Advanced Realty Property Management

What Advanced Realty Property Management does

Advanced Realty Property Management is a privately held, full-service residential property management firm founded in 1995 and headquartered at 2575 Highway 105 South, Suite 70, Boone, North Carolina. The company manages apartment complexes, single-family homes, condominiums, and townhouses on behalf of property owners in the greater Boone, NC market, and separately administers 18 homeowners' associations including 2 timeshare properties. Its core offering is a Full Service Program that bundles tenant qualification (applications, background checks, employment and rental verification, lease preparation), administrative services (trust accounting, monthly owner statements, 1099 issuance, bill payment), maintenance (in-house team, preventative program, 24/7 emergency response), and collections (online rent payment, late-payment follow-up, eviction handling). Owners can alternatively purchase à la carte single-issue marketing and management services.

The firm operates without a proprietary technology platform; its website, owner/tenant portals, and online maintenance request system are powered by Pointwide Solutions, and tenant acquisition is driven through the Zillow network including Trulia and HotPads, supplemented by an in-house 24/7 online scheduling tool that the company reports lifts showings by more than 30%. The revenue model is managed-services based: recurring management fees (quote-based and not publicly disclosed), a $50 per-applicant application fee, and occasional one-time lease fees (e.g., $480 at Pine Ridge Condos, $800 at 183 Laurel Drive). The firm is broker-owned by Tammy Dunnigan, with two named staff (Shannon Hawkins, Whitney Greene), an in-house maintenance crew, and stated headcount of 101-250. No external funding, acquisitions, patents, or awards are disclosed, and operations remain concentrated within a single metropolitan area.

Name

Advanced Realty Property Management

Legal name

Advanced Realty Property Management

Website

https://arpmr.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

101–250 employees

Short description

Advanced Realty Property Management is a privately held, full-service residential property management firm founded in 1995 in Boone, NC, managing rental properties and 18 HOAs for property owners in the greater Boone area.

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131), Services to Buildings and Dwellings (5617)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513), Services-To Dwellings & Other Buildings (7340)

akta.pro industry

PRIMARYBPAJAFAA

Multifamily Apartment Property Management

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

SECONDARYBPAJAFAH

HOA / Condominium Association Management

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

SECONDARYBPAJAHAB

Homeowners Association (HOA) Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/HOA/Condominium Association Management

SECONDARYBPAJAHAM

Association Maintenance, Vendor & Capital Project Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/HOA/Condominium Association Management

Keywords

• Residential property management
• HOA association management
• Rental listing services
• Tenant screening services
• Maintenance coordination services

Headquarters

HQ city

Boone

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Fees: Full-service property management fees covering tenant qualification, administration, maintenance, and collections. Property owners can choose between full-service program or single-issue marketing and management options. Fees are collected as part of the ongoing property management services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Advanced Realty Property Management provides full-service residential property management for apartment complexes, single-family homes, condominiums, and townhouses, along with HOA association management and online rental listing services. The company manages 18 HOA associations (including 2 timeshare properties) and offers owner services such as tenant qualification, administration, maintenance, collections, leasing, and single-issue marketing support. Tenants access rental listings, an online portal, and 24/7 maintenance request tools, while owners receive dedicated property managers handling day-to-day operations.

Product overview

Advanced Realty Property Management is a full-service property management company offering a comprehensive suite of services for residential and commercial property owners. The core offering consists of the Full Service Program, which bundles tenant qualification, administrative services, maintenance, and collections into a single management solution, alongside an optional single-issue marketing and management add-on for owners seeking à la carte services. The company also provides dedicated HOA Management Services for homeowners' associations, handling association coordination, facilities management, and financial services. Property rental listings are available through an online portal, with additional tenant-facing services including 24/7 online maintenance request submission and property alert notifications. The company has been operating since 1995, serving the Boone, NC area.

Differentiator

Problem solved

Functional benefit

Products and services

• Full Service Property Management Program
• Single-Issue Marketing and Management
• HOA Management Services
• Property Rental Listings

Quantifiable outcome

• 24/7 online scheduling increases showings by over 30%, lowering vacancy rates

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Real Property Management: Largest residential property management franchise in North America, offering full-service and à la carte management for single-family and small multifamily rental owners — directly comparable to ARPMR's service model and target customer (individual and small investor landlords).
• Renters Warehouse: Residential property management company focused on single-family and small multifamily rentals, offering tenant placement, management, and a la carte services — directly comparable in service menu and landlord customer base.

Broad incumbents

• Greystar Real Estate Partners: Largest multifamily property manager and operator globally, managing hundreds of thousands of apartment units; comparable on the multifamily management capability, though at vastly greater scale and with a national/institutional focus.
• FirstService Residential: One of the largest residential property and HOA management companies in North America; comparable on both residential rental and HOA management verticals, though operating at national scale with broad service capabilities.
• Asset Living: Large third-party multifamily and HOA property manager in the U.S., serving institutional and individual owners; comparable on the property management core offering, though operating across multiple regions and asset classes.

Regional players

• BlueRock Property Management: Regional residential and HOA property manager operating across the Carolinas and Southeast; comparable to ARPMR in service mix (residential + HOA) and in serving small/mid-market owners in secondary markets.
• York Properties: Long-standing property management and real estate firm in Raleigh, NC, offering residential, HOA, and commercial management; comparable service portfolio and Carolinas market presence, though based in a larger metro than Boone.
• Towne Properties: Regional residential and community/HOA management company operating primarily in the Midwest and Mid-Atlantic; comparable HOA management depth and owner-service model, though in different geographies.

Emerging players

• Doorvest: Tech-enabled residential property management startup focused on single-family rentals with remote/automated management; comparable landlord customer base, though differentiated by a technology-first and online-only model versus ARPMR's local service approach.

Others

• Buildium (by RealPage): Leading SaaS property management software platform used by many small and mid-sized residential property managers; not a direct competitor but represents the technology ecosystem that ARPMR's clients and competitors are adopting, and a potential substitute for parts of ARPMR's service stack.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Advanced Realty Property Management