“Build-to-rent” (BTR) communities experiencing a significant surge

As the housing market faces a scarcity of available homes, and rental prices soar, both potential homebuyers and renters are finding it increasingly challenging to secure suitable housing. In response, home builders and investors have introduced the concept of “build-to-rent” (BTR) communities, also known as single-family rentals. According to U.S. News, the BTR sector is…

FOR SALE: 72+ acres in Burlington, NC

LAND FOR SALE: 72+ acres in Burlington, NC INVESTMENT SUMMARY • Six separately deeded parcels totaling 72.48 acres.  • Visibility with frontage on I-40/85 makes this an excellent development opportunity. After re-zoning, the site is open to an abundance of possibilities such as multifamily, hotel, retail, and mixed-use development. Annual Average Daily Traffic along Highway…

FOR SALE: Azalea Gardens Apartments

Azalea Gardens Apartments consists of 11 buildings and 90 units, built in 1970, and currently at 100% occupancy. There are 40 1-bedroom units, and 50 2-bedroom units with an average of 822 SF. The community features a sizeable pool and lounge area, small playground, laundry facilities and on-site maintenance and property management. Azalea Gardens is…

FOR SALE: The Crown Apartments

Crown Apartments consists of 3 well-maintained buildings and 60 turn-key units. There are 24 one-bedroom units, and 36 two-bedroom units with an average of 943 SF. The community features a sizeable pool and lounge area, abundant yard space and on-site maintenance and property management. Crown Apartments are located just off Western Boulevard where residents are…