ICO Property Management ensures successful operation of multi-family and commercial real estate through a complement of management, development, and construction/maintenance expertise, in-depth market knowledge, and an established presence in Utah. As a builder, ICO knows the little secrets to minimizing lifetime maintenance costs of each property, saving owners from making unnecessary investments and ensuring maximum value at sale due to higher NOI. In multi-family, ICO has experience with a diverse product mix in multi-family, including garden-style, mid-rise, high-rise, mixed-use, age-restricted, condo reversions, and distressed assets/turnarounds. In commercial, ICO has experience with mid-sized office, industrial and business parks of scale, and retail strip centers and pads.
ICO Property Management oversees all internal and multiple, third party properties. ICO personnel combine professional experience with warm, courteous demeanors to ensure that tenants are so impressed with service levels they continue to lease from us.
ICO’s proprietary database of property values, lease rates, occupancies, and other “soft” data allows individual property managers the unique ability to enhance value through micro rental rate adjustments. Additionally, ICO’s deep Utah market knowledge, combined with bringing to bear the best of outside market experience in amenities and project features, enables ICO to present each asset in the most positive way possible, translating into occupancy, rental rate, and other Net Operating Income generating advantages.
On the management cost side of the equation, ICO has also benchmarked properties from the Chicago, Dallas, Denver, San Francisco, Orange County, Portland, and Seattle markets. ICO’s construction teams have backward engineered design features, building systems, HVAC, plumbing, electrical, roofing, and other building features. ICO applies these learnings in a unique, comprehensive way to design and build structures that optimize cost over a project’s life, resulting in Lowest Lifetime Total Cost of Ownership (LLTCO™).
ICO Companies Office:
3401 N. Center St. Suite 300 Lehi, UT 84043
The ICO Companies, a sister company to Ivory Homes, Utah’s Largest Homebuilder for 31 years.