Case Studies
Stories from real homeowners who leased their properties on Alcove.
Pathfinder Way, Raleigh
4 bed / 3.5 bath
Alcove Rent Rate: $3,030/mo
NOI Increase: $10,264 (+202%)
Lease Up Time: 7 days
Summer Violet Ln, Raleigh
3 bed / 3.5 bath
Alcove Rent Rate: $2,685/mo
NOI Increase: $9,465 (+182%)
Lease Up Time: 20 days
Forrester St, Durham
3 bed / 1 bath
Alcove Rent Rate: $2,020/mo
NOI Increase: $8,334 (+271%)
Lease Up Time: 10 days
Chert Ln, Raleigh
3 bed / 3.5 bath
Alcove Rent Rate: $2,800/mo
NOI Increase: $9,103 (+135%)
Lease Up Time: 0 days
Henslowe Dr, Raleigh
6 bed / 3 bath
Alcove Rent Rate: $3,600/mo
NOI Increase: $15,787 (+257%)
Lease Up Time: 16 days
Country House St, Charlotte
4 bed / 2.5 bath
Alcove Rent Rate: $2,950/mo
NOI Increase: $9,384 (+132%)
Lease Up Time: 5 days
Blueshot Ct, Charlotte
3 bed / 2 bath
Alcove Rent Rate: $2,550/mo
NOI Increase: $7,075 (+120%)
Lease Up Time: 0 days
Nia Rd, Charlotte
3 bed / 2.5 bath
Alcove Rent Rate: $2,600/mo
NOI Increase: $8,688 (+162%)
Lease Up Time: 0 days
Guildford Hill Ln, Charlotte
3 bed / 2.5 bath
Alcove Rent Rate: $2,225/mo
NOI Increase: $10,313 (+402%)
Lease Up Time: 6 days
Agnew Dr, Charlotte
6 bed / 3.5 bath
Alcove Rent Rate: $4,500/mo
NOI Increase: $18,433 (+213%)
Lease Up Time: 42 days
Lavender Meadows Ct, Monroe
5 bed / 3 bath
Alcove Rent Rate: $3,525/mo
NOI Increase: $11,611 (+135%)
Lease Up Time: 14 days
Newfoundland Ct, Charlotte
3 bed / 2.5 bath
Alcove Rent Rate: $2,425/mo
NOI Increase: $6,479 (+115%)
Lease Up Time: 14 days
Bayrose Cir, Atlanta
3 bed / 3.5 bath
Alcove Rent Rate: $3,091/mo
NOI Increase: $15,057 (+267%)
Lease Up Time: 0 days
East Ave NW, Atlanta
4 bed / 2.5 bath
Alcove Rent Rate: $3,040/mo
NOI Increase: $8,237 (+62%)
Lease Up Time: 12 days
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Pathfinder Way, Northeast Raleigh
Eliud is an in-state investor landlord working in the technology industry. He found Alcove organically through an online search after buying this newly built investment property. His property has seen promising results since then, boasting a total rent earned of $5,800 within this short timeframe. The lease-up process was swift, taking only 7 days, and the occupancy rate has been maintained at 100% since the lease-up.
Property & Tenant Details:
Region | Northeast Raleigh |
Bed / Bath | 4 bed / 3.5 bath |
Roommates | All females, ages 20s-60s |
Avg Length of Stay | 9 months |
Returns Summary:
Monthly Rate (Traditional) | $2,094/mo |
Monthly Rate (Alcove) | $3,030/mo |
NOI Increase | $10,264 (+202%) |
Lease Up Time | 7 days |
Stabilized Occupancy | 100% |
Summer Violet Ln, Southeast Raleigh
Nithin is an in-state investor landlord who works in the technology industry and has been utilizing Alcove for the past two years. He now has 5 properties with Alcove. During this time, he has achieved significant success in maximizing rental income and maintaining high occupancy rates for his properties.
Property & Tenant Details:
Region | Southeast Raleigh |
Bed / Bath | 3 bed / 3.5 bath |
Roommates | Mixed gender, ages 20s |
Avg Length of Stay | 12 months |
Returns Summary:
Monthly Rate (Traditional) | $1,895/mo |
Monthly Rate (Alcove) | $2,685/mo |
NOI Increase | $9,465 (+182%) |
Lease Up Time | 20 days |
Stabilized Occupancy | 100% |
Forrester St, North Durham
Alexis, an in-state realtor and property owner in North Durham, sought to maximize the performance of his rental property portfolio while minimizing the complexities of property management. Alexis found Alcove while simultaneously trying to rent out his property on Zillow. Partnering with Alcove, Alexis embarked on a journey to enhance his rental property's profitability and operational efficiency.
Property & Tenant Details:
Region | North Durham |
Bed / Bath | 3 bed / 1 bath |
Roommates | Mixed gender, ages 20s-40s |
Avg Length of Stay | 5 months |
Returns Summary:
Monthly Rate (Traditional) | $1,300/mo |
Monthly Rate (Alcove) | $2,020/mo |
NOI Increase | $8,334 (+271%) |
Lease Up Time | 10 days |
Stabilized Occupancy | 100% |
Chert Ln, Southeast Raleigh
Mahesh, an out-of-state investor landlord, sought to purchase investment properties without the need to hire a local property manager. Partnering with Alcove three years ago, Mahesh embarked on a journey to grow his real estate portfolio and now has 6 properties with Alcove.
Property & Tenant Details:
Region | Southeast Raleigh |
Bed / Bath | 3 bed / 3.5 bath |
Roommates | Mixed gender, ages 20s-30s |
Avg Length of Stay | 14 months |
Returns Summary:
Monthly Rate (Traditional) | $2,050/mo |
Monthly Rate (Alcove) | $2,800/mo |
NOI Increase | $9,103 (+135%) |
Lease Up Time | 0 days |
Stabilized Occupancy | 100% |
Henslowe Dr, South Raleigh
Martha, an in-state property owner in Raleigh working in the business industry, aimed to maximize the performance of her rental property while minimizing the administrative burden of property management. Engaging with Alcove three years ago, Martha embarked on a collaborative effort to enhance the financial returns of her two properties.
Property & Tenant Details:
Region | South Raleigh |
Bed / Bath | 6 bed / 3 bath |
Roommates | All males, ages 20s-30s |
Avg Length of Stay | 10 months |
Returns Summary:
Monthly Rate (Traditional) | $1,999/mo |
Monthly Rate (Alcove) | $3,600/mo |
NOI Increase | $15,787 (+257%) |
Lease Up Time | 16 days |
Stabilized Occupancy | 91% |
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Country House St, Southwest Charlotte
Nikhil, an in-state property owner in Charlotte working in the financial industry, sought to optimize the performance of his rental property portfolio while minimizing the administrative burden of property management. Referred to Alcove by a friend nine months ago, Nikhil embarked on a collaborative effort to enhance his property's financial returns and operational efficiency.
Property & Tenant Details:
Region | Southwest Charlotte |
Bed / Bath | 4 bed / 2.5 bath |
Roommates | Mixed gender, ages 20s-30s |
Avg Length of Stay | 15 months |
Returns Summary:
Monthly Rate (Traditional) | $2,092/mo |
Monthly Rate (Alcove) | $2,950/mo |
NOI Increase | $9,384 (+132%) |
Lease Up Time | 5 days |
Stabilized Occupancy | 100% |
Blueshot Ct, Southwest Charlotte
Tyron, a retired in-state property owner in Charlotte was referred to Alcove nine months ago. Facing challenges in efficiently filling vacancies within his property, leading to potential income loss and increased turnover costs, Tryon leveraged Alcove's streamlined leasing processes. By pre-screening tenants and expediting documentation procedures, vacancies were promptly filled upon turnover, ensuring uninterrupted rental income streams.
Property & Tenant Details:
Region | Southwest Charlotte |
Bed / Bath | 3 bed / 2 bath |
Roommates | All males, 20s-60s |
Avg Length of Stay | 12 months |
Returns Summary:
Monthly Rate (Traditional) | $1,976/mo |
Monthly Rate (Alcove) | $2,550/mo |
NOI Increase | $7,075 (+120%) |
Lease Up Time | 0 days |
Stabilized Occupancy | 97% |
Nia Rd, East Charlotte
Varsha T is an out-of-state investment landlord working in the technology industry. Managing rental properties when you do not live locally can be demanding, especially in a competitive market. Seeking to streamline operations and maximize returns, Varsha was referred to Alcove and began her partnership seven months ago.
Property & Tenant Details:
Region | East Charlotte |
Bed / Bath | 3 bed / 2.5 bath |
Roommates | Mixed gender, ages 20s-30s |
Avg Length of Stay | 11 months |
Returns Summary:
Monthly Rate (Traditional) | $1,878/mo |
Monthly Rate (Alcove) | $2,600/mo |
NOI Increase | $8,688 (+162%) |
Lease Up Time | 0 days |
Stabilized Occupancy | 98% |
Guildford Hill Ln, East Charlotte
Gurdeep, an out of state investor landlord working in the technology industry, recognized the challenges of managing rental properties efficiently. Seeking to optimize rental income and streamline operations, Gurdeep partnered with Alcove a year ago after being referred by his realtor.
Property & Tenant Details:
Region | East Charlotte |
Bed / Bath | 3 bed / 2.5 bath |
Roommates | Mixed gender, ages 20s-30s |
Avg Length of Stay | 11 months |
Returns Summary:
Monthly Rate (Traditional) | $1,331/mo |
Monthly Rate (Alcove) | $2,225/mo |
NOI Increase | $10,313 (+402%) |
Lease Up Time | 6 days |
Stabilized Occupancy | 100% |
Agnew Dr, Southwest Charlotte
Jayesh, an in-state investor landlord working in the technology industry, aimed to optimize the management of his rental property portfolio. Recognizing the importance of maximizing rental income and minimizing vacancies, Jayesh partnered with Alcove nine months ago after being referred by a friend.
Property & Tenant Details:
Region | Southwest Charlotte |
Bed / Bath | 6 bed / 3.5 bath |
Roommates | Mixed gender, ages 20s-30s |
Avg Length of Stay | 12 months |
Returns Summary:
Monthly Rate (Traditional) | $2,700/mo |
Monthly Rate (Alcove) | $4,500/mo |
NOI Increase | $18,433 (+231%) |
Lease Up Time | 42 days |
Stabilized Occupancy | 99% |
Lavender Meadows Ct, Monroe
Rohan, an in-state property owner working in the business industry, sought to maximize the performance of his rental property while minimizing the complexities of property management. Rohan partnered with Alcove three months ago after being referred to Alcove.
Property & Tenant Details:
Region | Monroe |
Bed / Bath | 5 bed / 3 bath |
Roommates | Mixed gender, ages 20s-50s |
Avg Length of Stay | 13 months |
Returns Summary:
Monthly Rate (Traditional) | $2,400/mo |
Monthly Rate (Alcove) | $3,525/mo |
NOI Increase | $11,611 (+135%) |
Lease Up Time | 14 days |
Stabilized Occupancy | 100% |
Newfoundland Ct, Northwest Charlotte
Johnnie S, an in-state property owner in Charlotte working in the technology industry, faced challenges in minimizing vacancy periods between tenant turnovers, impacting rental income and overall property performance. Seeking to maximize returns, Johnnie removed his listing from Zillow and partnered with Alcove after learning about them through an online search.
Property & Tenant Details:
Region | Northwest Charlotte |
Bed / Bath | 3 bed / 2.5 bath |
Roommates | Mixed gender, ages 20s |
Avg Length of Stay | 12 months |
Returns Summary:
Monthly Rate (Traditional) | $1,900/mo |
Monthly Rate (Alcove) | $2,425/mo |
NOI Increase | $8,109 (+115%) |
Lease Up Time | 14 days |
Stabilized Occupancy | 100% |
Bayrose Cir, Southwest Atlanta
Abe O, an out-of-state investor landlord working in the technology industry, recognized the complexities of managing rental properties efficiently. Seeking to maximize rental income and streamline operations, Abe partnered with Alcove over a year ago.
Property & Tenant Details:
Region | Southwest Atlanta |
Bed / Bath | 3 bed / 3.5 bath |
Roommates | Mixed gender, ages 20s |
Avg Length of Stay | 11 months |
Returns Summary:
Monthly Rate (Traditional) | $1,800/mo |
Monthly Rate (Alcove) | $3,091/mo |
NOI Increase | $15,057 (+267%) |
Lease Up Time | 0 days |
Stabilized Occupancy | 98% |
East Ave NW, Northwest Atlanta
Danny, an in-state investor landlord in the sports industry, recognized the importance of efficient property management to maximize rental income. Seeking to streamline operations and enhance profitability, Danny partnered with Alcove nine months ago after finding them through an online search.
Property & Tenant Details:
Region | Southwest Atlanta |
Bed / Bath | 4 bed / 2.5 bath |
Roommates | All males, ages 20s-30s |
Avg Length of Stay | 13 months |
Returns Summary:
Monthly Rate (Traditional) | $2,294/mo |
Monthly Rate (Alcove) | $3,040/mo |
NOI Increase | $8,237 (+62%) |
Lease Up Time | 12 days |
Stabilized Occupancy | 100% |
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