Draper is a small suburb of Salt Lake City with approximately 45,000 local residents. This city has grown dramatically over the past 20 years, as the SLC Metro areas has welcomed newcomers at a rapid pace. New housing developments accompanied this population uptick, and today the small community is home to a number of apartment complexes, townhouses, and new single-family properties.
Much of Draper's appeal lies in its family-friendly atmosphere and quiet neighborhood streets. The city is home to 35 public parks and more than 80 miles of hiking trails, providing ample recreational opportunities for visitors and locals alike. There are also plenty of entertainment destinations in Draper for the whole family to explore. These include spots like the Living Planet Aquarium, Draper Historical Society Museum, and Cowabunga Bay, a thrilling outdoor waterpark.
Why Call Draper, Utah Home?
For many years, Draper was largely a bedroom community, with local residents commuting to neighboring cities for work each day. Seated equidistant between Salt Lake and Provo, Draper is still a convenient option for working professionals seeking affordable housing in the Wasatch Front.
Today, Draper is also home to plenty of economic activity of its own. Among the notable companies with major operations in Draper are brands like 1-800 Contacts and Musician's Friend. Draper is also home to a vibrant retail scene, with plenty of eateries, shopping hotspots, and leisure businesses in the area. All of these businesses make Draper a vibrant, enjoyable place to live.
Investing in Draper Rental Properties
Residential properties in Draper have appreciated rapidly, thanks in no small part to the increased housing demand in the region. Renters make up approximately one-fifth of the local population, in line with other suburban areas. Investors purchasing homes in Draper need to pay close attention to the trends impacting real estate in the community, in order to achieve better results for their rental homes.
Of course, many investors ultimately find a Draper property management partner provides the best solution for keeping their home well maintained. At BMG Rentals, we work extensively with clients in Draper, locating qualified tenants, responding to repair requests, and conducting frequent inspections to keep our portfolio healthy. We also keep our renters satisfied, reducing turnover rates and creating better returns for those who entrust us with their investments.
We're proud of our 96% owner retention rate—keeping our clients happy is our top concern. By working with BMG Rentals, you'll say goodbye to the stress of DIY management, once and for all. And unlike the other guys who try to use sticky contracts and complicated pricing structures to keep you guessing, we provide a foolproof alternative. Non-binding contracts, straightforward monthly pricing, and our satisfaction guarantee allow us to confidently deliver the best property management around.