1522 Wembley Drive: LIVE IN IT. RENT IT. INVEST IN IT.
ROI Realty Partners is excited to share our latest listing out of Plaza Midwood:
$420,000 | 2 BR | 2.5 BA | 1,153 SF | Built 2017
This is a great opportunity for primary buyers and investors looking for flexibility, income potential and long-term upside in one of Charlotte's most dynamic areas.
Located just off Central Avenue in the Plaza Midwood area, this modern home puts an investor in a position to pursue three different rental strategies: Long-Term, Mid-Term, or Short-Term:
1. LONG-TERM RENTAL — A Proven Baseline
This property previously rented for $2,100/month, or approximately $25,200 in annual gross rent.
That gives an investor a real-world rental benchmark rather than relying solely on a projected rent estimate.
2. MID-TERM RENTAL — THE FLEXIBLE PLAY
This location also lends itself to a furnished 30+ day rental strategy, giving an investor another option between traditional leasing and nightly rentals.
Mid-term rentals can be particularly attractive for:
Relocating professionals
Corporate employees
Traveling professionals
People between homes
Insurance/displacement tenants
Employees connected to Charlotte's growing employment base
3. SHORT-TERM RENTAL — ABOVE-MARKET OCCUPANCY
Our STR analysis shows approximately 46% average occupancy in the surrounding area, compared with approximately 33% for the Charlotte market based on our current market data.
That doesn't mean 46% is guaranteed for this property—but it does tell us something important:
This location is outperforming the broader Charlotte market on occupancy.
The ability to move between LTR, MTR and STR strategies gives the owner flexibility as market conditions and personal investment goals change.
THE LOCATION:
Plaza Midwood is continuing to attract major investment, employers and development:
The nearby Commonwealth development is bringing additional residential, office, retail, dining and entertainment activity to the area.
But the biggest recent announcement is:
Scout Motors selected Charlotte's Commonwealth development in Plaza Midwood for its global headquarters.
The project represents nearly $207 million in investment and is expected to bring 1,200 jobs to Charlotte by 2030. Scout plans to begin establishing its Charlotte presence in 2026, with the headquarters scaling over the following years.
These aren't just abstract development plans—the Scout headquarters is specifically being established at Commonwealth in Plaza Midwood.
For real estate investors, that's the type of economic catalyst we pay attention to:
More jobs → more employees → more housing demand → more potential rental demand.
Message us today to set up your showing!
Comments