Paragon Properties
- Company typePrivate
- Founded1963
- HeadquartersBingham, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
Paragon Properties firmographics
Firmographics- Name
- Paragon Properties
- Legal name
- Paragon Properties LLC
- Website
- https://paragonapartments.com
- Company type
- Private
- Founded year
- 1963
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Paragon Properties industry classification
Industry- Product category
- Multifamily Apartment Rentals
- NAICS
- Residential Property Managers (531311)
- SIC
- Operators Of Apartment Buildings (6513), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
Keywords
Where Paragon Properties is headquartered
LocationHeadquarters
- HQ city
- Bingham
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Paragon Properties business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Apartment Rental Income: Monthly rental revenue from 11 apartment communities totaling approximately 3,800+ apartment homes across Southeast Michigan. Tenants pay monthly rent based on unit size, bedrooms, and amenities. Revenue is recurring as residents sign 12-month or shorter lease agreements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Rental pricing varies by property, unit size, and amenities |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Paragon Properties product offering
Product offeringCore offering
Paragon Properties operates 11 apartment communities totaling approximately 3,800+ apartment homes across Southeast Michigan, leasing units to residential renters on monthly terms under 12-month or shorter leases. The company also provides residential property management services and real estate development and construction for new communities such as The Reserve at Prentiss Pointe in Harrison Township, MI. All leasing and resident servicing is delivered through the company's website and the RentCafe (Yardi Systems) platform.
Product overview
Paragon Properties is a Michigan-based real estate development and property management company offering a portfolio of 11 apartment communities across Southeast Michigan. The company provides residential rental services through individual branded property communities (including Franklin River, Drawbridge Apartments East, Knottingham, Prentiss Pointe, Dover Hills, Woodland Villa, Westwood Village, Park Lane, Eastwood Village, Three Oaks, and Lakeside Village Apartments), complemented by property management services and new development/construction capabilities. The company also has a development project, The Reserve at Prentiss Pointe, currently under construction. All communities are operated through the company's people-first philosophy with a focus on quality housing and resident experience.
Differentiator
Problem solved
Functional benefit
Products and services
- Franklin River Apartments Apartment community located in Southfield, MI offering 1-2 bedroom units ranging from approximately $1,265 to $1,785 per month, with unit sizes from 960 to 1,200 sq ft. Targeted at residential renters seeking quality suburban housing with amenities.
- Drawbridge Apartments East Apartment community in Harrison Township, MI offering 1-2 bedroom units from approximately $1,040 to $1,180 per month, with sizes from 800 to 900 sq ft. Targeted at residential renters.
- Knottingham Apartments Apartment community in Clinton Township, MI offering units from approximately $1,025 to $1,230 per month. Targeted at residential renters seeking suburban apartment living.
- Prentiss Pointe Apartments Apartment community in Harrison Township, MI offering units from approximately $1,360 to $2,014 per month, with sizes from 900 to 1,250 sq ft. Targeted at residential renters seeking amenitized apartment living.
- Dover Hills Apartments Apartment community in Kalamazoo, MI offering 1-2 bedroom units from approximately $1,260 to $1,500 per month, with sizes from 760 to 1,150 sq ft. Targeted at residential renters.
- Woodland Villa Apartments Apartment community in Westland, MI offering 2-bedroom units of 900 sq ft from approximately $1,245 to $1,525 per month. Targeted at residential renters.
- Westwood Village Apartments Apartment community in Westland, MI offering units from approximately $1,245 to $1,470 per month, with sizes from 725 to 925 sq ft. Targeted at residential renters.
- Park Lane Apartments Apartment community in Southfield, MI offering units from approximately $1,535 to $1,975 per month, with sizes from 862 to 1,200 sq ft. Targeted at residential renters seeking amenitized housing.
- Eastwood Village Apartments Apartment community in Clinton Township, MI offering units from approximately $1,030 to $1,355 per month, with sizes from 750 to 900 sq ft. Targeted at residential renters.
- Three Oaks Apartments Apartment community in Troy, MI offering units from approximately $1,348 to $1,588 per month, with sizes from 760 to 960 sq ft. Targeted at residential renters.
- Lakeside Village Apartments Apartment community in Clinton Township, MI offering units from approximately $1,090 to $1,650 per month, with sizes from 760 to 1,200 sq ft. Targeted at residential renters.
- The Reserve at Prentiss Pointe New development project by Paragon Properties in Harrison Township, MI consisting of 54 apartment units, with estimated project completion in June 2025. Targeted at residential renters expanding Paragon's portfolio.
- Property Management Services Residential property management services in Michigan including resident experience, integrated technology, and professional development, offered in conjunction with Paragon's apartment community portfolio.
- Development and Construction Real estate development and construction services transforming spaces and shaping vibrant neighborhoods, including new multifamily projects and community renovations across Michigan.
Companies that use Paragon Properties
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Paragon Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Paragon Properties partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RentCafe (Yardi Systems)coreRentCafe provides the property management technology platform powering Paragon Properties' website, resident portals, online leasing applications, maintenance requests, and payment processing. Yardi Systems is a leading provider of property management software serving the multifamily housing industry.
Scale indicators5 records
Recent moves4 records
Expansion highlights4 records
Paragon Properties competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Paragon Properties social profiles
Digital presenceParagon Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paragon Properties leadership team
Management profileNumber of profiles
Paragon Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paragon Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paragon Properties
What does Paragon Properties do?
Paragon Properties operates 11 apartment communities totaling approximately 3,800+ apartment homes across Southeast Michigan, leasing units to residential renters on monthly terms under 12-month or shorter leases. The company also provides residential property management services and real estate development and construction for new communities such as The Reserve at Prentiss Pointe in Harrison Township, MI. All leasing and resident servicing is delivered through the company's website and the RentCafe (Yardi Systems) platform.
Is Paragon Properties a public or private company?
Paragon Properties is a private company. It is classified as family owned and is currently operating.
When was Paragon Properties founded?
Paragon Properties was founded in 1963. It employs 101 to 250 people.
Where is Paragon Properties based?
Paragon Properties is headquartered in Bingham, United States, in the North America region.
How does Paragon Properties make money?
One revenue line is on record: apartment Rental Income.
Does Paragon Properties have an API?
No public API is recorded for Paragon Properties.
What industry is Paragon Properties in?
Paragon Properties's product category is Multifamily Apartment Rentals. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 531311 and its SIC code is 6513.