Herriman Property Management
TRANSPARENCY. STEWARDSHIP. INTEGRITY. INNOVATION. WORK ETHIC.
Overview
Owning a successful rental property requires time, effort, and know-how. With Utah Property Solutions, you gain the benefits of a dedicated team that handles every detail of managing your rental—saving you the frustration and freeing you up to enjoy your investment. As a full-service Herriman property management company, we’re here to help you weigh the advantages and disadvantages of working with property management companies, ensuring you make the choice that’s best for your goals.
Have specific questions? Looking for tailored advice? Our team provides personalized guidance to help you:
- Boost your property’s value
- Attract high-quality residents
- Streamline management processes
Ready to explore how property management can work for you? Schedule a consultation using the form , and let’s maximize your property’s potential together!
schedule a consultation
Owner or Renter?
The Benefits of Using 
- Optimized Investment Strategy
- Transparent Pricing and Operations
- Large Property Advertising Network
- Low Maintenance Costs
- Accurate Financial Reporting
- Stress-Free Management
- Thorough Underwriting & Screening Process
- Legal and Compliance and Risk Management
- Communication Guaranteed
As Your Herriman Property Manager, We Take Care of Everything.
Marketing
Marketing is key to successful rentals. Utah Property Solutions provides an expert market analysis for each property we manage to maximize your return on investment. Details +
Screening
We conduct extensive screening on all tenants and handle everything from moving your qualified tenant into their new home, to rent collection, to handling maintenance issues. Details +
Rent Collection
We make sure you get paid on time, every time. You no longer have to worry about rent showing up in your bank account because we take care of everything so you have to worry about nothing. Details +
Maintenance
We conduct inspections upon move-in and move-out that include documentation of the property’s condition and ensure all maintenance issues are addressed in a timely manner. Details +
Financial Reporting
With our detailed financial reporting tools, it's never been easier to keep tabs on your investment. Log into your owner portal to view statements and stay in tune with how your investment is performing. Details +
Eviction Management
In the unfortunate event that a tenant needs to be evicted from your rental, we will cover the cost of a simple uncontested eviction (some restrictions apply) and ensure your investment is protected. Details +
Pricing packages catered to you
Full Service Management Pricing
This industry has many different pricing models, but ours stands out with a 100% commitment to transparency. Take a look at how we’ve structured it!
Learn MoreComprehensive Care Plan
Enhance our Full-Service Property Management with the Comprehensive Care Plan—crafted specifically for investors looking to elevate their approach from property management to true asset management.
Learn MoreGet a free rental analysis today.
you’re protected with our guarantees
Communication matters! We guarantee a response within 1 business day or we’ll credit your next month’s management fee.
Life happens—sometimes residents need to move early, or we miss the mark and place someone who stops paying rent. If either occurs within 6 months of move-in, we’ll place a new tenant at no additional leasing fee.
In the unlikely event of an eviction, we cover associated costs up to $1,000. Average eviction is about $800.
We guarantee an executed lease within 30 days of advertising, or we’ll credit one month’s management fee to your account (excluding November to January).
We will cover up to $2,000 above the standard security deposit for property damage caused by approved pets.
What Our Clients Have To Say
Why Invest in Herriman
About Herriman
Located about 30 minutes from Salt Lake County, Lehi is a prime location to live, work, and play. The Timpanogos mountains set the tone for what it is like to enjoy this beautiful city. There is no shortage of outdoor adventures from biking, hiking, climbing, and shooting down the slopes at local ski resorts. Of course, there is plenty to experience in the heart of the city as well, from museums to performing art centers to delightful restaurants that will satisfy any culinary craving you may have. Plus, Lehi has easily accessible public transportation that helps locals commute to work and events inside and outside the city. If you are looking for a location to purchase a rental property, Lehi should be on your shopping list!
-
Investing Insights
Before jumping into the pros and cons, let’s take a look at Lehi’s city demographics to better understand the city as a whole. Lehi has grown from a town of 47,000 in 2010 to over 77,000 in 2021. The U.S. Census reported a median household income of almost $100k in 2019, and it is expected that it has risen another $10k since then. While Lehi's poverty rate is higher than the surrounding areas, at 6.4%, it still has an excellent crime rating, with violent crimes much lower than the national average.
-
Pros of Investing in Herriman
Lehi is known as the "Silicon Slopes" due to its abundance of tech companies that are rapidly growing. Lehi itself is also growing at a fast rate to accommodate the influx of employees needed for these tech companies and the expansion of the community in general to support them. Fortunately for rental property owners, only 12% of units are renter-occupied, with over 90% of those units receiving between $1,000 and $1,500 a month. On top of that, the lower cost of living than the surrounding areas makes Lehi a rental location that can appeal to all economic demographics.
-
Cons of Investing in Herriman
Unfortunately, the rapid growth of a city can have its cons as well. Lehi is attempting to build more housing, which has led to extensive housing projects. This may impact your applicant pool as there will eventually be more rental units on the market. Additionally, more people means more traffic, and Lehi is still working on adjusting its road systems to accommodate the influx of drivers.
-
Herriman Home Prices:
As of April 2021, the Lehi housing market is as follows:
- Price Range: $270K to $1.4M
- Median List Price: $435K
- Trending: Lehi has seen an 11.6% year-over-year increase. According to Zillow, Lehi has seen a sharp rise in median home list prices from $303k in 2016 to what we have today.
-
Herriman Rental Rates:
As of April 2021, the Lehi rental rates are as follows:
- Price Range: $700-$2,000
- Average Rent: $1,291
- Trending: Lehi has seen a 2% increase in rental rates since 2020.