Woodward Properties

What Woodward Properties does

Woodward Properties Inc. is a privately held, family-owned property management company founded in 1976 and headquartered in Havertown, Pennsylvania. The company owns and operates a portfolio of 28+ apartment communities in the Philadelphia suburbs — concentrated in Delaware County (Upper Darby, Lansdowne, Secane, Drexel Hill, Clifton Heights, Havertown) and Montgomery County (Bridgeport) — and has, since 2021, expanded into Southeast Florida with properties in Boynton Beach, Pompano Beach, and Stuart. It is described as the largest property management company in Delaware County, PA, with individual branded communities such as Bishop Hill, Bridgeport Suites, Ambassador Terrace, Hazel, Karen Court, Landon Court, Oakwood, The Villas of Boynton Beach, Amberstone, Sabal Palm Villas, and Crystal Lake. Unit mix spans studios through 3-bedroom apartments and townhomes, with monthly rents ranging from approximately $929 (Pennsylvania studios) to $2,249 (Florida 2-bedroom/lakefront).

The business model is straightforward multi-family residential rental: recurring monthly rent on standard 12-month leases, with revenue derived from a granular base of individual tenants rather than institutional or commercial counterparties. Go-to-market is direct-to-consumer via a company website (woodwardproperties.com) offering self-service apartment search, floor plans, virtual tour scheduling, and contact forms, supplemented by on-site leasing offices at each property, a central phone line (215-473-4803), and a separate Florida leasing team. A $100 resident referral program and ongoing updates to online advertising support lead generation. Pricing varies by submarket, unit type, and amenities, with Florida properties commanding a premium over Pennsylvania comparables.

Operationally, Woodward Properties runs on the AppFolio property management platform, which powers its online resident portal for rent payments, maintenance request submission, and account management, with 24-hour emergency maintenance as a service differentiator. Tour scheduling is automated through MeetElise, a third-party AI scheduling tool. The company does not disclose revenue or financial metrics, is not backed by institutional capital, and has not made any disclosed acquisitions; growth has been organic, measured, and concentrated on adding properties within its existing two-state geographic footprint.

Name

Woodward Properties

Legal name

Woodward Properties Inc.

Website

https://woodwardproperties.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

51–100 employees

Short description

Woodward Properties is a family-owned residential property management company, founded in 1976, that owns and operates 32+ apartment communities across the Philadelphia suburbs and Southeast Florida, serving individual renters with studios through 3-bedroom units priced from $929 to $2,249 per month.

Ownership category

akta.pro rank

Product category

Residential Apartment Rentals (Multi-Family Property Management)

NAICS

Lessors of Real Estate (5311), Rental and Leasing Services (532)

akta.pro industry

PRIMARYBPAJAFAA

Multifamily Apartment Property Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Property Management

Keywords

• Residential property management
• Apartment rentals
• Multi-family housing
• Multi-family communities
• Apartment leasing

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Rental Income: Core revenue from monthly residential apartment rentals across 28+ properties in Pennsylvania and Florida. Income derived from studio, 1-bedroom, 2-bedroom, and 3-bedroom apartment units. Standard 12-month lease terms with renewal options.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Woodward Properties owns, operates, and manages a portfolio of multi-family residential apartment communities, leasing studio, 1-bedroom, 2-bedroom, and 3-bedroom units (plus townhomes in Florida) on standard 12-month leases. The portfolio spans 28+ apartment communities in Pennsylvania (Delaware County and Montgomery County) and 4 communities in Southeast Florida (Palm Beach, Broward, and Martin Counties), supplemented by 24-hour emergency maintenance and an AppFolio-powered online resident portal for rent payment and service requests.

Product overview

Woodward Properties operates a portfolio of apartment communities across Pennsylvania and Florida as a property management company founded in 1976. The company's core offering consists of multi-family residential properties organized into two regional portfolios: Pennsylvania Apartment Communities (Delaware County, Montgomery County) and Florida Apartment Communities (Palm Beach, Broward, and Martin Counties). Individual branded properties include Bishop Hill Apartments, Bridgeport Suites, Ambassador Terrace, Hazel Apartments, Karen Court, Landon Court, Oakwood Apartments, The Villas of Boynton Beach, Amberstone Apartments, Sabal Palm Villas, and Crystal Lake. The company supplements its property portfolio with technology-enabled resident services including an Online Resident Portal powered by AppFolio for rent payments and maintenance requests, a Referral Program offering $100 rent credits, and 24-hour emergency maintenance. The business model combines physical real estate with digital service delivery for residents.

Differentiator

Problem solved

Functional benefit

Products and services

• Bishop Hill Apartments Multi-family apartment community in Secane, PA (151 S. Bishop Ave) offering studios, 1-bedroom, and 2-bedroom apartments and townhomes, priced from $1,119 to $1,989/month, with amenities including swimming pool, fitness center, social hall, and SEPTA transit access.
• Bridgeport Suites Mid-rise studio apartment complex in Bridgeport, PA (330 W 3rd St, Bridgeport PA 19405) priced $1,049–$1,279/month, featuring private patio, elevator access, card-operated laundry, and proximity to King of Prussia Mall.
• Hazel Apartments 1- and 2-bedroom apartments in Upper Darby, PA (7246 Hazel Ave) priced $1,049–$1,449/month, featuring hardwood floors, spacious rooms, ceramic tile tub-shower combinations, and walkable access to SEPTA trolley stations.
• Ambassador Terrace Studio apartment community in Upper Darby, PA (30 S. State Rd, Upper Darby PA 19082) priced $929–$989/month, with full kitchens, oversized closets, ceramic tile bathrooms, and convenient access to SEPTA transit lines.
• Karen Court 1- and 2-bedroom apartments in Lansdowne, PA (101 W Baltimore Ave, Lansdowne, PA 19050) priced $1,219–$1,469/month, with semi-private walk-up garages, extra storage, and proximity to Lansdowne Train Station and Mercy Fitzgerald Hospital.
• Landon Court 1- and 2-bedroom apartments in Lansdowne, PA (146 S Lansdowne Ave, Lansdowne, PA 19050) priced $1,189–$1,469/month, with private garages, storage units, walk-in closets, and proximity to Media/Elwyn train line.
• Oakwood Apartments Studio to 2-bedroom apartments in Upper Darby, PA (8723 West Chester Pike, Upper Darby, PA 19082) priced $1,039–$1,349/month, conveniently located off West Chester Pike with access to shopping and public transportation.
• Jefferson Court Apartments Apartment community in Clifton Heights, PA (1 Jefferson St, Clifton Heights, PA 19018) offering 1-bedroom apartments at $1,189/month.
• The Villas of Boynton Beach Studio, 1-, and 2-bedroom apartments in Boynton Beach, FL (515 SE 20th Ave, Boynton Beach, FL 33435) priced $1,489–$1,949/month, featuring renovated units with stainless steel appliances, vinyl plank flooring, in-ground pool, and proximity to beaches.
• Amberstone Apartments 1- and 2-bedroom apartments in Pompano Beach, FL (500 E McNab Rd, Pompano Beach, FL 33060) priced $1,589–$1,889/month, with controlled access, two pools, on-site laundry, and convenient access to Tri-Rail and I-95.
• Sabal Palm Villas Gated community of 2-bedroom, 1.5–2 bath townhomes in Stuart, FL (5122 SE Lisbon Cir, Stuart, FL 34997) priced $1,889–$2,119/month, with 1,400 square feet, private courtyards, in-unit washer/dryer, pool, fitness center, and lake views.
• Crystal Lake Apartments 2-bedroom, 2-bathroom apartments in Stuart, FL (3250 SE Brook Street, Stuart, FL 34997) at the Crystal Lake community, priced $1,949–$2,249/month, with resort-style pool, fitness center, and waterfront living on Florida's Treasure Coast.

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

One partnership is on record.

• AppFoliocoreTechnology or IntegrationProperty management software platform providing online resident portal, rent payment processing, maintenance request tracking, and property operations management. Residents access the portal at https://woodward.appfolio.com/connect for payments and service requests.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Bozzuto Group: Mid-Atlantic focused multifamily owner, developer, and property manager with a similar family-influenced culture and comparable geographic overlap in the Philadelphia/Baltimore/DC corridor. Operates owned and third-party managed Class A and B multifamily, making it a close comparable to Woodward in business model and target renter profile.
• RangeWater Real Estate: Multifamily owner, developer, and manager with a strong Sun Belt focus, including Florida markets. Comparable to Woodward's Florida growth strategy and to its owned-plus-managed business model, though RangeWater is significantly larger and more institutional.
• Avenue5 Residential: National third-party multifamily property manager serving owners of Class A and B apartment communities across the US. Comparable to Woodward in core service offering (multifamily property management) but differs in that Avenue5 is purely a fee manager with no owned assets.
• The Dolben Company: Northeast US multifamily owner/operator headquartered in Massachusetts that owns and manages a portfolio of garden-style and mid-rise apartment communities. Comparable to Woodward as a vertically integrated owner-operator serving suburban renter demand, though at a larger scale and broader geography.
• The Bainbridge Companies: Multifamily owner, developer, and manager operating garden-style and mid-rise apartment communities primarily in the Southeast, including Florida. Comparable to Woodward in combining owned real estate with property management services targeting suburban renter demographics.
• ConAm Management: Multifamily owner/manager with a portfolio concentrated in the Western and Southern US, operating both owned assets and third-party management contracts. Comparable to Woodward in property management focus, though geographic overlap is limited and ConAm is meaningfully larger.
• RAM Partners: Full-service multifamily property manager operating owned and fee-managed communities across the Southeast, Mid-Atlantic, and Midwest. Comparable to Woodward in targeting suburban/garden-style apartment communities with a similar renter demographic.

Broad incumbents

• WinnCompanies: One of the largest multifamily property managers in the US with significant presence in the Northeast and Mid-Atlantic. Comparable to Woodward in resident demographics and suburban multifamily operations, but operates a much larger owned and third-party managed portfolio nationally.
• Asset Living: One of the largest third-party property managers in the US, with a significant multifamily and student housing portfolio. Comparable to Woodward in operating multifamily communities, but at substantially greater scale and broader geographic reach.
• Greystar Real Estate Partners: Global leader in multifamily property management, investment, and development. Comparable to Woodward in core service line (multifamily property management) and renter base, but operates at vastly greater scale with thousands of properties under management worldwide.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/W_Properties
• Facebookfacebook.com/Woodward-Properties-782489031879207
• LinkedInlinkedin.com/company/woodward-properties

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Woodward Properties