Benedict Park Place

What Benedict Park Place does

Benedict Park Place is a single-asset, multi-phase apartment community located at 305 Park Ave West in the Uptown neighborhood of Denver, Colorado. It serves urban apartment renters seeking centrally located housing with walkability, transit access, and proximity to Downtown, Capitol Hill, and major Denver attractions. The community spans four development phases (Phase 1-4) offering a diversified floor-plan portfolio ranging from approximately 605 to 1,565+ square feet with studio-through-three-bedroom configurations; phase naming themes vary (European, Colorado mountains, urban). In-unit amenities include washer/dryer, dishwasher, chrome fixtures, walk-in closets, and select two-car attached garages; community amenities include a fitness center, gated covered parking, bike storage, BBQ/picnic area, city recycling, high-speed internet, and 24-hour availability. The community is pet-friendly and advertises a Walk Score of 94.

The underlying technology stack is entirely third-party SaaS: RentCafe (Yardi Systems) powers the property website, online lease applications, resident portal, and payment processing; Mapbox provides the interactive map with street and bird's-eye views; the Walk Score API supplies the walkability metric. No proprietary technology, AI/ML capabilities, mobile apps, or developer APIs are disclosed. The legal operating entity is Envolve Communities, LLC, a Delaware limited liability corporation headquartered in Tennessee, which owns and manages the property under its residential portfolio.

The business model is a direct-to-consumer apartment leasing operation with recurring monthly rent as the sole revenue stream. Pricing is not publicly disclosed ("call for pricing") and varies by floor plan, size, and availability, with possible convenience fees for online payments. Marketing and leasing are conducted via the property website, RentCafe listings, Google Maps integration, and an on-site leasing office reachable by phone and email (Monday-Friday, 8 AM to 5 PM). The company has 11-50 employees, is privately held, and operates exclusively in the Denver, USA market.

Name

Benedict Park Place

Legal name

Envolve Communities, LLC

Website

https://benedictparkplace.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Benedict Park Place is a multi-phase apartment community in Uptown Denver offering studio-through-three-bedroom units with modern amenities, managed by Envolve Communities, LLC. It serves urban residential renters seeking walkable, transit-accessible housing near Downtown Denver.

Ownership category

akta.pro rank

Product category

Residential Apartment Rentals

NAICS

Rental and Leasing Services (532)

SIC

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

akta.pro industry

PRIMARYBPAJAFAG

Manufactured Housing / Mobile Home Park Management

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

Keywords

• Residential apartment leasing
• Multi-family property management
• Urban apartment rentals
• Resident services
• Apartment community amenities

Headquarters

HQ city

Denver

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

Revenue model

1. Apartment Rent: Monthly rental income from residential apartment leases. Residents pay base monthly rent plus utilities and applicable fees (convenience fees for online payments, parking fees, pet fees potentially). Revenue is recurring on a monthly basis with standard apartment lease terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Benedict Park Place is a multi-phase residential apartment community in Uptown Denver offering apartment leasing across four development phases, with floor plans ranging from 605 to 1,565+ sq ft in 1- to 3-bedroom configurations. Residents receive monthly rental housing services alongside community amenities such as a fitness center, gated covered parking, a picnic area with community grill, high-speed internet, and pet-friendly accommodations. Property operations including leasing, payments, and service requests are delivered through the RentCafe platform under management of Envolve Communities, LLC.

Product overview

Benedict Park Place is a multi-phase apartment community located in the heart of Uptown, Denver, CO. The community offers a diverse portfolio of floor plans across four development phases, ranging from studios to 3-bedroom units spanning 605 to 1,565 square feet. Phase 1 features European-themed named floor plans, Phase 2 includes multi-building configurations, Phase 3 offers Colorado mountain-inspired designs, and Phase 4 provides urban-style residences with accessibility options. Residents have access to community amenities including a fitness center, gated parking, and BBQ areas, as well as apartment features such as in-unit washer/dryer, chrome fixtures, and city/mountain views. The community is pet-friendly and located near Light Rail transit, I-25, and I-70.

Differentiator

Problem solved

Functional benefit

Products and services

• Phase 1 European-themed Floor Plans Named floor plans including The Bellagio (3 bed/2 bath, 1,100 sq ft), The Triton (1 bed/1 bath, 685 sq ft), The Peterhof (605 sq ft), The Trafalgar Square (2 bed, 835 sq ft), The Trevi (895 sq ft), The Swann (845 sq ft), The Wallace (635 sq ft), and Unit 9B (765 sq ft) for residential renters.
• Phase 2 Multi-building Floor Plans Floor plans in Buildings 1-4 with unit configurations ranging from 707 sq ft to 1,565 sq ft, including Unit 1A through 1H, Unit 2A through 2E, Unit 3A through 3C, and Unit 4B-4C.
• Phase 3 Colorado Mountain-themed Floor Plans Colorado mountain-inspired floor plans named after peaks including Antero, Blanca, Crestone, Elbert, El Diente, Handies, Humboldt, Pikes Peak, Princeton, Pyramid, Redcloud, Shavano, and Sunshine, ranging from 708 to 1,405 sq ft.
• Phase 4 Urban-style Residences Urban-style residences including Corner Flats, Park Avenue Flats, Park Terrace Residences, Urban Flats, Urban Flex Residences, and Uptown Row Homes with various accessibility options.
• Community Amenities Package Shared community features including a state-of-the-art fitness center, gated and covered parking, picnic area with community grill, city recycling, bike storage, high-speed internet, and 24-hour availability for residents.
• Pet-Friendly Housing Apartment homes accepting pets in the Uptown Denver community, providing pet-friendly rental housing for residents with companion animals.

Segments1 record

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

One partnership is on record.

• Envolve Communities LLCprimaryOthersBenedict Park Place is owned and managed by Envolve Communities LLC, a Delaware limited liability corporation with headquarters in Tennessee. Envolve Communities manages the property website, resident services, and leasing operations. The company is committed to accessibility, diversity and inclusion per their website accessibility statement.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Direct peers

• Asset Living: One of the largest third-party multifamily property managers in the U.S., managing ~300,000 units across conventional and affordable apartments. Comparable to Benedict Park Place's third-party management structure under Envolve.
• AvalonBay Communities: Multifamily REIT (~90,000 units) operating urban, suburban, and transit-oriented apartment communities in high-growth markets. Comparable to Benedict Park Place's transit-oriented, amenity-rich urban positioning.
• Equity Residential: Multifamily REIT (~80,000 units) focused on urban and high-density suburban apartment communities in gateway markets. Comparable to Benedict Park Place's urban, walkable, transit-adjacent positioning.
• UDR, Inc. Diversified multifamily REIT (~58,000 units) operating Class A apartments across West Coast, Northeast, and select Sunbelt markets. Comparable operating model to Benedict Park Place's amenitized urban rental product.
• Essex Property Trust: West Coast-focused multifamily REIT (~62,000 units) operating Class A urban apartment communities in California and Seattle. Comparable to Benedict Park Place in urban infill, amenitized, walkable apartment operations.
• Mission Rock Residential: National third-party multifamily property manager operating ~165,000 units, including urban Class A communities. Comparable to Benedict Park Place as a third-party manager deploying standardized tech stacks like Yardi/RentCafe.
• Camden Property Trust: Multifamily REIT (~58,000 units) operating Class A garden-style and mid-rise apartment communities with similar amenitized, recurring-rent business model to Benedict Park Place.

Emerging players

• RangeWater Real Estate: Growing Sunbelt-focused multifamily owner/operator (~35,000 units). Comparable as an institutional-style multifamily operator using Yardi-based property management for amenitized urban/suburban rental communities.

Broad incumbents

• Greystar Real Estate Partners: Largest apartment operator and property manager in the U.S., managing over 800,000 units. Directly comparable as a third-party residential property manager leveraging standardized operating platforms (similar Yardi/RentCafe usage) across a national portfolio.
• Lincoln Property Company: National multifamily owner/manager operating ~200,000 units across the U.S. Comparable as a vertically integrated residential property manager with urban Class A garden-style and mid-rise apartment communities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/benedictparkplace

Revenue estimate

Valuation estimate

Number of profiles

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 Benedict Park Place