Louisville Property Management
What you need to know about Louisville property management and real estate investing
When you partner with a property management company you are literally handing them the keys to the front door of your real estate – BE CAUTIOUS!
There is only one Colorado property management company that offers:
the integrity of a family owned business
the professionalism of industry experts
the kindness of people who care
the trust earned through 40 years
the satisfaction of serving our neighbors
the peace of mind that you are working with the best
a relationship you can depend on
Property Management is not just our business, it is a relationship between us, our owner-clients and our tenant-residents. If these are important to you, then we may be a good fit to provide you, your property, and your tenant-resident with our award- winning property management service.
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Pros and Cons of Investing in Louisville Real Estate
Louisville is a big place and can often also mean surrounding communities. Therefore, for the purposes of this information we are referring to "Louisville" as the downtown area and the immediate city area within Louisville city limits.
The short answer is that Louisville real estate is booming! Both the rental market and the sales market seem to hit new record highs each month.
If you are considering investing in Louisville real estate, one question you must ask yourself is how much more upside is there? When compared to East coast and West coast, real estate price Louisville are still low. And given the migration into Louisville from the East and West coast - we believe the Louisville market is stable and will continue to appreciate (but at a slower rate than the past few years).
One risk associated with downtown Louisville investing is that you will be competing with a lot of new class-A multi-family rental product. Louisville may not be 'overbuilt' yet; but there is a lot of new building and at a very fast pace.
If you are looking for a stable market, amazing amenities, pride of ownership and very strong trending rental market - Louisville is your place for a long term buy and hold.
THE PROS
- Close to Denver and Boulder
- Attractive Community Amenities
- Strong Job Market
THE CONS
- CAP rate (investment rate of return) is lower than some other areas
- Housing Affordability
Overall Louisville Real Estate Investment Rating:
A-
Louisville Investment Rental Property Fast Facts:
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Average Louisville Home Price
$554,200
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Real Estate Appreciation Over Past 12 Months
Up 13.2%
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Average Louisville Household Income
$100,188
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Percentage of Louisville homes that are rental properties
29.8%
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Louisville Resident Median Age
42.1
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Poverty Level
5.43%
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Median Brighton Housing Rental Rates
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Brighton Rental Trend Summary
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Brighton County Rent Trends By Bedroom
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Top 5 Brighton property management companies
listed alphabetically
- Blue Sage Realty
- Echo Summit Property Management
- Grace Property Management
- Real Property Management
- Taylor Realty Group