Patmon Company

What Patmon Company does

Patmon Company Inc. (PCI) is a Stockton, California-based property management and development firm founded in 1965 by Charles G. Patmon III, a lifelong Stockton resident who began his construction career while attending the University of the Pacific. The company operates as a single unified property management business serving residential renters in the Stockton, California market. Its portfolio consists of 13 multi-family apartment communities — Iron Horse, Country Club Village, Parkside, Schooner Landing, Harbor Isle, Quailwood, Abbey Pointe, Ashley Park, Sorrento, Westpointe, Bridle Path Place, Torcello, and StoneBrier — each operating under the Patmon Communities brand with dedicated property websites, on-site management offices, and direct telephone leasing channels. Core services include rent collection, property maintenance, tenant services, and property administration across the portfolio, with StoneBrier additionally featuring The Kitchen @ StoneBrier on-site restaurant.

The business model is recurring residential rental revenue: Patmon Company generates income through property management fees and rental income from its 13 Stockton apartment properties, with prospective and existing tenants interacting via property-specific websites and on-site offices rather than through a proprietary technology platform. The company has no disclosed SaaS offering, API, mobile application, or third-party integrations; distribution is direct-to-consumer via on-site property offices and a corporate headquarters at 4780 West Lane Suite A, Stockton. Ownership remains with the founder, with no disclosed institutional investors, parent company, or funding rounds. Headcount is reported at 1-10 employees, reflecting a lean corporate structure, and the company markets itself on its 55+ years of local operating history, founder expertise, and concentrated Stockton sub-market presence.

Name

Patmon Company

Legal name

Patmon Company Inc.

Website

https://patmon.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

1–10 employees

Short description

Patmon Company Inc. is a Stockton, California property management and development firm operating 13 multi-family apartment communities. Founded in 1965 by Charles G. Patmon III, the founder-owned company provides residential rental housing and on-site amenities to local renters.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockton

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales

Revenue model

1. Property Management Services: The company generates revenue through property management fees and rental income from its portfolio of residential apartment properties in Stockton, California. Services include tenant rent collection, property maintenance, and property administration across 13 managed communities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Patmon Company Inc. is a property management and development firm that owns and operates 13 multi-family apartment properties across Stockton, California. The company provides residential rental housing with on-site property management services including rent collection, property maintenance, and tenant administration across its Patmon Communities portfolio.

Product overview

Patmon Company Inc. (PCI) is a property management and development firm operating as a single unified offering focused on residential multi-family apartment communities. The portfolio consists of 13 named apartment properties across Stockton, California — Iron Horse, Country Club Village, Parkside, Schooner Landing, Harbor Isle, Quailwood, Abbey Pointe, Ashley Park, Sorrento, Westpointe, Bridle Path Place, Torcello, and StoneBrier — all managed under the Patmon Communities brand. Core services include property management, rent payment processing, and tenant services, with StoneBrier also featuring an on-site restaurant, The Kitchen @ StoneBrier. The company does not offer a technology platform, API, or SaaS product — it is a traditional real estate/property management services business.

Differentiator

Problem solved

Functional benefit

Brands

• Patmon Communities: Residential community brand under Patmon Company Inc.

Products and services

• Iron Horse Multi-family apartment property located at 2501 Country Club Blvd., Stockton, CA 95204, offering residential rentals.
• Country Club Village Multi-family apartment property located at 2733 Country Club Blvd., Stockton, CA 95204, providing residential rental units.
• Parkside Multi-family apartment property located at 3280 Blue Ridge Circle, Stockton, CA 95219, offering residential rentals.
• Harbor Isle Multi-family apartment property located at 8429 Mariners Drive, Stockton, CA, providing residential rental units.
• Quailwood Multi-family apartment property located at 4926 Grouse Run Drive, Stockton, CA 95207, offering residential rentals.
• Abbey Pointe Multi-family apartment property located at 1640 Tyrol Lane, Stockton, CA, offering residential rental units.
• Ashley Park Multi-family apartment property located at 6233 N. Pershing Ave., Stockton, CA, providing residential rental units.
• Sorrento Multi-family apartment property located at 1011 Rosemarie Lane, Stockton, CA, offering residential rentals.
• Westpointe Multi-family apartment property located at 6455 West Lane, Stockton, CA, providing residential rental units.
• Bridle Path Place Multi-family apartment property located at 1619 Bridle Path, Stockton, CA, offering residential rentals.
• Torcello Multi-family apartment property located at 1633 E. Bianchi Road, Stockton, CA, providing residential rental units.
• StoneBrier Multi-family apartment property located at 4770 West Lane, Stockton, CA, offering residential rentals and amenities including The Kitchen @ StoneBrier restaurant.
• Schooner Landing Multi-family apartment property located at 7100 Shoreline Drive, Stockton, CA, offering residential rentals.
• The Kitchen @ StoneBrier Local restaurant operated by Patmon Company at the StoneBrier property, located on Bianchi and West Lane in Stockton, CA.
• Property Management Services Core property management and development services including rent collection, property maintenance, and tenant services across all managed apartment communities in Stockton, California.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• FPIminorOthers · 1 January 2018FPI (appears to be Fairfield Property Inspections based on logo context) is identified as a 'Proud Partners with' relationship. The nature of the partnership is not explicitly detailed in available materials but appears to relate to property inspection or related real estate services.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Veris Residential: Multifamily REIT focused on the Northeast U.S., owning, operating, and managing Class A apartment communities. Comparable to Patmon as a multifamily owner-operator, but operates in a different geography at REIT scale.

Direct peers

• Asset Living: Major third-party multifamily property manager with a large portfolio across multiple U.S. metros. Comparable to Patmon in offering full-service residential rental management, but operates at institutional scale rather than as an owner-operator in a single market.

Broad incumbents

• AvalonBay Communities: Large-cap multifamily REIT owning and operating Class A apartment communities across high-growth U.S. markets. Comparable to Patmon in core business of owning/operating residential apartments, but at national scale with publicly traded equity.
• Greystar Real Estate Partners: Largest multifamily property management and development firm in the U.S., operating and investing across rental housing. Greystar is comparable to Patmon as a multi-family manager/developer, but operates at vastly greater scale and geographic breadth.
• Camden Property Trust: Multifamily REIT that owns, develops, and manages apartment communities across the Sun Belt and select Western markets. Comparable to Patmon in apartment ownership and management model, but with a geographically diversified, institutional-grade portfolio.
• Equity Residential: Large multifamily REIT owning and operating high-quality apartment properties in gateway U.S. cities. Comparable as an apartment owner-operator, though operating in coastal urban markets rather than Central Valley California.
• Mid-America Apartment Communities: Multifamily REIT focused on the Sun Belt, owning and operating garden-style apartment communities. Shares Patmon's owner-operator multifamily model, but is institutionally capitalized and geographically diversified.
• UDR, Inc. Diversified multifamily REIT with a national portfolio of owned and managed apartment communities. Shares the apartment ownership and management model with Patmon, but operates at institutional scale across multiple U.S. markets.
• Essex Property Trust: West Coast multifamily REIT focused on California and the Pacific Northwest, owning and operating apartment communities. Directly comparable to Patmon's apartment ownership and management model in Northern California, though at REIT scale with public-market capital.

Emerging players

• RPM Living: Multifamily property management firm with a growing national footprint, providing third-party management services. Comparable to Patmon in offering residential rental management services, but operates as a third-party manager rather than owner-operator.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Patmon Company