Property Management in Charlotte, North Carolina
Located at the south-central border of North Carolina, Charlotte is the state’s most populous city with an estimated 2018 population of 872,498. It is also the 17th most populous city in the United States. The city is favored for its affordable homes, diverse community, sports culture and its prominent economic hub. Home to Bank of America and Wells Fargo East, the city is second only to NYC as the largest banking hub in the U.S. In addition, six other Fortune 500 companies call the city home. Approximately 43% of inhabitants have at least a Bachelor’s degree, and the median household income is $58,202.
Charlotte, North Carolina Details
The city largely features beautiful, classic-looking American colonial style homes, along with some other building styles and very modern condominiums. Approximately 52% of housing options are single family homes. There are plenty of housing options for renters as well, with approximately 36% of housing options being apartments. The median home value is about $224,800, and the median rent price is $1,500. Therefore, the city is much more affordable than other metros in the U.S. Nearly half (48%) of the city’s homes were built from 1970 to 1999, but if old charm is more your flavor, approximately 20% of homes were built from 1940 to 1969. There’s also a sizable amount (29%) of newer homes built in 2000 and later.
The city has a very extensive higher education system, with five universities within the city, including the famed University of North Carolina at Charlotte. There are also a number of colleges in the surrounding suburbs. Two major professional sports franchises call the city home: the Carolina Panthers and the Carolina Hornets. There’s also soccer, baseball, ice hockey and lacrosse teams to cheer on and support. If history and the are more your style, there are many art, history and children’s museums to explore, including the NASCAR Hall of Fame. There are also many performing arts venues for plays, concerts, ballets and more.
There are many festivals and special events to enjoy in the city as well. Every weekend in October and November, the Carolina Renaissance Festival operates one of the largest renaissance-themed events in America. The Yiasou Greek Festival is a cultural event that features authentic Greek cuisine, wine tasting, art, shopping and even a Hellenic cultural exhibit. If you like burgers and beers, this city has an event for that. Held annually in April, the Moo and Brew Fest serves up craft beer, burgers and plenty of live music.
With affordable homes, major employers, plenty of sports teams to support and fun festivals, it’s no wonder Charlotte is one of the fastest growing cities in America. The city is definitely hot iron that should be struck right away!
Charlotte Property Management
Our property management team specializes in residential areas throughout Charlotte, NC. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.