Building Community. Creating Success.


Since 1974, ALCO has successfully acquired, developed, and managed thousands of apartments across many states. Our decades of experience have built a tradition of excellence. With a portfolio focused on affordable apartment properties, we excel at managing vibrant communities — places that people are proud to call home.

Our superior track record, extensive knowledge of the industry, and dedication to excellence set us apart. But at the end of the day, it is knowing that we have created homes for families, students, and senior citizens—as well as outstanding value for our investors—that inspires us to keep doing it right. Contact us today to find out how we can start Building Community together.


Building an apartment community is more than just construction. We acquire properties with excellent investment potential by identifying market trends and demand. We make timely capital improvements and continually market the property. We care about excellent service to residents, and invest in our associates with training and technology. We understand that our properties address critical housing shortages for those most in need in the neighborhoods we serve. We invest in our residents by partnering with Agape Child and Family Services and the Neighborhood Christian Center. We also support local agencies such as The Child Advocacy Center, The Boys and Girls Club, and Habitat for Hope.

At ALCO, caring is how we are Building Community.

ALCO knows it is the little things that make us unique — like our desire to explore all the options for our investors. All ALCO developments begin with a comprehensive feasibility analysis and exploration of the most favorable financing options. Once a financing strategy is identified, ALCO coordinates and monitors the final financing structure, the architectural design and construction work, and the management and regulatory compliance needed for the community to succeed. Our anticipation of government compliance, marketing needs and investors’ expectations are key reasons ALCO has managed successful apartment communities — garden style, mid-rise and high-rise — since 1974. Our experience sets us apart from other property management companies. ALCO’s knowledge of complex governmental regulations for housing, tax credits, and financing is one of our competitive advantages.

At ALCO, anticipation is how we are Building Community.

ALCO property offices are linked directly to our headquarters in Memphis, Tennessee, where we monitor applications, compliance verifications, and market reviews. Rigorous budgeting and on-the-ground reports give our property managers the tools to respond swiftly and strategically to changing market conditions — providing superior service to our residents and maximum profits for our investors. We have the ability to respond to the strengths and weaknesses of each property, delivering well-timed decisions that maximize results.

At ALCO, responsiveness is how we are Building Community.

ALCO believes in developing strong relationships with our residents, employees, investors, and regulators, resulting in success for each of our partners. It all begins with the basics — well-managed apartment communities that anyone would be proud to call home. Our certified property managers are the best in the business. Moreover, many ALCO properties have been recognized by the National Affordable Housing Management Association (NAHMA) as Communities of Quality® for excellence in management, maintenance, and personnel. We monitor marketing trends to help our properties stay successful and capitalize on relationships throughout our portfolio and expertise in government programs include Section 8 and Section 42 Low Income Housing Tax Credits to pursue new ownership and development opportunities. 

At ALCO, growth is how we are Building Community.

We do not discriminate on the basis of disability status in the admission or access to, or treatment or employment in, its federally assisted programs and activities.
The person named below has been designated to coordinate compliance with the nondiscrimination requirements contained in the Department of Housing and Urban Development’s regulations implementing Section 504
(24 CFR, part 8 dated June 2, 1988).
Erica Starnes - 35 Union Avenue Suite 300, Memphis, TN 38103
[email protected] 901-544-1738 (voice) 711-National Relay Service

Professional Affiliations: