jim Sharone, RMP®, joined the company to help takeover daily operations with Melissa. After almost a decade of planning, Tony was ready to phase out of property management, and in 2021 he turned business over to the capable hands of the FRPM team under the leadership of Jim and Melissa Sharone.

Section iconCompany Overview

Headquarters
1251 North Cole Road Boise, Idaho 83704 United States
Phone number
SIC Code
6513 - Operators or Apartment Buildings
NAICS Code
531 - Real Estate
Founded
1994
Employees
11-50

Section iconMedia & News

Section iconFunding & Financials

  • $25M$50M

    First Rate Property Management's revenue is estimated to be in the range of $25M$50M

Section iconFunding & Financials

  • $25M$50M

    First Rate Property Management's revenue is estimated to be in the range of $25M$50M

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