A Dallas-based residential property management company has entered the Alabama market.
ResProp Management is providing full-service property and construction management for Avalon Park in Auburn.
Avalon Park is a manufactured home community composed of 217 mobile homes with two- and three-bedroom layouts. Amenities include a swimming pool, 24/7 fitness center and gated access.
Since 2010, Resprop has managed more than 17,000 apartment homes in Florida, Texas, Arizona and Colorado. It is a vertically integrated company, handling acquisitions, property management, construction management and portfolio management in-house.
The company is partnering with privately held real estate investment and advisory firm Trinity Property Group. Trinity Property Group concentrates on investments where they believe they can increase value by growing income through repositioning or rehabilitation.