Charleston Rental Properties Acquires Tin Roof Properties03/22/2021
Charleston Rental Properties is excited to announce that we recently completed the acquisition of Tin Roof Properties LLC based in North Charleston, SC, with assets including 75 current residential rental property management agreements throughout the Charleston tri-county area. With the recent addition of Tin Roof, CRP now manages 400 properties throughout the Charleston area, totaling $160M in client-owned property.
“We’re thrilled to add this portfolio of properties to our growing company,” said Daniel Gowdown, Co-Owner and Broker-In-Charge. “These residential rentals are primarily located West of the Cooper in North Charleston and Summerville, which expands our reach and scope in these thriving Lowcountry communities.”
Robert Davis, CRP General Manager added, “Our team works diligently to offer industry leading service to our clients, and we’re eager to introduce our personalized and attentive approach to each of these new property owners.”
CRP provides comprehensive property management services to homeowners and investors in Mount Pleasant, Daniel Island, Charleston, James Island, North Charleston, Summerville, and all points in between. In March 2021, CRP opened a second rental office on Old Trolley Road in Summerville to support the growing needs of the North Charleston corridor.
“More than ever, Charleston is on the radar for relocation and with remote working opportunities attracting even more people to the Lowcountry, the need for rental properties and real estate services have grown exponentially during the pandemic,” said Gowdown. “Investors are bullish on the Charleston market and want to expand their residential real estate portfolios. We help people understand the combined economies of real estate and property management, while protecting their assets and ensuring they generate income.”
Gowdown recently redefined the mission of CRP’s affiliate company CRP Real Estate, to provide turnkey solutions for real estate investors through expert real estate representation, reliable resources for property improvements, and dependable property management services.
“Our real estate company is vertically integrated with our property management company to help residential real estate investors with the purchase, management, and sale of assets,” said Gowdown. “We have referral-based attorneys, mortgage lenders, accountants, and insurance experts to help maximize the return on our clients’ real estate investments. Essentially, we provide a comprehensive solution to residential real estate investing in Charleston, with expert guidance every step of the way.”
Charleston Rental Properties is aggressively searching for additional Lowcountry property management companies to acquire. The company is also laser focused on adding residential properties to its management portfolio to meet the high demands of the Lowcountry rental market.