Concord Rental Market?
Any investors currently owning rental in Concord, NC? If so, what are you typically getting for rent for a 1 bed/1 bath or 2 bed/1 bath? How long does it typically take to put a tenant into the property? Is there a high vacancy rate?
I have a rental in Gastonia and one in Kannapolis, but any reference points for Concord would be greatly appreciated as I am thinking of branching out into that market. Thanks!
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Hey Anatoly I own and manage several in these areas. Rent can vary in Concord depending on location, but regardless, I have never had a hard time placing tenants, Market is extremely strong. I've seen rates on 2 bed SFR in Concord from $675-$750.