Insights

Established Market Presence First Rate Property Management has been operating since 1994, demonstrating a stable presence within the Idaho real estate market with a focus on property management services for nearly three decades.

Growth Potential With a revenue range of 25 to 50 million dollars and a dedicated team of 11 to 50 employees, the company shows significant growth and operational stability, indicating opportunities for scalable partnerships or technological enhancements.

Leadership Transition The recent leadership change in 2021, moving ownership to Melissa and Jim Sharone, presents an opening for innovative service offerings or tools that can support new managerial strategies and succession planning.

Technology Utilization While specific details on the tech stack are absent, the company's long history and recent leadership shift suggest an openness to adopting new property management solutions to improve efficiency and tenant engagement.

Market Positioning Competing with larger firms like HomeRiver Group indicates a competitive landscape within the region; tailored solutions that enhance operational efficiency or tenant satisfaction could provide a competitive edge.

First Rate Property Management Email Formats	Example	Percentage
First@frpmrentals.com	John@frpmrentals.com	50%
First@frpmrentals.com	John@frpmrentals.com	50%

First Rate Property Management Email Formats

Example

Percentage

First@frpmrentals.com

John@frpmrentals.com

50%

First@frpmrentals.com

John@frpmrentals.com

50%

Frequently Asked Questions

Where is First Rate Property Management's headquarters located?

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

What is First Rate Property Management's phone number?

You can contact First Rate Property Management's main corporate office by phone at

+1-208-321-****

. 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?

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?

As of October 2025, First Rate Property Management's annual revenue is estimated to be $934K.

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

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?

As of October 2025, First Rate Property Management has approximately 30 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?

First Rate Property Management operates in the Real Estate industry.

What is First Rate Property Management's email format?

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?

First Rate Property Management was founded in 1994.

First Rate Property Management

Real EstateUnited 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.

Insights

Similar companies to First Rate Property Management

HomeRiver Group

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