Parkridge Place

What Parkridge Place does

Parkridge Place is a privately held, single-property residential apartment community located at 1351 Andy Street in Abilene, Texas, operated under the management of Accolade Property Management. The community serves individual and family renters in the Abilene MSA and offers three floor plan types: one-bedroom units (813 sq ft, starting at $1,050/month), two-bedroom units (1,059 sq ft, starting at $1,175/month), and two-bedroom townhomes (1,170 sq ft, starting at $1,300/month). Resident-facing amenities include a clubhouse, pool and spa, fitness center, covered and assigned parking, and pet-friendly policies with breed and weight restrictions; unit-level features include wood-burning fireplaces with oak mantels, 8–9 foot ceilings, full-size washer/dryer connections, frost-free refrigerators, dishwashers, walk-in closets, and patio/balcony.

The underlying technology stack is entirely third-party and non-proprietary. Marketing, lead capture, and listing syndication run through the Resident360 apartment marketing platform; prospective residents can complete a virtual tour of the clubhouse via Matterport; and existing residents transact through the SecureCafe resident portal for rent payments, service requests, and amenity bookings. No internal software, APIs, SDKs, or proprietary models are disclosed, and no app is offered in either the Apple App Store or Google Play. The property does not disclose AI capabilities, patents, certifications, or compliance regimes.

The business model is a straightforward residential subscription-recurring rental operation with monthly lease billing. Distribution is direct-to-consumer via the leasing office (Monday–Friday, 8:30am–5:30pm), a phone line (325-695-5110), the company website, and a Facebook page. There is no disclosed enterprise or commercial-tenant revenue, no ancillary service revenue, no investment-vehicle structure, and no parent holding or external investor base documented. Geographic footprint is limited to a single asset in a single submarket, and the resident population is highly fragmented with no concentration among any individual, employer, or institutional tenant.

Name

Parkridge Place

Legal name

Parkridge Place Apartments

Website

https://parkridgeplace.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Parkridge Place is a privately held, single-property residential apartment community in Abilene, Texas, offering one-, two-, and two-bedroom townhome units for direct-to-consumer monthly rental to individual residents and families, and is professionally managed by Accolade Property Management.

Ownership category

akta.pro rank

Headquarters

HQ city

Abilene

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. Residential Rent: Monthly rental income from apartment units. Tenants pay recurring monthly rent for their apartment homes under lease agreements. The community offers three floor plan types: one-bedroom, two-bedroom, and two-bedroom townhome units.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Parkridge Place is a residential apartment community in Abilene, Texas that leases one-bedroom, two-bedroom, and two-bedroom townhome units on monthly rental agreements starting at $1,050. The community provides shared amenities including a clubhouse, pool and spa, fitness center, and covered/assigned parking, along with in-unit features such as wood-burning fireplaces, full-size W/D connections, and walk-in closets. Tenants access rent payment, service requests, and amenity booking through the SecureCafe resident portal, with leasing supported by an on-site office, website, and phone.

Product overview

Parkridge Place is a single-property residential apartment community in Abilene, TX, managed by Accolade Property Management. The community offers three distinct floor plans: one-bedroom apartments (813 sq. ft.), two-bedroom apartments (1,059 sq. ft.), and two-bedroom townhomes (1,170 sq. ft.), ranging from $1,050 to $1,300/month. The property features community amenities (clubhouse, pool, fitness center, covered parking) and in-unit features (wood-burning fireplaces, 9-foot ceilings, full-size W/D connections, oak cabinets). Residents access services through third-party platforms including Securecafe for rent payments and service requests, and Matterport for virtual clubhouse tours.

Differentiator

Problem solved

Functional benefit

Products and services

• One Bedroom Apartment One-bedroom, one-bathroom apartment unit with 813 sq ft of living space, offered for monthly rent starting at $1,050. Targeted at individual renters and small households seeking modern apartment living in Abilene, TX.
• Two Bedroom Apartment Two-bedroom, two-bathroom apartment unit with 1,059 sq ft of living space, offered for monthly rent starting at $1,175. Targeted at couples, roommates, and small families needing more space in Abilene, TX.
• Two Bedroom Townhome Two-bedroom townhome with 2.5 bathrooms and 1,170 sq ft of living space, offered for monthly rent starting at $1,300. Targeted at families or roommates seeking townhome-style apartment living in Abilene, TX.
• Apartment Leasing Services Residential apartment leasing service that handles property tours, applications, lease execution, and ongoing resident support through the on-site leasing office, phone, and website inquiry forms. Includes resident access to the SecureCafe portal for rent payment, service requests, and amenity booking.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Broad incumbents

• RangeWater Real Estate: Sun Belt-focused multifamily owner-operator with new-construction garden-style communities. Comparable in product type (garden-style apartments with townhome variants), target renter, and Sun Belt geographic focus.
• Camden Property Trust: Multifamily REIT with a meaningful Texas footprint and garden-style apartment communities. Comparable as a multifamily operator in similar Texas markets with similar unit-mix offerings.
• BH Management Services: Large multifamily property management firm operating garden-style and townhome-style communities across the Sun Belt. Comparable operating model and unit-mix profile to Parkridge Place's three-floor-plan, garden-style offering.
• Asset Living: One of the largest third-party multifamily property managers in the U.S. Relevant as the operational peer to Accolade Property Management and as a manager of similar garden-style communities in secondary markets.
• MAA (Mid-America Apartment Communities): Sun Belt-focused multifamily REIT operating garden-style apartment communities across the southern U.S. Comparable in product type, target renter, and Sun Belt geographic focus, though at vastly larger scale.
• Bell Partners: National multifamily owner and operator with a meaningful Sun Belt and Texas footprint. Comparable as a multifamily owner/operator of garden-style apartment communities serving similar renter demographics.
• Greystar Real Estate Partners: Largest multifamily operator and property manager globally, with a substantial Texas and Sun Belt presence. Relevant as the ultimate incumbent benchmark for apartment operations, scale, and platform capabilities.

Regional players

• Fath Properties: Texas-based multifamily owner-operator focused on secondary and tertiary markets in the state. Highly comparable to Parkridge Place given similar Sun Belt footprint, value-oriented positioning, and similar unit size ranges in mid-sized Texas cities.
• JLB Partners: Dallas-based multifamily developer and operator with a portfolio concentrated in Texas. Comparable in business model (develop, own, operate garden-style apartments) and target renter demographic in similar Texas submarkets.
• Rockstar Capital: Texas-focused multifamily investor and operator. Operates value-add apartment communities in mid-sized Texas markets, directly comparable to Parkridge Place's positioning, asset class, and target renter profile.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/ParkridgePlaceApartments
• LinkedInlinkedin.com/company/parkridge-place-apartments

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 Parkridge Place