V2 Properties
V2 Properties is a residential property management firm serving property owners and tenants in Oregon's East Portland metro. Acquired by Evergreen Property Management, it runs owner and tenant portals via AppFolio and earns recurring management fees plus $65 per-applicant screening fees.
- Company typePrivate
- Founded2012
- HeadquartersHappy Valley, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What V2 Properties does
V2 Properties is a residential property management firm serving property owners/investors and tenants in the East Portland metropolitan area of Oregon. Following its acquisition by Evergreen Property Management, Inc. (founded 2012, headquartered at 105 W Historic Columbia River Hwy, Troutdale, OR), the V2 Properties brand has been retained as a wholly-owned subsidiary and operates alongside the parent Evergreen brand, with all existing contracts, lease terms (rent due on the 1st, late on the 5th), and services preserved.
The company's product surface is built on the AppFolio property management platform, exposing an online Owner Portal for statements, transactions, documents, and inspection reports, and an online Tenant Portal for rent payment and maintenance requests, supported by a 24/7 emergency maintenance contact center. Resident-facing services also include professional photography, virtual video tours, self-service and agent-led showings, and biannual property inspections. The owner-facing proposition emphasizes licensing-driven expertise in Oregon landlord-tenant law, fair housing compliance, fiduciary duty, and integrated marketing, leasing, tenant screening, maintenance, and financial reporting.
Revenue mechanics rely on recurring property management fees (percentage of rental income or flat-fee structures, not publicly disclosed) supplemented by a $65 non-refundable per-applicant application screening fee paid to third-party screening providers. Go-to-market is direct-to-consumer within a defined East County footprint (Troutdale, Gresham, Sandy, Fairview, Happy Valley, Damascus, Estacada, Canby, Wilsonville, Milwaukie), driven by the company website, property listing platforms, an agent referral pipeline, and word-of-mouth from owners and tenants. The firm reports 1-10 employees and no external funding, operating as a privately held SMB.
V2 Properties firmographics
Firmographics- Name
- V2 Properties
- Legal name
- Evergreen Property Management, Inc.
- Website
- https://evergreenpropertymgmt.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- V2 Properties is a residential property management firm serving property owners and tenants in Oregon's East Portland metro. Acquired by Evergreen Property Management, it runs owner and tenant portals via AppFolio and earns recurring management fees plus $65 per-applicant screening fees.
- Ownership category
- akta.pro rank
V2 Properties industry classification
Industry- Product category
- Residential Property Management
- NAICS
- Residential Property Managers (531311)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Single-Family Rental (SFR) Property Management (BPAJAFAB)
Keywords
Where V2 Properties is headquartered
LocationHeadquarters
- HQ city
- Happy Valley
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
V2 Properties business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Property Management Services: Ongoing property management services for residential investment properties, likely charging a percentage of rental income or flat fees for services including tenant placement, rent collection, and maintenance oversight
- Application Screening Fees: Non-refundable application fee charged to prospective tenants for screening services conducted by third-party providers
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard application fee for all applicants |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
V2 Properties product offering
Product offeringCore offering
V2 Properties provides full-service residential property management for owners of single-family rentals, multiplexes, and apartment buildings in the East Portland, Oregon metro area. Services encompass strategic marketing and leasing, thorough tenant screening, rent collection via an online tenant portal, 24/7 emergency maintenance coordination, biannual property inspections, and monthly/annual financial reporting for owners through a dedicated online owner portal.
Product overview
V2 Properties was a property management company that has been acquired by Evergreen Property Management. The company offered a unified property management platform consisting of resident services (tenant portal, rent payment, maintenance requests) and owner services (portfolio management, owner statements). Following the acquisition, all contracts, services, and pricing remained the same, with rent due on the 1st and late on the 5th of the month. The company operated primarily in the Portland, Oregon area serving East County communities.
Differentiator
Problem solved
Functional benefit
Products and services
- V2 Properties Resident Services Residential property management services for tenants, including online rent payment via the tenant portal, maintenance request submission, and 24/7 emergency maintenance support for individuals and families leasing homes managed by V2 Properties in the East Portland, Oregon metro area.
- V2 Properties Owner Services Full-service investment property portfolio management for residential property owners, including owner portal access, monthly and annual financial statements, transaction and document access, biannual property inspections, marketing, tenant screening, leasing, rent collection, and maintenance coordination across single-family rentals, multiplexes, and small apartment buildings in Oregon.
Companies that use V2 Properties
Customer profileSegments2 records
Ideal customer profiles2 records
V2 Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
V2 Properties partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- V2 PropertiescoreV2 Properties was acquired by Evergreen Property Management. All existing contracts, services, and terms remain unchanged. Owner portfolios continue under the same terms with rent due on the 1st and late on the 5th. The acquisition expands Evergreen's property management footprint in the Portland metro area.
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
V2 Properties competitors and assessment
Company assessmentEmerging players
- DoorLoop: DoorLoop is a newer, fast-growing cloud PM platform targeting small-to-mid residential managers with tenant/owner portals, accounting, and maintenance workflows. It is an emerging substitute to AppFolio for firms like Evergreen, signaling potential platform-switch pressure.
Broad incumbents
- RPM Living: National full-service residential property manager covering single-family rentals and multifamily. Highly comparable business model (owner portal, tenant portal, maintenance, accounting) with nationwide reach that competes for institutional landlord accounts.
- FirstService Residential: North America's largest residential property manager, primarily for associations and high-rise, but adjacent in full-service single-family and rental management. Provides a national benchmark for portal, owner reporting, and resident experience workflows.
- BH Management Services: Large national residential property manager operating across multifamily, build-to-rent, and single-family rentals. It overlaps with Evergreen's landlord-client value proposition in the SFR/BTR segment and competes on scale, technology, and resident services.
- Greystar: Greystar is the largest US multifamily and student housing operator, with extensive conventional and SFR property management services. It competes broadly for the same institutional and private landlord capital and renter demand in the Pacific Northwest.
Others
- Buildium: Buildium is a residential property-management software platform widely used by small/medium PM firms (now part of RealPage). It competes with AppFolio for the underlying tech stack that Evergreen uses and serves many similar small Portland-area PMs.
- AppFolio: AppFolio is the cloud property-management platform Evergreen/V2 runs on (tenant and owner portals). It is the enabling technology vendor; many direct competitors use the same platform, so it shapes rather than competes in the operating model.
Direct peers
- Allegiance Property Management: Portland-area residential property manager offering single-family and small-multifamily management with owner and tenant portals. Comparable service mix, submarket overlap, and similar SMB/individual landlord client base.
- Cascade Management: Oregon-based residential property management firm serving owners and tenants across the Portland metro. Comparable in geographic focus (PNW residential rentals), target segments (small landlords and tenants), and full-service offering (leasing, maintenance, accounting).
- Bluestone + Hockley Real Estate Services: Bluestone + Hockley is a long-standing Pacific Northwest residential property management firm serving Portland-area owners and tenants. Directly comparable as a regional, full-service residential PM with similar owner-portfolio and tenant service model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
V2 Properties social profiles
Digital presenceV2 Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
V2 Properties leadership team
Management profileNumber of profiles
V2 Properties subsidiaries and ownership
Company hierarchySubsidiaries1 record
V2 Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
V2 Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about V2 Properties
What does V2 Properties do?
V2 Properties provides full-service residential property management for owners of single-family rentals, multiplexes, and apartment buildings in the East Portland, Oregon metro area. Services encompass strategic marketing and leasing, thorough tenant screening, rent collection via an online tenant portal, 24/7 emergency maintenance coordination, biannual property inspections, and monthly/annual financial reporting for owners through a dedicated online owner portal.
Is V2 Properties a public or private company?
V2 Properties is a private company. It is classified as corporate owned and is currently operating.
When was V2 Properties founded?
V2 Properties was founded in 2012. It employs 1 to 10 people.
Where is V2 Properties based?
V2 Properties is headquartered in Happy Valley, United States, in the North America region.
How does V2 Properties make money?
Two revenue lines are on record. Property Management Services are the primary driver. The others are application Screening Fees.
Who are V2 Properties's main competitors?
DoorLoop is listed as an emerging player. Broad incumbents are RPM Living, FirstService Residential, BH Management Services and Greystar. Others are Buildium and AppFolio. Direct peers are Allegiance Property Management, Cascade Management and Bluestone + Hockley Real Estate Services.
Does V2 Properties have an API?
No public API is recorded for V2 Properties.
What industry is V2 Properties in?
V2 Properties's product category is Residential Property Management. Its primary akta.pro industry code is BPAJAFAB, Single-Family Rental (SFR) Property Management. Its NAICS code is 531311 and its SIC code is 6531.