What To Look For In A Studio Apartment

Best Studio Apartment Features

Moving into a studio might be a worthy option to consider if you’re looking to save money on rent without taking on a roommate or settling for a less-than-ideal location. Depending on the area, studio apartments can cost hundreds of dollars less than most one-bedroom apartments.

At the same time, living in a studio apartment might be an adjustment for first-time renters. However, if you can locate one that meets your needs and is reasonably priced, you might find the experience more pleasant than you’d initially expect.

Here are five things to look for when hunting for a quality studio apartment.

1) Sufficient Livable Space

Your studio apartment’s living space should make you feel at ease. While studio apartments tend toward the small size, you shouldn’t settle for a living space that makes you feel claustrophobic. Instead, ensure the main area of your studio apartment has enough room for a desk, a living area, and a bedroom area. Your house should feel like a home, not a monk’s cell, no matter what size.

2) Ample Natural Light

Most studio apartments have large windows, making a small studio apartment feel bigger. The direction the windows face will affect how much light the flat gets. North and south-facing windows don’t get direct sun. East or west exposure guarantees light (at least during the day).

Because light creates the sense of a larger apartment, buy curtains that don’t block windows when open. You can also hang mirrors across from windows to increase natural light in your workspace.

More lighting can help decrease energy waste as you’ll use less electric lighting during the day without sacrificing brightness and visibility.

what to look for efficient apartment

3) Vertical Space

Because you’ll have limited horizontal space in a studio, look for a place with generous ceiling height. High ceilings can make your apartment look more prominent and provide more room to hang stuff.

Install shelves for extra storage and mount your TV to a wall to avoid needing a TV stand. Choose tall bookshelves or dressers to maximize vertical space and save floor space.

4) Generous Storage

Living in a studio apartment doesn’t mean sacrificing storage space. On the contrary, you’ll need that storage because a small area can quickly get cluttered and disorganized. Keeping extra items in a closet area will make your space look neater, more organized, and bigger.

Closets may not be enough if you’re downsizing from a larger home. Instead, look for an apartment complex with storage units if you can’t fit a piece of furniture in your studio. Basements and parking garages often have spots reserved for this purpose.

5) Full-Sized Appliances

A smaller apartment shouldn’t mean smaller appliances. If you enjoy cooking, your studio apartment should include a normal-sized fridge and stove. Studio apartments with a dishwasher or washer and dryer are rare, but a studio apartment that offers full-sized appliances will make for a nicer living experience.

features of efficient apartment

Living In Style No Matter the Size

Studio apartments have a lot to offer the right renter. Most are located in the most vibrant parts of a community—close to fine dining, entertainment, and bustling nightlife. Many apartment communities also offer onsite gyms, secure access, and social areas.

Take your time and know what you’re looking for. Then, when you find the right place, you’ll know.

What Should I Do With My Apartment While On Vacation?

Vacations are great, aren’t they?

Unfortunately, you might worry that your apartment will be okay while you’re gone.

The good news is that it doesn’t take much work to prep your apartment before leaving for a well-deserved vacation. Before you head to the beach, mountains, or entertainment park, go through the following to ensure you can relax while you’re away.

Conduct a Quick Clean-Up

No one looks forward to returning home to odd smells, spoiled food, and fruit flies. The day before you leave, make sure to:

– Throw out perishable and nearly-expired items in the refrigerator.
– Throw out open fruits, vegetables, and similar items. If you have open bags of chips or other snacks, make sure they’re either tightly sealed or thrown away.
– Go through your pantry and throw out or tightly seal open food packages or containers.
– Wash and put away all dishes, then give your sink a good rinsing, followed by thorough drying.
– Make sure your coffee maker is empty and clean—including the basket.
– Check your washer and dryer to ensure all clothes have finished washing and drying and have been put away.
– If you have cut flowers, throw them away and wash their vases.
– Bag and throw out all trash, including the kitchen, bathroom, and bedroom.

how to leave your apartment for vacation

Set Your Apartment to “Vacation Mode”

After cleaning, complete the following checklist to put your efficient apartment into vacation mode.

1) Set up timer plugs to automatically turn lights on and off at certain times, or consider smart plugs allowing you to turn on lights or television remotely from a smartphone.
2) To save energy, unplug small appliances that may be drawing power even when not in active use. If you can, lower the temperature of your water heater.
3) If the weather at home won’t be cold enough to threaten frozen pipes, lower your thermostats to help save on energy costs.
4) Ensure all water faucets are completely turned off.
5) Test smoke and carbon monoxide detectors.
6) Put subscriptions on pause, including newspaper delivery and food delivery.
7) Put a temporary hold on mail delivery.
8) Check that all windows are securely locked.

apartment maintenance tips

Have Someone Check In From Time To Time

One of the surest ways to take care of your apartment, whether a studio or a 2-bedroom, while you’re away is to enlist the help of a relative, friend, or neighbor. This is especially true if you keep live plants or small pets. A helpful person can:

– Water your plants.
– Collect any forgotten deliveries.
– Ensure nothing alarming has occurred, such as a burst water pipe or break-in attempt.
– Help make your apartment look lived in.
– Feed fish or other small pets. Visit, feed, and play with a cat and clean their litter box.

If you’re going to be gone for a long while, or don’t have anyone handy to check in on your apartment for you, talk with your landlord or property management company to see if they can check in on your place from time to time.

Enjoy Your Vacation With Confidence

Prepping your apartment for a vacation is a bit of a chore, but it’s well worth it knowing you’ll be returning from your vacation to fewer hassles. The process is straightforward, and with just a little planning, it doesn’t need much time.

Follow the steps laid out above, and enjoy your time away. You’ve earned it!

How Apartment Dwellers Can Lower Their Utility Bills

In a time when people are more aware of their carbon footprint and how their choices impact the environment, it’s no surprise that many are looking for ways to lower their utility bills. Luckily, apartment dwellers have a few options for reducing their energy consumption and saving money.

Let’s talk about a few ways to lower your utility bills as an apartment dweller.

1) Use Curtains To Insulate Windows

Windows can be a significant source of treated indoor air loss in apartments, especially if they’re not double-paned. One way to reduce heat loss through windows is to use heavy curtains for added insulation and increased privacy. Not only do curtains add style and sophistication to apartment decor, but they can help block out potential drafts and air leaks that drive up energy consumption.

2) Use A Smart Thermostat

A smart thermostat empowers apartment dwellers to save energy and lower utility bills. Smart thermostats are programmable and adjust the temperature on a schedule to prevent wasting energy when no one is home.

tips for energy efficient apartment

3) Use Ceiling Fans

Ceiling fans circulate air, making it feel cooler in the summer without raising energy expenses. Putting your ceiling fan in reverse to run clockwise during the colder months pushes warm air down from the ceiling, making the area beneath warmer.

4) Turn Off Electronics When Not In Use

One of the biggest energy-wasters in many homes is leaving electronics turned on even if nobody is using them. Fortunately, many modern devices have built-in technology detecting inactivity and automatically turning off appliances.

5) Take Shorter Showers

Were you aware that water heating accounts for roughly 18% of the average household’s energy use? That means that anything you can do to reduce your hot water usage will help lower your utility bills. One way to reduce hot water use is to take shorter showers. Try setting a timer for yourself and see how much time you can save by cutting your shower time in half.

These are just a few approaches apartment dwellers can take to lower their utility bills. By making a few small changes, you can save money and energy. And who doesn’t want that? When everyone works together to reduce energy consumption, it benefits us all.

*****

At Link Apartments®, we strive to make green living not just a choice but an intuitive lifestyle for our residents. Our community offers green initiatives that make going green easier, such as recycling bins to encourage recycling and energy-efficient appliances to save on electricity usage. In addition, on-site bike storage and nearby access to public transportation promote alternative transportation forms.

These sustainability efforts benefit the environment and contribute to residents’ better quality of life. We are proud to support sustainability and green initiatives in our community. We are always open to new ways to reduce our carbon footprint, helping to ensure a sustainable future for generations to come.

Why The Carolinas Are So Popular For Relocation

Relocating To The Carolina’s

Over the past few years, many people have been examining their lives and wondering if they couldn’t do better—both in job opportunities and quality of life.

Many are finding the answer in North and South Carolina.

Why?

Whether you’re considering Charlotte, Raleigh, Winston-Salem, Charleston, Greenville, or elsewhere, you’ve got a lot of great reasons for relocating.

Here are a few.

1) Affordability

First, it’s more affordable. The cost of living can be between 10 and 12 percent cheaper than the national average, and people can find a wealth of affordable apartments available. Many apartments are designed to attract young professionals with coworking spaces, pools, gyms, monitored parking, and easy access to all sorts of recreation.

2) Great Weather

As for the weather, the Carolinas enjoy all four seasons, but none are so extreme as to be uncomfortable. Summers get warm, then move on to pleasant falls, manageable winters, and lively springtimes. And the local landscape is perfect for enjoying the weather with beaches, mountains, and miles and miles of hiking trails and campgrounds.

why relocate north carolina

3) Fine Food

Southern cuisine is famous the world over. You get that and more when you live in North or South Carolina. Not only will you find many restaurants serving local dishes and delicacies, but the Carolinas’ urban centers are also home to restaurants featuring international food experiences.

4) Fantastic Job Market

Many people move to the Carolinas for their healthy, growing economies. The job market in both states has exceeded many others and continues to offer excellent opportunities to those who have suffered work loss due to Covid-19 or are looking to grow their careers.

North Carolina is fast becoming a national hub for hospital management, medical sciences and technology, information technology, publishing, and finance.

South Carolina has much of the same to offer, including a solid manufacturing base, centers for marketing and publicity, and a strong hospitality industry.

And both North and South Carolina are centers for research and scholarship with internationally-recognized universities, museums, and libraries.

5) Close To Where You Want To Be

When you live in North or South Carolina, you’re within easy reach of some of the best destinations in the United States. From Charlotte, NC, for instance, you’re only a 4-hour drive from Atlanta, less than six from Washington, DC, and less than eight from Orlando or Nashville.

North and South Carolina are also home to several international airports ready to jet you anywhere in the world.

finding a place to live in carolinas

6) Southern Charm and Hospitality

Finally, you can’t forget a long tradition of Southern charm and hospitality. Don’t be surprised to make new friends on any walk through a park, gym or museum visit, or while visiting the local brewpub. The Carolinas are where people are always willing to help a new neighbor. Southerners pride themselves on their manners and politeness, and it shows.

Find Out More Today

To learn more about what you can find in North or South Carolina for you, call us today to help get you started. Or, start browsing communities in the Carolina’s most popular cities!

Innovative Amenities That Are Changing Apartment Living

In 2022, there are many reasons to be excited about apartment living. In just a few years, we’ve seen apartments become more than just places to live – they’ve become thriving and engaged communities.

And as people everywhere have adjusted their lifestyles to fit the new millennium, community and apartment amenities have followed suit to meet the changing needs of tenants.

Here are a handful of innovative amenities that are changing apartment living for the better:

1) EV Charging Stations

As more and more people ditch their gas-guzzling cars in favor of electric vehicles, it’s becoming increasingly crucial for apartments to have EV charging stations on site. This feature helps streamline everyday living for tenants who only need to use a car occasionally.

2) Work From Home Lounges

Just because you’re working from home doesn’t mean you have to stay home! On-property Work From Home Lounges is becoming increasingly popular, giving tenants a place to get out of the house and get some work done in a professional setting.

best apartment amenities 2023

3) Community Centers With Chef’s Demo Kitchen

When you want to entertain or have a party, apartment communities with a Chef’s Demo Kitchen offer the perfect place to celebrate. Use the commercial-grade appliances to prepare a meal for your guests, then enjoy the party in a beautiful setting.

4) EV Car Sharing Programs

No problem if you don’t own a vehicle! EV car-sharing programs are becoming more and more popular in apartment communities. For people who only need to use a car occasionally, it’s a great way to save money and reduce your carbon footprint.

5) Bark Parks

Let us not forget about our furbabies! On-site bark parks and dog grooming areas make life easier for pet parents and are a great way to meet other pet-friendly tenants.

apartment dog parks

6) In-Unit Washers And Dryers

Why waste time, energy, and quarters at the laundromat when your apartment features a full-size washer and dryer? It’s a luxury that more and more tenants are demanding, and it’s one that landlords are happy to provide.

7) USB Charging Outlets

Considering that a USB cord now powers nearly everything we use, it’s no wonder that apartments are starting to install USB charging outlets in every unit. No more fighting over outlets or hunting for that elusive adapter – plug in and go!

8) Locations With High Walk Scores

If you’re looking for an apartment near everything you need, look for one with a high Walk Score. That means you’ll be able to walk to restaurants, grocery stores, parks, and more – making life easier and giving you some much-needed exercise.

These are just a few innovative amenities that are changing apartment living. And, with units ranging from Junior Suites and Studios to spacious three-bedrooms, you have all the space and innovative amenities you need to live your best life.

These are just a few of the innovative amenities’ residents love to enjoy at our Link Apartments® communities. Find one near you!

What To Do Before Moving Into A New Apartment

On the move?

As soon as you sign the lease for your new apartment, you need to knuckle down and begin the moving process.

Here are the things you need to do to ensure your move to your new apartment is hassle-free and as easy as possible.

Before Moving

First, ensure you’ve notified your current landlord that you’re not renewing your lease and will be moving. Tell them what day you’ll be moving out, and see if there is anything special you need to do before turning in your keys.

Don’t forget to clean up!

Next, check with your new landlord about when you can pick up the keys, what day you can begin moving in, and where you should park while doing so. Finally, ensure that security deposits and the first month’s rent are taken care of, and you understand when rent is due and how it should be paid.

new apartment tips

Take Care of Utilities

Your lease will usually cover a few utilities, such as water and trash. Setting up other utilities will be your responsibility. Cancel, transfer, or set up services (electricity, gas, cable, internet, etc.) from your old apartment to your new one.

Update Address Info

Get a change-of-address form from the USPS and fill it out. The forward date should match the day you move into your new apartment. You’ll also want to update your information with your bank, credit card, car loan provider, various subscriptions, etc. Finally, don’t forget to let friends and family know about your new address.

Packing Up

Start earlier than later. Begin with belongings you won’t need immediately, such as books, wall art, DVDs, decorations, memorabilia, etc. This is also an excellent time to pack out-of-season clothing and dishware/cookware you won’t need immediately.

As you get closer to moving day, start packing more immediate items, or at least have them ready to box up the night before moving day. This would also be the time to disassemble as much furniture as practical.

best tips for moving into a new apartment

Consider Renting Storage

If you’re downsizing or planning on a whole new look for your living space, you may want to look into renting some secured storage space. This will allow you more room to work on your new apartment, how it will be laid out, and to choose what stays and what goes.

Additional Tips

The above items are just the basics. Some other things you may want to consider as you move to your new apartment include:
– Explore your new neighborhood. Learn the locations of stores, restaurants, parks, libraries, etc. It’s also a good way to meet new neighbors.
– Shop for new furniture. Now is the time to abandon brick-and-board bookshelves and go for something more grown-up.
– Get renters insurance. This will help protect your belongings from fire, theft, and water damage. It’s often cheaper than replacing everything out-of-pocket.
– Hire professional movers. They’re insured, so your belongings are covered while being moved, and they’re well-practiced in the art of moving furniture and other belongings quickly, efficiently, and safely.

Moving Made Easy

Moving to a new place can be a big chore. Fortunately, with some careful planning, there’s no reason it shouldn’t go smoothly. Soon you’ll be kicking up your feet and enjoying your new apartment in comfort and satisfaction. Enjoy.

Are you still looking for a new home? Then be sure to check out our communities!

What Makes An Apartment ‘Energy-Efficient’?

There can be a lot of factors to consider when renting a new apartment.

Many people consider location, local services, amenities, and rental costs. Another factor high on peoples’ list is how energy-efficient an apartment might be.

Energy efficiency is essential for a couple of excellent reasons. First, it means less being paid for services that have become increasingly expensive over the years. As importantly, many people feel invested in the environment and the necessity for not being wasteful when using energy or water unnecessarily.

Here are some questions to ask when looking at a new apartment to determine how energy-efficient it is.

Do They Offer Energy-Efficient Appliances?

Many common appliances, such as air conditioners, dishwashers, refrigerators, clothes washers, and dryers, are rated by ENERGY STAR® and will save energy and money. While there are no ENERGY STAR® ratings for ovens or microwaves, you can still take note of the model of an appliance to see how energy efficient it is.

new apartment features

Is the Apartment Water Wasteful?

Ask about what low-flow fixtures have been installed. Compared to many traditional fixtures, these can reduce water consumption by at least 20 percent.

Also, look at the toilet. Toilets made after 1980 can’t use more than 3.5 gallons per flush, but that can still add up to a lot of wasted water. Newer Water Sense toilets have brought that down to around 1.3 gallons per flush, saving several thousands of gallons of water wasted yearly.

Are Appliances and HVAC Systems Properly Maintained?

Air conditioning, heating, and hot water are often taken for granted—until something goes wrong. While it’s reasonable to expect a landlord to fix a non-working HVAC system or water heater, it’s also vital that they keep up with proper maintenance. A heating system that technically works, but does not work optimally, will cost more to operate. The same goes for air conditioning and water heaters. Make sure yearly maintenance is part of your landlord agreement.

Ideally, your apartment should have relatively new HVAC systems and water heaters as they will more likely be energy efficient.

efficiency apartment near me

Can You Review the Apartment’s Energy Bill History?

Check what utilities are covered by your rental agreement. Even if you aren’t technically paying for the utility, you can still be interested in how much energy is consumed. Your landlord should be able to provide this information if they’re the one being billed.

If the landlord can’t provide this information, or previous tenants covered their own bills, you can contact the local utility provider and request an estimate to see how energy efficient the apartment is.

Energy-Efficiency Starts At Home

While these questions are all good ones to ask when choosing an energy-efficient apartment, don’t forget there are things you can do personally.
– Invest in LED lightbulbs
– Use reusable shopping bags
– Unplug unused electronics and other small appliances when not in use
– Recycle whenever possible
– Use public transportation or other environmentally-friendly modes of transportation

Fortunately, it doesn’t take a lot of extra work to live a more environmentally-conscious lifestyle. Choosing an energy-efficient apartment and adopting environmentally-friendly habits can go a long way in conserving resources and saving money.

If you are looking for a new energy-efficient apartment near you, find a Link Apartments® community near you!

Self-Sufficient Living Tips in a Apartment

What is self-sufficient living?

It means being less wasteful at home, making better use of available resources, and maybe growing a little of your own food. These are all laudable goals and easily attainable for most people—even those living in apartments.

Here are a few tips you can use today to get started on the road to self-sufficiency.

Gardening At Home

With groceries of all types becoming more expensive these days, it pays to look at ways you can produce some of your food at home.

Small pots and window planters make ideal places to grow the herbs you need for cooking. Put basil, parsley, cilantro, and thyme in the sunny spots, and your parsley and chives in the shadier areas.

If you have a small porch, you can easily set up a few tomato or pepper plants—many of which can be purchased ready-to-go from many home and garden shops. Research small composting solutions so you can make your own fertilizer on your balcony without upsetting the neighbors.

sustainable apartment living

Cut Down On Water Waste

If you’re the sort to have a lot of half-drunk water bottles about, consider consolidating them into full bottles and putting them back in the fridge. You’re saving water and lowering your carbon footprint slightly by not running out to buy bottled water so often.

Another good option for unused water is to use it to water your plants.

Why let good water go to waste? If you don’t want it, your plants will.

Become a DIY Machine

Aside from valuable sites such as wikiHow, eHow, and Mother Earth News, you can find easy, step-by-step video instructions for anything you can imagine on YouTube.

Once you learn a skill, you become less dependent upon another to provide for you. Making your household items like soap or cleaners also means you control the contents and chemicals you come into contact with. And have you seen the price of curtains these days? Making your own can save you significant money.

Finally, consider taking up canning. It is a great way to preserve food and stock up, so you have a year-round supply. You can be making and preserving your own pickles, corn relish, salsa, and more in one afternoon with only the investment of some lidded jars, a few spices, and a large pot of boiling water. After some basic canning experience, you can step it up a notch and make your jellies and other foodstuffs by adding a pressure cooker.

best sustainable living tips

Anyone Can Adopt a Self-Sufficient Lifestyle

These tips barely scratch the surface of the myriad ways you can start living self-sufficiently from the comfort of your apartment. There’s no need to buy a farm and move to the country.

Start small, and nurture small changes in your routine, and you’ll soon find self-sufficiency is within easy grasp. Similarly, you’ll also discover many new ways to have greater control over your life and environmental impact.

If you are currently looking for a new sustainable apartment, be sure to check out our communities!

Characteristics of a ‘Walkable’ Apartment Community

Walkable Apartment Communities

Technically, one supposes that all communities are walkable, but not all walkable communities are equal.

The true measure of a walkable community is the number of benefits it provides residents. And having a walkable neighborhood can profoundly affect how well residents enjoy a particular apartment community.

Some aspects of an excellent walkable community should be apparent—attractive buildings, safe streets, and friendly neighbors.

But there’s a lot more that makes a community walkable in the best sense of the word.

Restaurants and Shopping Within Easy Walking Distance

A good community should be able to provide for all of life’s little conveniences and desires, to whit, good food, and shopping. There should be a choice of restaurants ranging from dine-in to takeout, with various levels of quality and cost. This gives residents a chance to socialize, relax, and take a break from their own lives.

And when there’s a need for supplies—be it food for the refrigerator or clothes for the closet, convenient retail shopping is another component of a good walkable community. Ideally, the community can also include a pharmacy and all-purpose retail store.

find walkable apartment near me

Good Pedestrian Layout

Some walkable communities come about organically as people and businesses come and go. Some are designed to appeal to existing residents and business owners or to attract new ones.

In either case, crumbling, narrow sidewalks, poor lighting, lack of parking, absence of bicycling lanes, and other issues can all take away from how much a neighborhood is enjoyed.

Wide sidewalks, designated parking lots, elegant and practical streetlights, and—perhaps most importantly—clean and fresh-looking building facades do a lot to help bring people out of their apartments and out exploring the community.

Plenty of Public Space

Parks (both for people and pets), causeways, public squares, and courtyards give residents safe places to gather, play, or relax. These sites serve well for public performances, picnic spots, or just outdoor areas for residents to linger when the weather is nice. All the better if these sites and the streets leading to them are lined with trees and other greenery.

walkable apartments for rent

Transportation Options

Even though they’re called “walking” communities, access to other forms of transportation makes a significant difference. This can include bike lanes and public transportation options such as buses or trains.

Good parking is also a must for those driving in for work or recreation.

A Variety of Real Estate

A walking neighborhood consists of more than apartment complexes, condos, and storefronts. It’s not uncommon to see a corporate headquarters sitting next to an apartment building, with a row of townhouses across the street and a small movie theater on the corner.

It’s about more than just variety for variety’s sake. More, it’s about the wide range of people who come to a walkable neighborhood—residents, business people, business patrons, retail and restaurant workers, and commuters. Everyone can enjoy a walking community whether they’re going to work or school, getting a bite to eat, food shopping, or perusing the local bookstore.

find an apartment that is walkable

A Neighborhood For Everyone

A walkable neighborhood does best when it appeals to as many different people as possible. So, while the residents are the ones to stand to gain the most from a well-put-together community, everyone stands to benefit in terms of commerce, socializing, and a pleasing work environment.

No one wants to stay cooped up in their apartment. People want to experience life, and having an ideal walkable neighborhood can help provide that. Find one today and browse our communities!

Grubb Properties Makes a Name For Itself in Qualified Opportunity Zone Apartments

Qualified Opportunity Zone (QOZ) investing is one of the most potent combinations of tax incentives, capital deployment opportunities, and community impact that has ever been made available to investors. The program’s primary goal is to encourage investors to reinvest their capital gains in low-income areas by providing significant tax benefits.

Charlotte developer Clay Grubb has been exploring ways to balance unprecedented demand for affordable housing with an investment vehicle that guarantees solid returns.

Opportunity Zone Apartments

Growth With Link Apartments®

Since 2019, Grubb Properties has raised about $350 million from about 800 individual investors to develop apartments in tax-advantaged Opportunity Zones. Late last year, shareholders of three Grubb Properties funds agreed to consolidate into the Link Apartments® Opportunity Zone real estate investment trust.

In the past few years, Grubb Properties has received around $350 million from over 800 private investors to create residences in tax-favored Opportunity Zones. More recently, Grubb Properties fund shareholders have agreed to merge and form a Link Apartments® Opportunity Zone real estate investment trust. Grubb Properties is the only group in North Carolina to raise this much money for Opportunity Zone multifamily investments.

Apartments under the Link Apartments® brand have been financed by Grubb Properties funds in regions ranging from Washington, D.C., to Los Angeles and northern California. There are approximately 4,935 units in the 19 Link Apartments® communities, with 16 more in development or under construction. The Charlotte, Triad, and Triangle metro areas all have Link neighborhoods.

tax-advantaged Opportunity Zones

Investing In Essential Housing

Grubb Properties specializes in developing “essential housing,” often described as units affordable to those earning from 60% to 140% of an area’s median income. Link Apartments® are mainly in urban areas and are popular with people under age 40. Many are early career nurses, teachers, municipal workers, and other professionals.

The company keeps rents lower than other apartment developers by focusing on design and cost benefits. For example, Link Apartments® offer only six floor plans designed for maximum efficiency. Using the same plans saves on architectural designs and allows construction to proceed more smoothly.

The first Link Apartments® opened in Richmond, Virginia, in 2012, although most of the venture’s growth has occurred in the last few years. Opportunity Zone funds have encouraged investors seeking tax benefits and exposure to the booming real estate market to get involved. Approximately half of Grubb Properties’ investors come from registered investment advisers in the United States, with the remainder coming through alternate marketing channels.

The enacted legislation requires that Opportunity Zone properties be held for at least ten years to achieve the maximum tax benefit. Grubb Properties already has plans to hold these apartments for a lengthy period because they believe the demand for affordable housing is a long-term trend.