As a property management company that prides itself in knowing the market and helping our owner clients to find just the right investment property for their individual needs, we were thrilled when the rental property experts at Real Page ranked Auburn as the #1 University in terms of growth in rental rates for 2018. That being said, we were not at all surprised. Our community does an amazing job at looking at market analysis information and making judgement calls on quantity of housing to build vs. what will be rented in any given year.
According to the rankings article published this past July, “Among the rent growth outperformers, Auburn University ranks #1 with an average rental rate increase of 8%. This is above the three-year average of 5%. Mid-tier price points and moderate supply growth relative to enrollment growth – 2,700 off-campus beds vs enrollment growth of 4,700 students since 2011 – has helped properties at Auburn to boost rents while continuing to see beds be absorbed.”
How can you become part of this strong rental market in Auburn? The family of services we provide at Three Sixty is geared towards maximizing our clients’ investments, both in the long and short term. We give you what no other company can – a complete “one stop shop.” Our REALTORS® will help you find the best property for your current and long term needs. Are you a large investor? We can help you build your property. If you decide to purchase a new construction investment, our Interior Design experts can help you furnish it. Ready to rent? 360 Management can manage it for you, and then when you are done with it, our REALTORS® step back in and can sell it for you.
Learn more by clicking here to read the entire article. Interested in finding out more about what makes Auburn such a special place and worthy of your investment dollars? Start a conversation with us today!