Property Management Firm Becomes Second-Largest in Mendocino County
UKIAH, Calif. (June 3, 2019) – 101 Property Management (101), a full-service property management company serving Mendocino and northern Sonoma counties, has acquired Mendo Realty Property Management (MRPM), bringing 101’s portfolio of managed properties to more than 500 and doubling its staff to 10. The owners of MRPM, John and Marcia Lazaro and Kerri and Chuck Vau, who founded the company in 2009, sought out 101 to purchase their property management business in order to focus exclusively on their real estate sales company and other personal ventures.
“Our core mission of quality service has always been aligned with the way Mendo Realty Property Management has operated, and we’re honored they looked to us to ensure that their clients will be well taken care of,” said 101 President and Co-Owner Todd Schapmire, Jr. “As we continue to experience the need for more building across the North Bay and a significant influx of people and businesses to northern Sonoma, and to Mendocino County in particular, we are excited to continue raising the bar in property management here with a skilled and growing team.”
“As longtime owners of investment properties ourselves, it was important to us to move our business to a company that we could trust to care not only for our personal real estate portfolios, but also for our clients and tenants in the way they have come to expect and deserve,” said MRPM Co-Owner and Broker John Lazaro. “We have all known 101’s Todd Schapmire and David Ryan for many years, both personally and professionally, and we are confident this is the perfect fit for our clients and employees. We thank 101 for working to make this a smooth transition.”
Key MRPM staff in property management, maintenance and bookkeeping will join 101’s experienced property management and maintenance team to ensure that properties are well maintained and the needs of both owners and tenants are promptly serviced. Working to make the most beneficial connections between qualified tenants and investment property owners, 101’s comprehensive online services provide top-notch marketing to quickly fill vacancies for owners and no-hassle searches and applications for tenants.
Along with Schapmire, 101 is owned by David Ryan, Randy Waller and Tony Shira, who together have decades of experience in real estate and property management, as well as multiple personal real estate holdings. The Ukiah-based company manages a variety of residential properties, including single-family and multi-family residences, as well as commercial and industrial properties along the Highway 101 corridor from Cloverdale to Redwood Valley.About 101 Property Management
101 Property Management is a fast-growing and service-oriented property management firm based in Ukiah, Calif. Its professionals bring decades of expertise in real estate and property management to their work managing more than 500 residential, commercial and industrial properties along the Highway 101 corridor from Cloverdale to Redwood Valley in Sonoma and Mendocino counties. As real estate investors themselves, the 101 Property Management team understands the peace-of-mind property owners are looking for in managing and protecting their investments. Owners and tenants can rest assured that the experienced professionals at 101 Property Management are always available to promptly address their needs – from filling vacancies to maintenance requests and more. Visit 101forlease.com.