MARK TO MARKET OPPORTUNITY
Opportunity to capture $150+ delta between competitive set without appreciable capital investment.
LOW MAINTENANCE FINISHES
Historic finishes like exposed brick, hardwood and concrete flooring are always in demand and will help keep turn costs and general maintenance below market.
SOLID RENTER BASE
62% of Petersburg residents are renters, either by choice or necessity, offering property owners considerable leverage when setting asking rents and terms.
STRONG SUBMARKET GROWTH
Demographic reports show that local population has grown more than 7% in the last several years, especially among renters by necessity. Demographics point to solid growth among those 30 to 55, who typically pay more in rent.
PROXIMITY TO EMPLOYMENT & HIGHER EDUCATION
Easy commute to numerous employment centers and universities, offering residents a wealth of employment and educational opportunities.
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