The future of multi-family housing market remains prosperous in the Southeastern United States, Florida, Georgia, North and South Carolina.
From the roof to the foundation and everything in between, SWET Construction Group gets the results you’re looking for. If your property is in need of routine maintenance or a fresh, attractive look for new clients, we will meet and even exceed your expectations in a timely and professional manner.
In a recent article in the Wall Street Journal, “How to Profit From Rising Rents: Build Apartments”, reveals rising rents makes multi-family housing a great investment.
Average rents nationwide rose 4.6% in 2015, the biggest gain since before the recession, according to real-estate researcher Reis Inc. Rents have increased by more than 20% since the beginning of 2010. Most economists expect 2016 to be another strong year. The average monthly U.S. apartment rent now stands at nearly $1,180, up from about $1,125 a year ago, according to Reis.
Over the next three years, developers are expected to build almost one million apartments in the U.S., more than the nearly 900,000 constructed over the previous three, according to researcher Axiometrics Inc.
Today’s construction of multi-family housing is becoming healthier, smarter and all-inclusive. SWET Construction Group is a full service company who understands the big picture and well as the small details. We have the experience and knowledge to handle large multi-family construction to a more modest dimensions. We take pride in our professionalism and innovative approach, we are known for our quick turn around on projects and being cost efficient.
The SWET Construction Group is a premier contractor for new construction and renovations of multi-family housing, apartments, medical communities, and hospitality industry. We are committed to quality new construction and renovations of existing buildings. We pride ourselves in client satisfaction, delivering the highest efficiency craftsmanship and unmatched expertise and value.