Located in the historic Fourth Ward neighborhood of Charlotte, this townhouse at North Poplar Street is part of the desirable Hackberry Court development, built in 1995.

Recognizing the opportunity to combine steady income from existing tenants with the ability to develop the lower level for Arbol Eatery and other amenities, I pursued direct negotiations with the seller.

Recognizing the opportunity to combine steady income from existing tenants with the ability to develop the lower level for Arbol Eatery and other amenities, I pursued direct negotiations with the seller.

Recognizing the opportunity to combine steady income from existing tenants with the ability to develop the lower level for Arbol Eatery and other amenities, I pursued direct negotiations with the seller.

Recognizing the opportunity to combine steady income from existing tenants with the ability to develop the lower level for Arbol Eatery and other amenities, I pursued direct negotiations with the seller.

The lower building costs and more relaxed development regulations definitely seem like attractive reasons to keep investing, especially with the need for housing growing as people continue moving in.

The reason is so many potential types of tenants and developers will desire that dirt.

Some communities have CDD (community development district) fees.

They can be a bit on the pricey side and they can be selective on the development/construction side, but overall, they're solid.

Keep an eye on local developments that could boost property values.4.