William Bell Apartments

What William Bell Apartments does

William Bell Apartments is an affordable apartment community located at 1700 65th Avenue in Gulfport, Mississippi, owned and operated by Envolve Communities LLC, a Delaware-incorporated vertically integrated multifamily real estate company. The property offers four floor plan configurations—a one-bedroom unit of 503 sq ft, two-bedroom units of 684 sq ft and 724 sq ft, and a three-bedroom unit of 834 sq ft—with monthly rents that are not publicly disclosed. The property appears to participate in HUD affordable housing programs based on the publication of HUD brochures and a Tenant Selection Plan on its website, and complies with VAWA occupancy rights documentation.

Operations are supported by the RentCafe (Yardi Systems) property management platform, which provides a resident portal for online lease signing, maintenance requests, and rent/utilities payments. In-unit amenities include new black energy-efficient appliances, faux wood plank flooring, ceiling fans, wall closets, frost-free refrigerators, double stainless steel sinks, and high-speed internet-ready wiring. Community amenities include a playground, laundry facilities, planned resident events, 24-hour emergency maintenance, and bundled water, sewer, and trash removal. The property is handicap accessible across units and common areas.

The business model is recurring monthly rental income targeting affordable housing seekers—individuals and families in the Gulfport, MS area seeking quality rental accommodation at accessible price points. Acquisition channels consist of a dedicated property website, phone inquiries, the RentCafe online leasing portal, social media, and email/text opt-in communications. Tenant enrichment is supplemented through parent-company-sponsored programs: the Envolve Resident Lunch Program (quarterly community lunches), Envolve Wellness Program (weekly personal trainer tips), and the Get Envolved Foundation, which provides grants to organizations serving residents and their communities.

Name

William Bell Apartments

Legal name

Envolve Communities LLC

Website

https://williambellapartments.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Affordable Residential Rental Housing

NAICS

Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

Keywords

• Affordable apartment rentals
• Residential multifamily housing
• Apartment leasing services
• Affordable housing community
• Multifamily property management

Headquarters

HQ city

Gulfport

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Monthly Rental Income: Revenue is generated through monthly rental payments from tenants occupying 1-bedroom, 2-bedroom, and 3-bedroom apartment units. Tenants pay rent on a recurring monthly basis.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

William Bell Apartments is an affordable residential apartment community in Gulfport, Mississippi, that rents 1-bedroom, 2-bedroom, and 3-bedroom apartment units on a recurring monthly basis. The offering bundles apartment units (503–834 sq ft) with included utilities (water, sewer, trash), in-unit amenities (energy-efficient appliances, faux wood plank flooring, ceiling fans, high-speed internet readiness), and community amenities (playground, laundry facilities, 24-hour emergency maintenance) under management by Envolve Communities LLC.

Product overview

William Bell Apartments is an affordable apartment community in Gulfport, MS, offering four distinct floor plans ranging from 503 to 834 square feet (1BR, 2BR standard, 2BR large, and 3BR units). The property provides a bundled product combining apartment units with community amenities (online bill pay, playground, laundry facilities, 24-hour maintenance) and in-unit amenities (energy-efficient appliances, faux wood flooring, ceiling fans, internet-ready infrastructure). The resident experience is supported by a RentCafe-powered portal for lease signing, maintenance requests, and payments. Additionally, parent company Envolve LLC offers resident enrichment programs including the quarterly Resident Lunch Program, weekly Wellness Program, and the Get Envolved Foundation community support initiative.

Differentiator

Problem solved

Functional benefit

Products and services

• 1BR, 1 Bath Floor Plan (503 sq ft) One-bedroom, one-bathroom apartment unit with 503 square feet, featuring new black energy-efficient appliances, faux wood plank floors, carpet, ceiling fans, and high-speed internet readiness. Available for monthly rental to individuals and small households.
• 2BR, 1 Bath Floor Plan (684 sq ft) Two-bedroom, one-bathroom apartment unit with 684 square feet, featuring new black appliances and faux wood plank flooring along with the property's standard amenity package.
• 2BR, 1 Bath Large Floor Plan (724 sq ft) Larger two-bedroom, one-bathroom apartment unit with 724 square feet, providing additional living space while maintaining the property's standard amenity package.
• 3BR, 1 Bath Floor Plan (834 sq ft) Three-bedroom, one-bathroom apartment unit with 834 square feet, the largest floor plan available, suitable for families with access to all community amenities.
• Resident Portal (RentCafe)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Envolve LLCcoreOthersWilliam Bell Apartments is proudly owned and managed by Envolve LLC, a vertically integrated multifamily real estate company. Envolve manages the property and is committed to 'Making Communities Better Together.' The company has approximately 1,000 employees and focuses on community involvement through three key programs: The Envolve Resident Lunch Program, Envolve Wellness Program, and The Get Envolved Foundation.
• RentCafe (Yardi Systems, Inc.)coreTechnology or IntegrationRentCafe provides the property website platform and resident portal for William Bell Apartments. Residents can sign leases, submit maintenance requests, and make payments through the RentCafe portal. The platform also enables online leasing for prospective tenants.
• Personal Trainer (Envolve Wellness Program)minorStrategic or Co-development PartnerEnvolve has partnered with a personal trainer to provide weekly wellness tips to residents and team members through the Envolve Wellness Program. Tips may include physical workouts, healthy recipes, and motivational messages.
• Get Envolved FoundationminorOthersThe Get Envolved Foundation makes donations and grants to organizations that actively work to improve the lives of residents and the communities in which they live.

Scale indicators1 record

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Centerspace: Multifamily REIT operating Sun Belt and Midwest garden-style apartment communities with a similar middle-income tenant base. Comparable on property type, unit mix, and operating approach.
• Mid-America Apartment Communities (MAA): Largest Sun Belt-focused multifamily REIT with garden-style apartment communities. Relevant as a broad incumbent comparable on property type and geography overlap in the broader Gulf South region.
• Veris Residential: Multifamily REIT operating Class A and garden-style apartment communities. Broader peer; comparable on multifamily operating model and resident services orientation.
• Elme Communities: Multifamily REIT focused on necessity-based affordable and workforce housing across the U.S. Operates a much larger portfolio but targets the same value-segment renter, making it a comparable for revenue model, GTM motion, and unit positioning.
• NexPoint Residential Trust: Multifamily REIT with a concentration of Sun Belt value-add properties. Comparable in target renter (middle-income workforce), unit size profile, and operator-driven value-add strategy.
• Apartment Investment and Management Company (Aimco): Large diversified multifamily owner/operator with value-add and conventional apartment communities. Comparable as a broad multifamily incumbent, though at materially larger scale and higher price points than William Bell.
• Independence Realty Trust: Sun Belt-focused multifamily REIT that owns and operates garden-style apartment communities similar in configuration to William Bell. Relevant for comparable NOI drivers, asset size, and renter demographic in value-priced markets.

Direct peers

• WinnCompanies: Private owner/manager of affordable, workforce, and market-rate multifamily housing with significant HUD/LIHTC exposure. Closely comparable on tenant subsidy reliance, property-level operations, and community programming model.
• The Michaels Organization: Private vertically integrated affordable and workforce housing owner/manager. Directly comparable as an affordable-housing operating platform with LIHTC/HUD program participation and a similar resident-services orientation.

Others

• Yardi Systems: Property management software vendor whose RentCafe platform powers William Bell's resident portal, online leasing, and payments. Relevant ecosystem peer for technology stack, operational tooling, and resident-experience benchmarks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/williambellapartments
• LinkedInlinkedin.com/company/william-bell-apartments

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 William Bell Apartments