River's Edge Property Management

What River's Edge Property Management does

River's Edge Property Management Inc. is a privately held residential property management and real estate brokerage founded in 2011 and headquartered at 3720 West Hundred Road in Chester, Virginia. The firm is founder-operated by Kim Dalton, a licensed Real Estate Agent since 1989 and Broker since 1995, with a second licensed agent, Wade Huff, on staff. River's Edge manages single-family homes, duplexes, and multifamily rental units on behalf of property owners, and additionally facilitates home buying and selling transactions for the same client base. Its core customer segments are individual and small-scale property owners/investors in Chesterfield County and the surrounding Richmond, Virginia area, plus renters and home buyers transacting through the firm.

The service stack is built on standard industry tooling rather than proprietary technology. AppFolio provides the property management backbone: online rental applications (with $50 per-adult non-refundable fee, 650+ credit screen, 3x income requirement, three-year eviction-free history, and DTI under 45%), tenant rent payment portal, and listing distribution through the AppFolio marketplace. The firm augments this with a Rent-Ready Property Preparation Program that operationalizes Virginia habitability compliance before tenant placement, and tenant-facing Home Maintenance Guides that deflect minor service calls. Customer testimonials emphasize responsive maintenance and a smooth rental-to-purchase transition managed by the founder.

The revenue model combines recurring managed-services revenue (property management fees from owners) with transaction-fee revenue (real estate commissions on purchases and sales). Distribution is direct: company website (riversedge4u.com), AppFolio marketplace listings, phone, and a single physical office. The firm offers a free market analysis as its primary lead-generation offer for owners, and markets itself through local SEO and word-of-mouth rather than paid acquisition.

Name

River's Edge Property Management

Legal name

River's Edge Property Management Inc.

Website

https://riversedge4u.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

River's Edge Property Management is a Virginia-based, founder-operated residential property management and real estate brokerage serving Chesterfield County and expanding into Richmond. It manages single-family, duplex, and multifamily rentals using AppFolio, while also facilitating home purchases and sales for the same owner and tenant client base.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Offices of Real Estate Agents and Brokers (531210)

SIC

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

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential property management
• Rental property services
• Real estate brokerage
• Tenant placement services
• Home buying services

Headquarters

HQ city

Chester

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Property Management Services: Revenue generated from managing rental properties for property owners. The company handles tenant placement, property maintenance coordination, rent collection, and other property management services in exchange for management fees from property owners.
2. Real Estate Sales/Transaction Fees: Revenue from facilitating home purchases and sales. The company has licensed real estate agents who help clients buy and sell properties, earning commissions on completed transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

River's Edge Property Management provides full-service residential property management for single-family homes, duplexes, and multifamily units in Chesterfield County and the greater Richmond, Virginia area. The company handles tenant screening, lease management, rent collection, maintenance coordination, and rent-ready property preparation on behalf of property owners and investors. It also offers real estate sales services including home buying, home selling, and free market analysis for owners considering renting, selling, or both.

Product overview

River's Edge Property Management operates as a localized residential property management company offering a portfolio of interconnected real estate services. The core offering consists of Property Management Services for single-family homes, duplexes, and multifamily units, complemented by a Real Estate Sales Services division for home buyers and sellers. Supporting these primary services are an Online Rental Application system and Tenant Portal for rent collection, both powered by AppFolio property management software. Additional offerings include Home Maintenance Guides for tenant self-service and a Rent-Ready Property Preparation Program to ensure landlord compliance with Virginia housing standards. The company primarily serves Chesterfield County, with expansion into the City of Richmond and surrounding Virginia areas since 2011.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Services Full-service residential property management for single-family homes, duplexes, and multifamily units in Chesterfield County and the surrounding Richmond, Virginia area. Includes tenant screening, lease management, rent collection, and maintenance coordination for property owners and investors.
• Real Estate Sales Services Home buying and selling brokerage services for first-time homebuyers, families upsizing or downsizing, and investors in central Virginia. Includes free market analysis for property owners considering renting, selling, or both.
• Tenant Portal Online portal enabling tenants of managed properties to pay rent electronically via checking/savings or credit/debit card and to manage their rental accounts.
• Online Rental Application Digital rental application workflow processing prospective tenant applications via AppFolio. Requires credit score of 650+, monthly income of 3x rent, no evictions/bankruptcy in 3 years, and debt-to-income ratio under 45%, with a $50 non-refundable fee per adult applicant.
• Rent-Ready Property Preparation Program Standardized property make-ready program that prepares rental units to meet Virginia judicial law and company habitability requirements before they are advertised. Includes professional cleaning, appliance servicing, safety device installation, and landscaping standards.

Quantifiable outcome

• 30+ years of combined real estate and property management expertise from founder

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

One partnership is on record.

• AppFoliocoreTechnology or IntegrationAppFolio provides the property management software platform used by River's Edge for online rental applications and tenant portal functionality. This enables the company to process applications, manage tenant payments (rent), and list properties digitally. The partnership is critical infrastructure for the company's digital operations.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• RPM Living: A large regional multifamily and single-family property manager operating across multiple states. Comparable in core residential PM services (tenant placement, rent collection, maintenance) but with institutional scale and a broader geographic footprint.
• Berkshire Hathaway HomeServices: A national residential real estate brokerage franchise that includes property management services alongside home sales. Comparable because, like River's Edge, it bundles residential PM with brokerage services for the same small-investor and consumer customer base.
• BH Management Services: A national residential property manager primarily focused on multifamily communities. Comparable to River's Edge in property type (residential rentals, including small multifamily) but with significantly larger portfolio scale and institutional operations.
• HomeRiver Group: A multi-state residential property management company serving owners of single-family rentals and small multifamily. Comparable to River's Edge because it offers full-service PM, leasing, and tenant placement for the same customer segment (small/mid landlords), but at significantly greater geographic scale.

Direct peers

• Main Street Renewal: A residential property management company focused on single-family rental homes. Comparable to River's Edge because it serves the same SFR landlord and renter segments with full-service leasing and management, though at a larger portfolio scale.
• Renters Warehouse: A single-family rental property management franchise serving individual investors and small landlords nationwide. Directly comparable to River's Edge in customer profile (small-investor owners of SFR/1–4 unit properties) and service scope.
• Castle Management Group: A residential property management firm providing full-service management, leasing, and maintenance for single-family and small multifamily rental owners. Comparable to River's Edge in offering an integrated PM-plus-leasing platform for the same SMB landlord segment.
• Real Property Management: A national franchise network of residential property management offices operating under a shared brand, system, and technology stack. Directly comparable to River's Edge because local franchisees perform the same full-service residential PM function (single-family, multifamily) for individual property owners using a shared platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 River's Edge Property Management