dwell properties

What dwell properties does

Dwell Properties, LLC is a privately held residential property management company headquartered at 3807 Clairmont Avenue South in Birmingham, Alabama. The company operates a direct-to-consumer rental model, acquiring and managing 16 individually branded apartment complexes in the urban Birmingham neighborhoods of Highland Park, Forest Park, Avondale, and Five Points. Properties include Apex, Chill, Clarity, Copper, DWELL, Echo, Edge, Friday, Fusion, Haven, Home, Metro, Smart, Space, Strata, and Works, with unit counts ranging from approximately 6 to 20 units per property and a mix of 1-bedroom and 2-bedroom configurations. The portfolio spans price points from $795/month (Haven) to $1,195/month (DWELL), with weighted average rent around $950-$1,000/month.

The company's technology stack is intentionally lean: it runs on AppFolio's property management platform, which powers the online resident portal used for rent payment, maintenance requests, lease viewing, and tenant communication. The company also advertises 24-hour emergency maintenance and a pet-friendly policy across the portfolio. Tenant acquisition runs almost entirely through the company website (livewithdwell.com), with tenants screened against a minimum 640 credit score, 3x income-to-rent ratio, and a background check that excludes felonies and landlord debt; Section 8/vouchers are not accepted. Application fees ($50), security deposits ($300-$500), pet fees ($300), and water/sewer pass-throughs ($50/month at applicable properties) supplement base rent.

Dwell Properties appears to be an independent, owner-operated LLC with no disclosed institutional investors, parent company, funding rounds, M&A activity, or named executive team in the public record. Revenue is not disclosed. The business model is recurring monthly rental income, with operational concentration risk primarily geographic (single MSA) rather than customer-level. Strategic posture, as observable from the data, is one of organic, in-market portfolio curation rather than tech-enabled scale or geographic expansion.

Name

dwell properties

Legal name

Dwell Properties, LLC.

Website

https://livewithdwell.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Dwell Properties, LLC is a Birmingham, Alabama-based residential property management company operating 16 individually branded apartment complexes across Highland Park, Forest Park, Avondale, and Five Points. The company leases renovated units directly to qualified individual renters and runs tenant operations through AppFolio's property management platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Birmingham

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, Technology or R&D

Revenue model

1. Residential Rentals: Monthly rental income from tenants occupying apartment units across 16 properties in Birmingham, AL. Tenants must pass credit (minimum 640), background check, and income verification (3x monthly rent). Revenue is recurring on a monthly basis with standard residential lease terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Dwell Properties owns and manages a portfolio of 16 renovated apartment complexes across Birmingham, Alabama's urban Southside neighborhoods (Highland Park, Forest Park, Avondale, Five Points). The company leases 1-bedroom and 2-bedroom units directly to individual tenants under standard residential leases, with monthly rents ranging from approximately $795 to $1,195 depending on size, building, and finishes. Supporting services include 24-hour emergency maintenance, pet-friendly policies, and an online resident portal for rent payment and maintenance requests.

Product overview

Dwell Properties is a Birmingham, Alabama-based residential property management company offering a portfolio of 16 distinct apartment complexes across the urban communities of Highland Park, Forest Park, Avondale, and Five Points. The company operates on a multi-property portfolio model with individual branded complexes (Apex, Chill, Clarity, Copper, Dwell, Echo, Edge, Friday, Fusion, Haven, Home, Metro, Smart, Space, Strata, and Works), each offering various bedroom/bathroom configurations with distinct amenities and pricing. Beyond housing, the company provides tenant services including 24-hour emergency maintenance, pet-friendly policies, and an online resident portal for rent payment, maintenance requests, and property management communication. Rental requirements include minimum 640 credit score, 3x income-to-rent ratio, and application fees starting at $50, with additional fees for security deposits ($300-$500), water/sewer ($50/month), and pet fees ($300).

Differentiator

Problem solved

Functional benefit

Products and services

• Apartments at Apex

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• AppFoliocoreTechnology or IntegrationAppFolio provides the property management software and resident portal used by Dwell Properties. The portal enables tenants to pay rent online, submit maintenance requests, view lease documents, and communicate with property management. This is a core operational technology partnership essential to their tenant management workflow.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Greystar Real Estate Partners: Largest U.S. apartment operator and one of the largest property managers, with ~80 properties under management in Birmingham/Southeast markets. Provides third-party property management for institutional owners — analogous service line to Dwell's in-house management.
• Bell Partners: Privately held multifamily owner/operator with a Southeast-heavy portfolio including the Birmingham metro. Directly comparable ownership-and-management model to Dwell at larger scale.
• ZRS Management: Multifamily property management company operating ~200 communities across the U.S. Comparable operating model to Dwell, with similar emphasis on resident portals and service quality.
• RangeWater Real Estate: Privately held multifamily acquirer/operator active across the Sun Belt, with a focus on renovated urban and suburban garden apartments. Comparable single-family-of-business model to Dwell.
• RPM Living: National multifamily property management firm managing ~200,000 units, including Southeast markets. Provides third-party property management comparable to Dwell's in-house operating capability.
• Camden Property Trust: Multifamily REIT with ~172 properties across the Sun Belt and select markets. Comparable business model (own/operate garden-style and urban apartments) and resident-experience focus to Dwell.
• Bozzuto Group: Privately held multifamily developer, owner, and operator focused on urban and amenitized apartment communities. Comparable to Dwell in offering renovated urban apartments with strong resident-service programming.
• MAA (Mid-America Apartment Communities): Large publicly traded multifamily REIT owning ~100,000 apartment units across the U.S. Sun Belt. Comparable to Dwell as a multifamily residential landlord/operator, though at vastly greater scale and geographic diversification.

Regional players

• Arlington Properties: Birmingham-based multifamily owner/operator with a regional portfolio across the Southeast. Closest geographic and scale peer to Dwell within the Birmingham multifamily market.
• StoneRiver Company: Birmingham-based real estate investment and management firm with multifamily assets in the Southeast. Comparable local-market multifamily operating model to Dwell's.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/dwellbirmingham

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 dwell properties