Insights

Longstanding Expertise First Rate Property Management has been operating since 1994 with a leadership transition completed in 2021, indicating stability and experienced management that can reassure potential partners and investors seeking reliable property management services.

Boutique Scale With 11-50 employees and revenues in the 25–50 million range, the company sits between small firms and larger operators, suggesting opportunities for tailored services, scalable tech solutions, and personalized client care that can be pitched to mid-market property owners.

Family Leadership Leadership under Jim and Melissa Sharone since 2021 highlights continuity and hands-on management, which can be leveraged in outreach emphasizing dedicated client relationships, consistent service levels, and potential for strategic partnerships.

Growth Potential The combination of sustained leadership, a clear transition plan, and a mid-sized footprint indicates opportunities to expand service offerings such as advanced analytics, resident engagement platforms, and optimize operations for larger portfolios.

Real Estate Focus Industry positioning in real estate with a notable revenue base suggests potential for cross-sell in property tech, property maintenance partnerships, and access to a network of property owners seeking reliable property management and enhanced occupancy strategies.

Similar companies to First Rate Property Management

First Rate Property Management's Email Address Formats

First Rate Property Management uses at least 1 email format:
First Rate Property Management Email FormatsExamplePercentage
First@frpmrentals.comJohn@frpmrentals.com
100%

Frequently Asked Questions

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 August 2026, First Rate Property Management's annual revenue is estimated to be $25M - $50M.

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

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First Rate Property Management's SIC code is 6531 - Real Estate Agents and Managers and NAICS code is 531 - Real Estate.

How many employees does First Rate Property Management have currently?

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As of August 2026, First Rate Property Management has approximately 28 employees across 1 continents, including North America. Key team members include Professional Property Managers: F. R., Lead Accountant Specializing In Residential Property Investors: W. T. and Boat Captain: C. S. 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 logo

First Rate Property Management

Real EstateIdaho, United States11-50 Employees

First Rate Property Management operates in the real estate sector, offering property management and leasing services for rental properties. It serves property owners and real estate investors who need professional management of their rental assets, supported by a small to mid-sized team based in Boise, Idaho.

Founded in 1994 by Tony A. Drost, a long-time investor and property manager, the company gradually expanded its leadership. Melissa Sharone joined the leasing function in 2010 after completing a degree in Communications, and in 2017 her husband Jim Sharone joined to help oversee daily operations. In 2021 Tony transitioned leadership to the FRPM team, led by Melissa and Jim.

Section iconCompany Overview

Phone number
SIC Code
6531 - Real Estate Agents and Managers
NAICS Code
531 - Real Estate
Founded
1994
Employees
11-50

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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