This 18 Home Attached Build For Rent (BFR) Single Family Rental Portfolio in Charlotte, NC is an investment opportunity beginning construction soon and scheduled completion date is August 2018. The rental subdivision is located just 2.5 miles east of the Uptown Charlotte submarket, also used interchangeably with Downtown Charlotte, which has experienced an explosive 107.7% rental growth rate since 2012. The Charlotte Center City area is one of the fastest growing live/work/play metro areas in the country. So close to the action these perfectly located 18 Attached Build For Rent luxury homes for rental investment feature an opportunity for Buyer to purchase homes at Certificate of Occupancy and place tenants prior to completion so the investment is immediately cash flowing. Stabilized Year I Cap Rate of 5.69% has conservatively been modeled given market rents in the area. An investor should realize significant capital growth in the next few years given proximity to Uptown Charlotte, a major University, Fortune 500 companies, and 4.5 million square feet of retail attractions accessible to Uptown residents.

This 18 Home Build For Rent (BFR) portfolio offers almost no capital expenditures for several years after occupancy. The Developer/Builder here is a seasoned Builder throughout the Southeastern United States with vast experience and is well known for quality & integrity. This BFR investment opportunity offers spacious 1640/SF & 1371/SF floor plans throughout, all 3-story homes with 2 & 3 bedroom units with 3 full baths & 1 half bath. Each home has the ability to add additional bedroom downstairs, so they can be easily converted to 3 & 4 bedroom homes. Two bed homes come with a single car garage and 3 bedroom homes come with double car garage. These savvy contemporary homes make a distinct architectural statement with sleek brickwork fa