More and more tenants are turning to townhomes as their future living spaces, and for a good reason. They are excellent options for both apartment tenants and real estate investors both. There are plenty of questions that you must educate yourself on before looking to move into or invest in townhomes for your future. These can vary from “what exactly is a townhome?” to “how can I pick the right townhome?” Read on to learn about renting townhomes, and why you should consider renting one at the Apartments of Wildewood!
What Exactly is a Townhome?
A real estate investor or apartment landlord must have a clear definition of a townhome for sale, which you might think is simple. However, because of it’s many characteristics, a lot of investors mix up townhomes for rent for other types of properties, like detached single-family condos or houses. Townhomes are technically single-family homes. The main difference with this kind of investment property is that townhomes for rent share at least one wall or two, with another townhome. So, tenants in townhomes will usually have neighbors on either side of them, but never below or above. Each townhome for sale, however, is individually owned. Townhomes for rent are usually arranged in a townhouse complex, like the Apartments of Wildewood. They normally have two or three floors as well, and many different amenities available to tenants.
Benefits of Renting a Townhome?
Townhomes for rent can make for an excellent real estate investment chance, and real estate investors have an option of different townhomes for rent in some of the best real estate markets. Row homes make up 5.6% of all the United States housing market. Here are some of the best benefits of renting townhomes:
– Real estate investors can typically find a townhome for sale that’s cheaper than most other single-family houses. This is because row homes are more affordable to build and less in demand.
– Townhomes for rent are quite popular because they’re usually located right near downtown centers or other attractive social areas. Single-family homes are a bit rare in these areas, and a lot more expensive.
– Townhomes for rent provide security and privacy. Neighbors are still close enough to keep an eye out on one another, but you still get to enjoy private entrances and levels in your home.
The Apartments of Wildewood have a friendly community that’s waiting to welcome you!
At The Apartments of Wildewood, located in beautiful in St. Mary’s Maryland, we offer homes with access to pools, an on-site gym, and maintenance whenever you need it – and have access to all the information you need to affordably rent an apartment in St. Mary’s. To set up an appointment to check out an apartment or townhouse rental from The Apartments at Wildewood, call us at 301.737.0737 or visit the website!