Parkway Gardens

What Parkway Gardens does

Parkway Gardens is a small residential apartment community operating at 4 Parkway in the historic 'Old Greenbelt' neighborhood of Greenbelt, Maryland. The property offers three fully renovated one-bedroom floor plan configurations — standard 1 Bedroom, 1 Bedroom + Den, and 1 Bedroom (Large) — with interior finishes including granite countertops, stainless steel appliances, luxury vinyl flooring, tile backsplash, and ceiling fans. The buildings use concrete and steel construction for sound insulation, and the site includes on-site laundry, a playground, and an on-site manager. The property is pet-friendly and is positioned near the Capital Beltway and Baltimore-Washington Parkway, providing commuting access to Washington DC, Baltimore, and Annapolis.

The business operates on a direct-to-consumer residential leasing model. Tenants discover the property through the company website (parkwaygardensapts.com), schedule tours online, and submit rental applications through the Appfolio / DoorLoop tenant portal. Rent is collected monthly via ACH or credit card, and all maintenance requests are routed through the Appfolio portal on a first-come, first-serve basis. Pricing is not publicly disclosed, but disclosed ancillary fees include a $40 flat utility fee (water and gas), trash included in rent, security deposits starting at $500, a $400 per-pet deposit, and a $60 monthly pet fee; tenant income must be at least 3x monthly rent. The website also cross-promotes three sister communities — University Place in Baltimore, Patuxent Place in Laurel, and Laurel24 in Laurel — indicating Parkway Gardens is part of a multi-property residential portfolio under common ownership/management (CCR E appears referenced in the tenant portal URL).

The company is privately held, headquartered at the property address, and employs 17 people. No revenue, funding, ownership, or corporate history disclosures are available in the source material; no leadership team, awards, patents, regulatory actions, or AI/technology capabilities are documented. Technology stack is limited to standard property management tooling (Appfolio / DoorLoop) plus the marketing website, with no proprietary software, integrations, or data assets described.

Name

Parkway Gardens

Legal name

Parkway Gardens

Website

https://parkwaygardensapts.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Parkway Gardens is a small, privately held residential apartment community in historic Old Greenbelt, Maryland, offering fully renovated one-bedroom units across three floor plan configurations to individual tenants and pet-owners commuting to the DC metro area.

Ownership category

akta.pro rank

Headquarters

HQ city

Greenbelt

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

Revenue model

1. Residential Rental Income: Monthly rental payments from tenants occupying one-bedroom apartments. Revenue is recurring on a monthly basis with standard residential lease terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Parkway Gardens rents fully renovated one-bedroom apartments in three floor plan configurations in the historic Old Greenbelt community of Greenbelt, Maryland. The property is a pet-friendly residential complex offering cats and dogs allowed.

Product overview

Parkway Gardens is a residential apartment complex offering fully renovated one-bedroom apartment units in three floor plan configurations: standard 1 Bedroom, 1 Bedroom + Den, and 1 Bedroom (Large). All units feature pet-friendly layouts with newly remodeled amenities including granite countertops, luxury vinyl wood flooring, stainless steel appliances, tile backsplash, and ceiling fans. The property is located in historic Old Greenbelt, Maryland.

Differentiator

Problem solved

Functional benefit

Products and services

• One-Bedroom Floor Plan A

Segments1 record

Ideal customer profiles1 record

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 is used as the property management software platform providing the tenant portal for rent payments (ACH and credit card), maintenance request submission, and tenant communication management.

Recent moves4 records

Expansion highlights4 records

Direct peers

• Bozzuto Group: Mid-Atlantic-focused multifamily owner, developer, and property manager headquartered in Greenbelt, MD — same submarket as Parkway Gardens — operating a comparable small- to mid-sized renovated apartment portfolio.
• The Dolben Company: Mid-Atlantic multifamily owner and operator focused on Class A and renovated apartment communities in the Northeast, with a similar operating model of small-portfolio ownership plus on-site management.

Broad incumbents

• AvalonBay Communities: Multifamily REIT with substantial DC-metro garden-apartment exposure, directly comparable in product type and regional demand drivers, though at significantly larger scale.
• Mid-America Apartment Communities: Multifamily REIT focused on Class A suburban garden apartments in the Sunbelt, representative of the institutional garden-apartment operating model that Parkway Gardens operates at a single-property scale.
• Essex Property Trust: Multifamily REIT operating garden-apartment communities on the West Coast, comparable in unit type and suburban infill location strategy, though geographically distinct from Parkway Gardens' Mid-Atlantic focus.
• Greystar Real Estate Partners: Largest U.S. multifamily property manager and operator, providing the same third-party property management, leasing, and tech-enabled resident services that CCRE/Parkway Gardens performs internally at a smaller scale.
• Equity Residential: Large multifamily REIT with urban and suburban apartment holdings, including DC-metro, operating renovated Class A rental housing — same end-customer and value proposition as Parkway Gardens at much greater scale.
• Camden Property Trust: Multifamily REIT operating a national portfolio of Class A apartment communities, representing the institutional end of the same small-format suburban garden-apartment model Parkway Gardens operates.

Regional players

• Pillar Properties: Pacific Northwest multifamily owner and operator based in Seattle, WA, comparable in scale and operating model (small portfolio, renovated suburban garden apartments) but serving a different geography than Parkway Gardens' Mid-Atlantic footprint.

Others

• AppFolio: Property management software vendor whose platform Parkway Gardens uses for tenant portal, rent collection, and maintenance workflows — an enabling technology provider rather than a competitor, but central to the operating model.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/parkway-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 Parkway Gardens