TriStar Property Management

What TriStar Property Management does

TriStar Property Management is a locally owned, privately held property management company headquartered in Paris, Tennessee, providing full-service residential and commercial property management across West Tennessee. Its service offering covers the full landlord operating cycle: property marketing and listing, tenant procurement and screening, lease execution, rent collection, tenant management, 24/7 maintenance coordination, owner reporting, and supplementary renovation services. The company positions itself as a hands-off operating partner primarily for real estate investors, while also serving individual residential and commercial property owners in the region.

The company's underlying technology stack is built on the third-party managebuilding.com platform, which provides an online rental application, a tenant mobile portal for rent payment, and a 24/7 maintenance request portal. Customer acquisition is executed through a sales-led, direct-to-consumer motion combining an SEO-oriented website, Facebook marketing, online application portal, and direct phone outreach. The company is operated by a licensed real estate professional, which is required to legally procure tenants and execute leases in Tennessee.

TriStar's revenue model is built on monthly management fees (with separate residential and commercial pricing schedules), a leasing fee that is waived on the residential side, tenant-screening fees of $35, reserve requirements ($250 residential, $500 commercial), and a la carte add-on services. This diversified fee structure allows the company to capture both recurring and transactional revenue from the landlord side, while renovation services extend the offering into project-based work. No funding rounds, M&A activity, leadership changes, or expansion beyond West Tennessee are documented.

Name

TriStar Property Management

Legal name

TriStar Property Management

Website

https://tristarpropertymanagement.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

TriStar Property Management is a locally owned, full-service property management company headquartered in Paris, TN, providing tenant procurement, rent collection, maintenance coordination, and owner reporting for residential and commercial landlords across West Tennessee through a digital tenant portal.

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

Residential Property Managers (531311), Nonresidential Property Managers (531312)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro industry

PRIMARYBPAJAFAM

Residential Maintenance & Turnover Services (Make-Ready, Inspections)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Property Management

SECONDARYBPAJAGAE

Mixed-Use Property Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Commercial Property Management

Keywords

• Residential property management
• Commercial property management
• Tenant placement services
• Rental management services
• Property renovation services

Headquarters

HQ city

Colorado Springs

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Fees: Recurring monthly management fees charged to property owners for full-service property management including tenant management, rent collection, maintenance coordination, and owner reporting
2. Leasing Fees: One-time fees charged for tenant procurement, placement, and lease execution. Residential leasing fee is waived; commercial leasing fee is quote-based
3. Reserve Requirements: Security deposit requirements collected from tenants: $250 for residential, $500 for commercial properties
4. Additional Services: A la carte services including eviction management, HVAC maintenance coordination, pest control management, air filter changes, smoke/carbon monoxide battery checks, and gutter maintenance
5. Tenant Screening Fees: $35 screening fee charged to selected applicants who wish to proceed with renting after application review

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

TriStar Property Management provides full-service residential and commercial property management for real estate investors in West Tennessee. Services encompass property marketing and listing, tenant procurement and screening, rent collection, lease enforcement, 24/7 maintenance coordination via an online tenant portal, annual property inspections, move-out inspections, owner reporting, and renovation project coordination. Tenants can apply, pay rent, and submit maintenance requests through a smartphone-enabled software platform hosted at managebuilding.com.

Product overview

TriStar Property Management offers a unified full-service property management platform for residential and commercial properties serving West Tennessee. The core product consists of integrated services including Property Marketing and Listing, Tenant Procurement and Application Processing, Tenant Management, Ongoing Property Management, and Owner Reporting. Additional services include Renovation Services for property value enhancement and an Online Rental Application portal. The platform is powered by state-of-the-art software enabling tenants to pay rent and submit maintenance requests via smartphone.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Property Management Full-service monthly property management for residential rental properties in West Tennessee, including property marketing, tenant screening and placement, rent collection with late/3-day notice posting, lease renewals, move-out inspections, 24/7 maintenance portal, maintenance coordination, one annual property inspection, lease enforcement, and owner reporting.
• Commercial Property Management Full-service management for commercial rental properties in West Tennessee, including marketing and listing, commercial tenant procurement and screening, lease preparation, ongoing maintenance coordination, property inspections, lease enforcement, and owner reporting.
• Renovation Services Coordination and management of property renovation projects including contractor management, selection of paint, appliances, flooring, vanities, and fixtures to maximize property value and monthly rental returns.
• Online Rental Application Online rental application service for prospective tenants in West Tennessee, including application submission, employment and income verification (3x monthly rent requirement), and tenant screening for selected applicants.
• Additional Property Services (Evictions, HVAC, Pest Control, Maintenance) Pay-as-you-go ancillary property services including eviction management, HVAC maintenance management, pest control management, air filter changes, smoke/carbon monoxide battery checks, and gutter maintenance (with additional fees for gutter cleaning).

Named customers3 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

Feature4 records

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Renters Warehouse: Single-family rental property manager serving investors with tenant placement, rent collection, and maintenance coordination. Closely aligned with TriStar's SMB investor focus and recurring fee structure.
• Evernest: Tech-enabled single-family rental property manager operating across multiple U.S. markets with full-service leasing, tenant management, and owner reporting. Comparable to TriStar's investor-led, tech-augmented residential PM model but at much larger national scale.
• All County Property Management: Residential property management franchise serving individual investors and small landlords with end-to-end leasing and management services. Overlaps TriStar on full-service offerings, investor target segment, and recurring fee revenue model.
• Real Property Management: Largest residential property management franchise in North America, offering full-service leasing, tenant screening, rent collection, and maintenance across hundreds of local offices. Directly comparable to TriStar in service mix, recurring-fee model, and SMB investor target customer.
• Property Management Inc. Property management franchise serving residential and commercial owners across multiple U.S. regions with full-service management. Comparable service breadth (residential + commercial) and franchise-driven local market model.

Broad incumbents

• HomeRiver Group: National residential property management platform operating across 30+ markets, offering leasing, tenant screening, and investment management services. Comparable in service offering to TriStar but with substantially broader geographic reach and institutional backing.
• Greystar Real Estate Partners: Largest multifamily and residential property management company globally, operating across thousands of properties. Overlaps TriStar on residential management services but operates at vastly larger institutional scale with broader portfolio capabilities.
• Cushman & Wakefield: Global commercial real estate services firm offering property management for office, retail, and industrial assets. Comparable to TriStar's commercial property management arm but with global institutional scale and broader service portfolio.

Others

• Buildium: Leading property management software platform used by small and mid-sized landlords and PM firms. TriStar uses a comparable third-party SaaS (managebuilding.com) for tenant portals, rent collection, and maintenance requests, making Buildium a peer in the underlying tech stack rather than a direct competitor.

Regional players

• Memphis Property Management: Regional property management company serving the Memphis metro area with residential and commercial management services. Comparable in service offering and SMB investor focus, but operates in an adjacent Tennessee market rather than directly in TriStar's West Tennessee territory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TriStarPropertyManagement
• LinkedInlinkedin.com/company/tristar-property-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 TriStar Property Management