Understanding Assumable Loans An assumable loan allows a new property buyer to inherit the seller’s loan. Essentially, when a commercial property is sold, the buyer can step into the seller’s shoes and take over the existing loan. However, it’s crucial to understand that not all loans are assumable, and many come with specific conditions for…
A look at YTD rent growth and its implications for apartment demand Annual rent changes are a lagging indicator of current market conditions, but year-to-date (YTD) rent growth is better at understanding what’s happening at a year’s midway point. As of June 2023, YTD rents have grown 1.9% across the country, indicating strong demand. The…
Consider These Points Before Investing in Multifamily Real Estate Multifamily homes are a great way to get into investment properties. As with any kind of investment, you must consider the potential benefits and risks that come with the asset type. 5 Benefits of multifamily investment properties When it comes to investing in real estate, multifamily…
FOR SALE: Park West Apartments Park West Apartments consists of 13 buildings and 104 units, built in 1987, and currently at 98% occupancy. There are 16 one-bedroom units, and 88 two-bedroom units with an average of 894 SF. The community features a sizeable pool and lounge area, playground, laundry facilities and on-site maintenance and property…
A new year and shifting markets – how will investors and property owners fair in 2023? Let’s take a look. Let’s start by agreeing that no one has a crystal ball that will tell them exactly what will happen in 2023. That said, we can make a few educated guesses based on historical trends and…
With the stores decorated for Christmas and shoppers rushing to get last-minute stocking stuffers, it is time to take a moment and reflect on the year that was. 2022 saw the end of a pandemic and the start of a war – England said goodbye to their queen, and NASA returned to the moon. It…
FOR SALE New ownership will acquire a well-maintained property that offers immediate organic rent growth. This investment would benefit from an interior value-add program, providing the ability to increase rental income and attract additional residents. Property website: churchstreetnc.net Click here for all listings
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