Downtown Raleigh Alliance’s Post

What kind of #InvestmentProperties make the best candidates for self-storage conversions and why? We’ll give you 5 guesses before you hit “see more.” 🧠💭 1. Big Box Retail - Large footprints, central positioning, and the opportunity to sell off excess land like parking lots. 2. Department Stores - Open interior spaces minimizes the need for demolition. 3. Strip Malls - Demographics surrounding strip malls are changing, creating cheap opportunities to snag properties. 4. Government Buildings - Often overlooked, and in urban locations with dense surrounding populations. 5. Offices - Older offices are designed to handle the higher floor load needed for self-storage. The more you know. 💫

🚨 New Listing | Store Space | New Bedford, MA 🚨 💲 $14,900,000 💲 🏦 88,817 SF | 802 Units 🏦 🖥 Offering Website: https://lnkd.in/eX_wEVY5 🖥 🔹 Priced Below Replacement Cost - The $14,900,000 asking price equates to just $167.76 psf and is a Stabilized 7.5% cap rate 🔹 Desirable Unit Layout - This conversion consists of 100% 1st-floor units with multiple unloading areas, providing short pull distances and premium ground-floor rental rates 🔹 Low Saturation - The 5-mile saturation is just 5.33 SF per capita, with just 3.48 SF of that being climate-controlled square feet. 🔹 Class "A" Amenities - This property was completely renovated in 2023 and features a professional on-site leasing office, multiple loading areas, 23 video surveillance cameras, coded access control system, and motion-activated LED lighting throughout the facility. 🔹 Strength of Demographics - The 5-mile population is 149,695 individuals with an Average Household Income of $81,955.  Additionally, 75% of the 11,629 housing units within one mile are renter-occupied. 🔹 Potential Expansion - The parcel has several areas where portable drive-up units could be added for additional revenue.

Designing main street precincts is one of our passions and collaborating with communities, stakeholders and the people who use the spaces is the only way to achieve the best outcome. This article on InDaily was a great read — it’s always informative and insightful to read research on main street preferences from the perspective of shoppers. What makes a good main street precinct from your point of view? Share your views and ideas below 👇 #JensenPLUS #urbanplanning #urbandesign #landscapearchitecture #adelaide #southaustralia #mainstreet #mainstreetdesign

Are you thinking about buying, selling, or investing in real estate? Explore these 4 key property types: 🏡 Residential Real Estate: This is probably what first comes to mind for many. It includes properties like houses, condominiums, townhouses, and multi-family houses. Whether it's a starter home, a mansion, or anything in between, this category covers places where people live. 🏢 Commercial Real Estate: This sector is all about workspace. Think of office buildings, coworking spaces, and even some multi-family dwellings when they’re used for income (like an apartment building). 🏭 Industrial Real Estate: These are properties designed for producing and storing goods. Warehouses, factories, and distribution centers fall into this category. These properties play a critical role in many businesses’ supply chains. 🛍️ Retail Real Estate: Malls, shopping centers, boutiques, and any place where goods are sold to consumers belong here. It's not just about shopping; the success of these spaces often relies on user experience, making location and amenities vital. Whether you want to invest, buy, sell, or simply educate yourself, I am here to help! Call me today, I'd be glad to answer any questions you have! #realestate #realtor #realestateagent #realty #house #home #homesweethome #CarolynCarnes #CarolynCarnesRealtor #KellerWilliamsRealty #WeBuyHomesForCash

Over 33% of US households are now renting (source: US Census Bureau). With this surge, institutional rental property managers are up against fierce competition. To stand out, you need a solid strategy. Professionally staged units can attract higher rental rates, boosting your ROI. That's where virtual staging comes in. Virtual staging can save you up to 93% compared to traditional methods, cutting out expensive furniture rentals (average $2,200/month). In just a few days, virtual staging gives you stunning visuals, speeding up your time-to-rent cycle and slashing vacancy periods. You can easily try out different layouts and designs to attract a wider range of renters. And it’s a one-time investment—reuse these high-quality images for future vacancies, getting more bang for your buck. Step up your property game with virtual staging. Stay competitive, cut costs, and maximize your returns with this smart solution! #virtualstaging #realestatemarketing #IOR #rentallistings

Dive into the World of Real Estate: Exploring 4 Key Property Types!❤ 🏡 Residential Real Estate: This is probably what first comes to mind for many. It includes properties like houses, condominiums, townhouses, and multi-family houses. Whether it's a starter home, a mansion, or anything in between, this category covers places where people live. 🏢 Commercial Real Estate: This sector is all about workspace. Think of office buildings, coworking spaces, and even some multi-family dwellings when they’re used for income (like an apartment building). 🏭 Industrial Real Estate: These are properties designed for producing and storing goods. Warehouses, factories, and distribution centers fall into this category. These properties play a critical role in many businesses’ supply chains. 🛍️ Retail Real Estate: Malls, shopping centers, boutiques, and any place where goods are sold to consumers belong here. It's not just about shopping; the success of these spaces often relies on user experience, making location and amenities vital. Understanding these categories is foundational in the real estate world. Each has its unique characteristics, benefits, and challenges. Whether you're looking to invest, buy, sell, or simply educate yourself, having a grasp on these types provides a great starting point! 🥳 For your real estate needs just contact me with the information below.⬇️ - - - LaVonne Bost-Barksdale Licensed Real Estate Salesperson Phone: 347-728-8652 Email: [email protected] Visit my website at https://lnkd.in/dkPfQxVr #lavonnebarksdale #realestate #realtor #realestateagent #realtorlife #homeselling #homeseller #homesellingtip #homesellertip #realestate #realestateselling #listingagent #selling #refinance #realestateinvesting #futureplanning #propertychoices #growyourwealth #realestate

Designers of next-generation multifamily housing must consider the impact of changing demographics, growing health concerns, and new work patterns. Here are five key design trends shaping tomorrow’s rental apartments. https://loom.ly/PpYAZP4

Exciting news for the Indian real estate market! Our latest article dives deep into the potential of the REIT-ready office market in India. Key takeaways: Substantial market size with promising growth prospects. Healthy occupancy rates indicating strong rental income. Favorable demographics fueling long-term demand. Read the full article and gain valuable insights from a real estate expert: https://lnkd.in/gwsmBeRy #India #REITs #OfficeSpace #Investment #RealEstate Feel free to share your thoughts and comments below!

When it comes to apartment sizes... We've got you covered! 🙌 We often see accommodation sizes reflecting the National Space Standards, although when discussing apartment sizes, it's vital to think about the impact on your customers' experience. We believe that spaces should be designed with the end-user in mind: 🍽 Considering our customers' need for clear, usable zones for living and dining, 🌤 Combined with the feeling of space and light (a popular driver for renters and supporting retention) To help, we've reviewed apartment layouts from 11 different operators in the UK, averaging their apartment sizes and comparing these to the National Space Standards: - The average low end apartment size (representing the entry point) still sits towards the upper end of the NSS - The average high end data showed apartment sizes well in excess of the NSS The NSS are a useful guide and starting point for your design team, however, designing apartments that consider how the customer will use them, will keep them there for longer! Comfortable apartments are vital to support with happy, content customers, resulting in less costly voids. We can help by making specific recommendations for your development by advising against demographics and market trends. Now all you need is to work out your apartment mix! Contact Kirpal Rehinsi at [email protected] or Visit our website for more information about our consultancy services at https://bit.ly/3IbhIMD