Centennial Gardens

Name

Centennial Gardens

Legal name

Centennial Gardens

Website

https://centennialgardensapts.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Memphis

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. Apartment Rental Revenue: Monthly recurring rental income from 1, 2, and 3-bedroom apartment units across multiple phases. Residents sign lease agreements and pay monthly rent. The property offers secure online rent payment through resident portals. Detached garages and storage units provide additional rental revenue streams.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Centennial Gardens is a private, gated multi-phase (Phase 1-5) residential apartment community in Memphis, TN that leases 1, 2, and 3-bedroom apartment units to individuals and families on monthly subscriptions. The community bundles residential units with in-unit features (gourmet kitchens, in-unit washer/dryer, 9-foot ceilings) and shared amenities (resort-style pools, 24-hour fitness centers, dog park, EV charging, package lockers, car wash), supported by an online resident portal for rent payments and work orders.

Product overview

Centennial Gardens is a luxury apartment community in Memphis, TN, offering a multi-phase residential property (Phase 1-5) with 1, 2, and 3-bedroom apartment units. The community provides apartment amenities (gourmet kitchens, in-unit washers/dryers, high ceilings) combined with extensive community amenities (swimming pools, fitness centers, dog park, EV charging). Residents access services through an online portal for rent payments and work order management.

Differentiator

Problem solved

Functional benefit

Products and services

• 1, 2, and 3-Bedroom Apartment Units Residential apartment units in 1-bedroom, 2-bedroom, and 3-bedroom floor plans available for monthly lease at 7841 N. Garden Manor Dr., Memphis, TN 38125. Designed for individuals, couples, and families seeking long-term housing.
• In-Unit Apartment Amenities Package Standard in-unit features included with each apartment: gourmet kitchens with built-in microwaves, dishwashers, and refrigerators; spacious walk-in closets; wood grain vinyl plank flooring; 9-foot ceilings; in-unit washer/dryer; monitored alarms; USB charging stations; ceiling fans; and patio/balcony options in select units.
• Community Amenities Access Shared on-site amenities for residents: gated entry, resort-style swimming pools, 24-hour fitness centers, dog park, car washes with vacuums, detached garages, storage units, EV charging stations, gas and charcoal grilling areas, and package locker system.
• Online Resident Portal (Phase 1-3, Phase 4, Phase 5) Secure online portal for existing residents to make rent payments, submit work orders, and access community information. Separate portal access provided for Phase 1-3, Phase 4, and Phase 5 residents via spmg.myresman.com.
• Detached Garages and Storage Units Add-on rental offerings for residents needing additional parking or storage space at the community. Available as ancillary rentals on top of base apartment rent.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Specialized Property Management GroupcoreOthersProperty is managed by Specialized Property Management Group (SPMG). The company provides property management services including resident portal access (spmg.myresman.com) for multiple phases. This is a property management company relationship where the management group operates the apartment community on behalf of ownership.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Camden Property Trust: Multifamily REIT operating garden-style Class A apartment communities across the Sunbelt. Comparable product type (1-3 bedroom units, resort-style amenities) and renter segment as Centennial Gardens.
• AvalonBay Communities: Apartment REIT with premium Class A communities in select Sunbelt and urban markets. Comparable for luxury amenity positioning and resident experience expectations that Centennial Gardens targets.
• Equity Residential: Major apartment REIT focused on urban and high-density suburban multifamily. Comparable as a benchmark for premium urban-adjacent Class A operations targeting similar renter demographics.
• MAA (Mid-America Apartment Communities): Large Sunbelt-focused apartment REIT with significant Memphis-area exposure. Comparable as a Class A garden-style multifamily owner operating in the same Memphis submarket with overlapping renter demographics.
• Greystar Real Estate Partners: Largest U.S. apartment operator and property manager with deep institutional multifamily footprint. Directly relevant as a benchmark for the institutional property management model (SPMG) under which Centennial Gardens operates and for Class A amenity positioning.

Direct peers

• RPM Living: Full-service multifamily property management firm with strong Sunbelt and Texas/Southeast presence. Comparable as a third-party management peer running amenitized Class A communities with portal-based resident services.
• Bozzuto Group: National multifamily property management and development company focused on Class A apartment communities with resort-style amenities. Closely comparable operator profile to Specialized Property Management Group running Centennial Gardens.
• Bell Partners: Multifamily investment and management firm operating Class A apartment communities, including in the Sunbelt. Comparable operator profile and resident experience offering to Centennial Gardens under SPMG.
• Lincoln Property Company: Large third-party multifamily property manager operating luxury and Class A communities nationwide. Comparable as a competing institutional property manager running similarly amenitized apartment communities.
• WinnCompanies: National multifamily owner/operator and property manager with a portfolio that includes Class A garden-style and mid-rise apartments. Comparable operating model to SPMG's management of Centennial Gardens.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/centennialgard1
• LinkedInlinkedin.com/company/centennial-gardens

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 Centennial Gardens