MHM Properties

Name

MHM Properties

Legal name

MHM Properties and Management

Website

https://mhmproperties.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Student Housing / Residential Property Management

NAICS

Lessors of Residential Buildings and Dwellings (53111)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Student Housing Roommate Matching, Assignments & Occupancy Management (BPAJAJAJ)

akta.pro secondary industries

University Dorms & Affiliated Summer Housing (THAMAGAA), Co-Living / Hybrid Extended-Stay Residences (THAGAEAK), Extended-Stay Brand Residences (Managed Residences) (THAGAEAM)

Keywords

• Student housing rentals
• Furnished apartments
• Property management services
• Residential leasing
• Off-campus housing

Headquarters

HQ city

Champaign

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Leasing: Monthly rental income from furnished apartments, houses, and condos near UIUC campus. Pricing ranges from $350-$915+ per person per month depending on unit type, location, and amenities. Revenue is recurring on 8-11 month lease terms.
2. Parking Services: Monthly parking fees ranging from $35/month for covered/uncovered spaces to $50/month for underground garage spots
3. Resident Referral Program: $50 referral bonus paid to existing tenants for each friend who signs a lease

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

MHM Properties provides furnished student apartment, house, condo, and loft rentals within walking distance of the University of Illinois Urbana-Champaign (UIUC) campus. The company manages 20+ residential properties offering 1-4 bedroom units, 8-9 person group homes, and loft-style apartments on 8 or 11-month lease terms. Core services include online leasing, virtual tours, roommate matching, parking, and 24-hour maintenance response.

Product overview

MHM Properties is a student housing property management company providing luxury and affordable furnished apartments near the University of Illinois Urbana-Champaign campus. The portfolio includes studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom units across multiple properties, with offerings ranging from standard apartments to loft-style units and large group homes. Core products include student apartment rentals, houses & condos, and loft apartments. Add-on services include roommate matching, parking, sublet/semester leases, and the Gold VIP discount program. The company has been serving the UIUC community for over 25 years with properties located in the heart of campus within walking distance of university buildings.

Differentiator

Problem solved

Functional benefit

Products and services

• Student Apartment Rentals Furnished 1-4 bedroom apartment rentals for UIUC students featuring in-unit washer/dryer, free high-speed fiber internet, secure entry, central A/C, and modern furnishings, available on 8 or 11-month lease terms.
• Houses and Condos Large group homes and condo units housing 8-9 people, featuring formal living and dining rooms, full-size kitchens, multiple bathrooms, laundry rooms, and basements.
• Loft Apartments Specialized loft-style apartments featuring cathedral ceilings, skylights, and expanded living spaces, with the 314 E. Clark Street 3 Bed/2 Bath Flat priced at $915 per person per month.
• Roommate Matching Service that matches prospective tenants with compatible roommates, allowing individuals to secure a private bedroom in shared apartments at locations like 303 S. Fifth St. and 606 E. White St.
• Parking Services Covered and uncovered parking spaces available at $35/month, with underground garage spaces at $50/month, on 8 or 11-month lease options.
• Sublet and Semester Leases Flexible leasing options allowing current residents to sublease their apartments and prospective tenants to find short-term housing arrangements during academic breaks or summer months.
• Gold VIP Program Resident benefits program offering exclusive discounts at partner restaurants and businesses, including 15% off at Midas auto care and 5% off at Lao Sze Chuan restaurant for tenants presenting the MHM Gold VIP card.

Quantifiable outcome

• 24-hour service response guaranteed
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• FACES Consulting GroupcoreStrategic or Co-development Partner · 1 November 2018MHM Properties collaborated with FACES Consulting, the first international student consulting organization at UIUC. Students worked with Marketing Manager Sam Lee to expand MHM's brand. The partnership provides student consultants real estate business insights and student housing experience knowledge. Weekly meetings discuss student housing challenges and solutions.
• MidasminorGTM or Marketing Partner · 1 September 2018Auto care partnership offering MHM tenants 15% off services when showing MHM Gold VIP card. Midas provides complete auto care including oil changes, tires, brakes, and general vehicle maintenance.
• Lao Sze ChuanminorGTM or Marketing Partner · 1 August 2018Restaurant partnership at 608 E. University Ave #105, Champaign. Lao Sze Chuan is an acclaimed Sichuan restaurant recognized by Chicago Tribune as 'One of the Best' and rated among Top Ten Chinese Restaurants in the U.S. MHM tenants receive 5% discount with Gold VIP card.

Scale indicators2 records

Recent moves6 records

Emerging players

• Uhouzz (Uhomes): International student housing marketplace already used by MHM for listing distribution. Competes indirectly for the same international-student tenant, particularly those searching from abroad before arriving at UIUC.
• Awehome.com: International student housing platform serving Chinese and Asian outbound students. Listed as a partner distribution channel for MHM and competes for the same cross-border student renter audience.

Direct peers

• Place Properties: Regional student housing developer and operator active in the Midwest. Directly comparable service mix (student-oriented leasing, furnished units, roommate matching) and competes in similar price tiers near universities.
• 5800 Properties: Local Champaign student housing property manager offering furnished apartments to UIUC students. Operates in the exact same submarket with a similar price tiering and service model, making it the most direct competitor for MHM's tenant base.

Broad incumbents

• American Campus Communities: Public student housing REIT and operator of on- and off-campus student communities. Comparable in offering furnished student beds around major universities, with a much larger balance sheet and national footprint.
• Campus Advantage: Student housing management and consulting firm operating third-party managed student communities across the U.S. Overlaps with MHM on leasing/operations of student apartments near universities.
• Greystar Real Estate Partners: Largest U.S. multifamily and student housing operator with deep experience in purpose-built student housing. Competes with MHM for UIUC-area beds but at a national portfolio scale and with newer amenitized product.
• The Cardinal Group: Real estate investment and management firm with a student housing vertical that operates communities near major universities. Similar leasing/operational playbook but at portfolio scale beyond MHM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mhm_properties
• YouTubeyoutube.com/channel/UCyVStIHEJzLLkwj4alKYrTw
• Facebookfacebook.com/MHMPropertiesUIUC
• Instagraminstagram.com/mhmpropertiesuiuc
• LinkedInlinkedin.com/company/mhm-properties

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 MHM Properties