Michael Guthrie: “My Pro Tip For Real Estate Investing In Charlottesville, Virginia”

by Jerry Miller, Publisher

Roy Wheeler Realty Co. CEO Michael Guthrie offers this “Pro Tip For Real Estate Investing In Charlottesville, Virginia” on I Love CVille Real Estate presented by Intrastate Inc.

Jerry Miller: Alright, from an investment standpoint, if you are a commercial or real estate investor, where should you put your dollars in Charlottesville?

Michael Guthrie: Ok, I’m going to give you my secret, and my agents are going to be mad at me. I actually think the Orangedale Neighborhood is the sleeper right now.

It’s a neighborhood with duplexes. They trade anywhere from $100-$150K. If you know where Orangedale is, it’s five minutes from Wegmans and from everything that’s happening over there. Plus, as Charlottesville comes south, if the strategic investment area comes about, you’re five or ten minutes from there. You’re an easy five minute drive to Brazos Tacos.

I mean, why wouldn’t you want to live there for that reason alone?

Jerry Miller: I totally agree with that. I think the Southside of Charlottesville is where the money is going to be, it’s the hot spot of Charlottesville, without question…

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Jerry Miller, CEO & Publisher

Jerry Miller is the founder & CEO of I Love CVille, VMV Brands and I Love CVille Real Estate, which are all head-quartered on The Historic Charlottesville Downtown Mall. Jerry is passionate about the #ShopLocal movement and supporting local merchants, restaurants, breweries and wineries. Get to know Jerry at JerryMillerNow.com.