Crimson Properties

What Crimson Properties does

Crimson Properties LLC is a privately held, owner-operated residential property management company headquartered in Pullman, Washington. The company rents 1-bedroom through 6-bedroom residential units primarily to Washington State University (WSU) students, with a portfolio concentrated on College Hill and throughout the broader Pullman market. The business is owned and operated by Tom Weaver and operates as a self-funded small business with no institutional investment, no parent company, and no subsidiaries.

The company's product portfolio spans single-bedroom apartments through six-bedroom houses, marketed under a per-bedroom pricing model — a disclosed rate of $695 per bedroom or $3,475 per month is listed for a 5-bedroom property at 980 NE C St, while most other units are quoted on a "call for pricing" basis. Amenities vary by property and commonly include dishwashers, washer/dryer units, covered parking, fenced yards, and bundled utilities such as water, sewer, garbage, and hot water. The company also operates tenant application intake (via email attachment) and a maintenance request workflow through its website. Properties are positioned as Cougar Choice-approved off-campus housing for WSU students.

Crimson Properties uses a direct-to-consumer go-to-market motion with no third-party listing platforms or property management intermediaries. Tenant acquisition occurs through the company website (crimsonproperties.net), phone/text contact (509-432-9089), email ([email protected]), and a Facebook page. The company holds no patents, trademarks, or proprietary technology; it is described in the source material as a traditional residential property management operation without proprietary platforms. Operationally, the firm runs on an 11–50 employee footprint and serves a single geographic market — Pullman, WA — with no disclosed expansion plans or external capital.

Name

Crimson Properties

Legal name

Crimson Properties LLC

Website

https://crimsonproperties.net

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Crimson Properties LLC is an owner-operated residential property management company in Pullman, WA that rents 1- to 6-bedroom units primarily to Washington State University students, using a direct-to-tenant model without third-party listing platforms or proprietary technology.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Student Housing Property Management (BPAJAFAF)

akta.pro secondary industry

Off-Campus Student Rentals (Scattered-Site/Single-Family) Management (BPAJAJAC)

Keywords

• Residential property management
• Student housing rentals
• Apartment leasing services
• Off-campus student housing
• Multi-unit rental management

Headquarters

HQ city

Pullman

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Residential Property Rental: Monthly rental income from residential properties. Pricing is per-bedroom or per-unit. Most properties charge 'Call for Pricing' with one disclosed rate of $695 per bedroom or $3,475 per month for a 5-bedroom house.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Crimson Properties LLC manages and leases a portfolio of 1- to 6-bedroom residential rental units in Pullman, WA, primarily serving Washington State University students. The company handles tenant applications, lease execution, and maintenance requests directly as the property owner, offering amenities such as washers/dryers, dishwashers, covered parking, and partially included utilities. Operations are run owner-direct without third-party listing platforms or external property managers.

Product overview

Crimson Properties is a traditional property management company offering a portfolio of student rental housing near Washington State University in Pullman, WA. The company provides a range of rental units from 1-bedroom to 6-bedroom apartments and houses across multiple properties, primarily located on College Hill and throughout Pullman. Their product portfolio includes individual bedroom rentals in shared units as well as entire house rentals, with amenities such as dishwashers, washer/dryer units, parking, and utilities included. The company operates through direct property management, offering tenant application and maintenance request services through their website. Crimson Properties positions itself as a student-focused housing provider with properties approved for Cougar Choice housing, targeting Washington State University students seeking off-campus accommodations.

Differentiator

Problem solved

Functional benefit

Products and services

• 1-Bedroom Apartment Rentals One-bedroom rental units offering individual living spaces for single tenants or couples, with amenities such as dishwashers, on-site laundry, and utilities included.
• 2-Bedroom Apartment Rentals Two-bedroom rental units suitable for small groups or families, featuring washer/dryer, air conditioning, covered parking, and utilities included.
• 3-Bedroom Apartment Rentals Three-bedroom rental units for students or families transitioning from dorms, featuring dishwashers, fireplaces, fenced yards, and granite countertops.
• 4-Bedroom Apartment Rentals Four-bedroom rental units designed for student groups, offering spacious living areas, multiple bathrooms, garages, and proximity to WSU campus.
• 5-Bedroom Apartment Rentals Five-bedroom rental houses for large student groups, featuring multiple bathrooms, dual kitchens, living rooms, and washer/dryer facilities; one disclosed rate of $3,475 per month.
• 6-Bedroom Apartment Rentals Six-bedroom rental houses for large student groups, offering multiple bathrooms, dual kitchens, covered patios, and extensive parking near campus.
• College Hill Properties Rental properties on College Hill in Pullman, offering walking distance to Washington State University campus, the Chinook Student Center, and campus gyms. Approved for WSU's Cougar Choice housing program.
• Tenant Application Services Rental application process allowing prospective tenants to apply via email for available properties.
• Maintenance Request Services Maintenance request submission system allowing tenants to report issues and request repairs, with options to specify entry permission preferences.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Direct peers

• Cardinal Group Companies: Cardinal Group is a student-housing and multifamily operator managing communities near multiple universities. It provides an institutional alternative to small owner-operators like Crimson in the student-housing niche.
• Pillar Properties: Pillar Properties is a student-housing operator with an active presence in Pullman, WA near WSU, offering off-campus rentals to the same target customer (WSU students) with a comparable scattered-site portfolio model.
• Asset Campus Housing: Asset Campus Housing is a third-party student-housing management firm managing off-campus communities near universities. It competes for the same property-management contracts and student-renter demand that Crimson serves directly.
• Campus Apartments: Campus Apartments is a student-housing owner, developer, and manager operating off-campus communities near major universities, offering apartments and townhomes targeting the same student demographic as Crimson.
• The Scion Group: The Scion Group is a student-housing owner, developer, and operator focused on off-campus properties near major universities. They serve the same student renter segment with similar apartment-style and scattered-site product offerings.

Broad incumbents

• Weidner Apartment Homes: Weidner Apartment Homes is a large multifamily operator with student-housing exposure near universities. It competes for the same student-tenant demand but at institutional scale and with broader geographic diversification than Crimson.
• Greystar Real Estate Partners: Greystar is the largest multifamily and student-housing operator in the U.S., managing student properties at scale through its EdR acquisition. It is the dominant institutional competitor in the broader student-housing space where Crimson operates.
• American Campus Communities: American Campus Communities is one of the largest publicly-traded student-housing REITs, owning and managing purpose-built student housing near universities across the U.S. It represents the institutional benchmark for Crimson's category.

Regional players

• Capstone Properties: Capstone Properties is a Pacific Northwest student-housing provider with communities in college towns across the region. Its regional focus and off-campus apartment model overlap with Crimson's approach but in different metros.
• Hilltop Property Management: Hilltop Property Management is a small-scale residential property manager operating in college-town markets in the Pacific Northwest, with comparable owner-operated service and per-unit rental operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Crimson-Properties-104206194458632

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 Crimson Properties