In Dayton’s rental market and throughout the country, there’s a growing interest in environmental sustainability and eco-friendly rental properties. This is a trend and a business practice that we believe in. As local business leaders and housing providers, we find ourselves feeling responsible for improving the community that we serve.
The demand for greener living spaces and sustainable building and management practices is definitely on the rise, with renters actively seeking properties that align with sustainable values. For landlords and rental property investors in Dayton, integrating eco-friendly practices not only benefits the environment but can also elevate the attractiveness of your rental property and improve your bottom line.
We’re working with owners on this all the time, and we want to share our leadership initiatives with you around environmental care and eco-friendly business values.
ManCo Property Services Environmental Consciousness Vision Statement
ManCo believes that solid neighborhoods are the foundation of a healthy community. Our vision is to develop an environmental consciousness to guide us toward a more sustainable way of living and doing business.
By following the ManCo golden rule: “Always do the right thing!” We aim to inspire the community to follow our lead and join us in advancing our quality of life by being good stewards and leaders with our built environment.
How We’re Changing Ourselves for the Environment
ManCo leadership and employees recognized that becoming leaders of good stewardship practices had to begin with our own house. To improve the energy efficiency and lower the carbon footprint of the ManCo office space, and reduce dependency on fossil fuels, we committed to implementing a significant plan for change. Here’s what it looks like:
- Conduct a weatherization inspection to identify and repair energy loss areas
- Redesign the electrical panel and circuits to take advantage of internal solar grid
- Replace shingle roof with newer energy-efficient shingles
- Install solar grid designed to produce 90% of our average monthly electrical use
- Install a dual heat source system to offload some gas heating demands to a heat pump system
- Install an EV car charger powered by the solar grid with free access to employees
- Conduct a lighting assessment of the campus to eliminate wasteful or unnecessary lighting
- Embrace LED lighting technologies both inside and outside the office
- Make efforts to improve our recycling of office materials and packaging by employees
Changes for Clients/Tenants and the Environment
Our opportunity to significantly impact the environment is multiplied exponentially when we consider that in our role as a property management company, we can influence hundreds of property investors and tenants who occupy the units we manage across the city of Dayton.
This role involves continuous education of our clients and promoting our own story of participation in sustainability. Some of our goals explicitly related to this activity area include the following:
- Reduce the dependency on fossil fuels while reducing energy costs for owners/tenants
- Educate and enlist owners to participate in sustainability efforts
- Develop relationships with build partners in the Dayton area to take advantage of property maintenance and weatherization programs
- Encourage and assist tenants to apply for weatherization subsidies where appropriate
- Enhance the value of owner assets by providing more timely maintenance and improvements
- Maximize owner investment by taking advantage of community and federal investment dollars
- Improve education and training of maintenance personnel to be energy-aware
- Share our solar design and implementation experience with owners for consideration
Leadership in Community and for the Environment
Inspired by Huffman Prairie and other local metro parks, ManCo decided to allocate a portion of its campus for enjoyment by the community. The visioning process began with creating an urban meadow to beautify the area that will evolve with an increase in the variety of wildflowers, grasses, birds, insects and other pollinators that will populate the meadow.
The project’s second phase was to formalize plans for creating a community pocket park that will serve the neighborhood both as a spot for respite and education. Thus, the ManCo Urban Meadow Community Park was born, and we appreciate the multiple grants from community organizations that have helped bring this dream to reality.
Business Benefits: Why Invest in Eco-Friendly Rental Practices
If you’re wondering why this is so important to us, it’s because as Dayton property management leaders, we believe we have a responsibility to our community and to the owners and tenants we serve. We also know that our unique position as a company that advises investors and provides housing to residents gives us a platform that we plan to use for good.
It’s also worth noting that environmental stewardship and leadership is good for business, and that’s why we’re so pleased that many of our property owners, landlord partners, and investment clients have come on board to adopt eco-friendly practices.
It’s good for the community and it’s also good for your business. Here’s what we mean:
- Attract quality tenants who care about the environment. More and more renters prioritize sustainability, and these tend to be good tenants who take care of properties and communities where they live. Even those tenants who do not necessarily consider themselves environmentalists will enjoy saving money on lower utility bills.
- Reduce operating and management costs. Energy- and water-efficient measures can significantly reduce utility costs for tenants and owners, depending on whether your property is occupied or vacant. You’ll spend less during turnovers and your tenants will spend less during their lease term.
- Boost property value. With these types of upgrades, both rental values and property values rise. Sustainable improvements, like LED lights and energy-efficient windows can boost your property’s long-term market value.
We are proud of what we’re doing to establish ourselves as leaders in the community both for managing properties and for creating more sustainable living spaces for tenants. If you’d like to join us in this mission, we’d love to speak with you. Please contact us at ManCo Property Services.
And remember: If it’s a property managed by ManCo, life just got better!