WHY BUY MULTIFAMILY IN NC?
More than 75 million people between the ages of 18 and 34 are entering the housing market, primarily as renters, not to mention Baby Boomers and other empty nesters who are trading single-family houses for the convenience of rental apartments. Over the past decade, more than half of the net increase in renter households came from the 45-plus demographic.
The good news is that North Carolina is a top target for both of those demographics. A rapidly growing population, strong stable economy, expansive job growth and many other factors are all contributing to NC’s aggressive renter growth.
From an investment perspective, multifamily in North Carolina is a no-brainer!