Property Management In Spanaway, Washington
Spanaway is a small unincorporated area of Washington state that is approximately 45 miles southwest of Seattle. This suburb of Tacoma has an area that consists of 8.7 miles of land. The most frequently traveled road in this area is Pacific Avenue South, which is also known as State Route 7. Its population, which consists of 27,227 residents, is demographically diverse. According to the demographics, it is 65.7% White, 13% Hispanic or Latino, 9.8% Black or African American, 6.6% Asian and 6.1% Native Hawaiian or Pacific Islander. The educational statistics show that more than 89% of the adult population has a high school diploma and over 13% has a bachelor’s degree or higher.
Until 1863, this unincorporated area of Washington state was controlled by the Hudson’s Bay Company. In 1897, it was given the name Lake Park. Over 70 years later, in 1970, the name was changed to Spanaway.
This area is surrounded by the unincorporated areas of Parkland, Lake Park, Elk Plan and Prairie Ridge. According to estimates that were given by the US Census Bureau in 2018, the median household income was $68,667 from 2014-2018. The same report showed that 88.1% of residents lived above the poverty line. According to data that was collected in March of 2020, the median home value of properties in this area was $340,630. The median cost of rental properties was $1,950 per month.
If you would like to schedule a complete market analysis of your rental property, then contact us. We look forward to assisting you.
Spanaway Property Management
Our property management team specializes in residential areas throughout Spanaway, WA. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands. Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Spanaway area property management services.
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