Property Spotlight: Two Capital Corporate Apartments in Our Nation’s Capital, Washington D.C.

“Capitol Hill” is more than just another word for Congress. It’s one of Washington D.C.’s oldest and most popular suburbs, a historic district featuring landmarks like the US Capitol Building, the Senate and House Office Buildings, the Supreme Court, the Library of Congress, the Marine Barracks, the Washington Navy Yard, and the Congressional Cemetery. The residential areas astride the wide avenues of Capitol Hill consist of row houses, Federal townhomes and other classic 19th century homes. Today’s spotlight focuses on a pair of elegant, bright basement apartments in row houses within walking distance of the Capitol. Both managed by the same outstanding owner, these apartments match the colonial era architecture and décor of their surrounds.

Corporate Housing

Our Judgment is For This Luxury Rental

Our first property is a roomy 950-square-foot luxury apartment along a tree-lined Capitol Hill street. This comfortable home is well reviewed by previous tenants and it’s no wonder. The paneled wainscoting, hardwood floors, oriental carpets, and spotlighting leave no doubt that this is a high-end destination in the heart of D.C. Professional interior design begins in the front hall, where colorful floral décor contrasts beautifully with the pastel yellow of the corridor. The living room features a decorative fireplace and a wall-mounted LCD smart TV above with an articulating arm so you can position it however you like. Enjoy your favorite shows via Netflix, Amazon, YouTube, or Comcast Premium cable. High-speed Wi-Fi assures you’ll have a clear picture and fast Internet. There’s plenty of seating for guests in this elegant space, including a sleeper sofa.

Corporate Housing

The double French doors can close off the connected den and dining room, consisting of a six seat solid wood table and chairs and a living room armchair seating area, where you can curl up with a good book or have a post-dinner drink. There is a convenient built-in desk in the den. The kitchen is appointed with stainless steel appliances that include a five-burner gas range, cabinet mounted microwave, and a toaster oven and other small appliances together with all the cooking equipment and utensils you could need. A breakfast bar makes in-kitchen dining a treat.

Corporate Housing

The master bedroom suite includes a Queen bed and dresser of matching dark solid wood frame, and a settee for enjoying the TV. The bathroom is equipped with a large walk-in tiled shower. A residential parking pass allows free street parking next to the home. An in-home washer and dryer or optional laundry service handle laundry day, but you’ll also benefit from once a month maid service.

We Second the Motion For Another Great Short Term Rental

Two entrances greet the guest to our second property, a roomy 950 square foot luxury apartment right on Capitol Street. An alarm system ensures security in this already safe area. Architect designed and appointed in traditional furnishings, the apartment mixes colonial designs with modern fixtures. Teak hardwood floors softened by oriental carpets coordinate with built-in teak bookcases spanning the living and dining room. The recessed spotlighting and chandeliers blend new and old beautifully. The living room features a massive plush sectional sofa astride the first of the home’s two LCD smart TVs. Enjoy your favorite shows via provided premium cable or via the high-speed Wi-Fi. There’s plenty of room for guests in this elegant space; a thirty-foot living room would be a great place to entertain. Double glass French doors lead to one of two patios and provide yet more natural light. Sun from the skylight also shines in on the room. You can cozy up to the fireplace with a book, or easily get some work done. Granite counters and stainless steel appliances that include a four burner gas range, cabinet mounted microwave, and a large Frigidaire refrigerator join all the cooking equipment and utensils you could need and a spacious walk-in food pantry. The master bedroom suite includes a Queen bed, walk-in closet, vanity dresser of matching dark solid wood frame, and an LCD HDTV. The full bathroom is equipped with a Jacuzzi whirlpool tub. A convenient residential parking pass allows free street parking next to the building. An in-home washer and dryer or the optional laundry service is here for your convenience and you’ll benefit from once a month maid service here too. There is a reverse osmosis water filter providing ultra clean water to you. Conveniently, if you have questions or need anything, the owner lives in the building, so you’ll get a quick response. Smoking and pets are not allowed.

Supreme Court Building

Take Two Furnished Apartments With “Supreme” Views

The owner, Steve, is a long time resident of Capitol Hill and always ready to help or answer your questions. Want to elect one of these great properties for your temporary assignment in Washington D.C.? Call him at 1-202-607-7292.

CHBO offers great properties like these for the   and every day. Check out these and other great furnished rentals today.

Lucky Seven: The USA’s Seven Hottest Housing Markets in 2017

Home ownership can be a gamble. Forces beyond your control can have a strong effect on the value of your home. Economic trends, climate change, corporate relocations, your neighbors; there’s a hundred possibilities that can improve or harm your home value. But that’s true of many investments, and historically real estate has been a good place to spend your investment money. Nowhere has it a better roll of the dice in 2017 than in these red hot real estate markets. In markets like these, people are increasingly turning to corporate rentals to find great high-quality housing options.

SEATTLE Corporate Housing

Seattle, Washington 

Seattle area homes have appreciated an average of 13.5% in the past year. This makes it the absolute hottest market in the nation. There’s not a lot of land for building, which make existing homes that much more valuable. The median single-family home value is a mind boggling $730,000. The housing market in Seattle was list this high in 2006. It experienced the bubble in 2012, and since have increased 79%, more than 20% above the 2006 high. Incomes aren’t rising as fast as home prices, but a relatively low 4.4% unemployment rate also helps.

Portland and Mount Hood Panorama. Portland, Oregon, USA.

Portland, Oregon

In 2017, Portland is growing by 111 people every day. Like other cities, there’s a shortage of housing, especially near town. New home supply is only meeting half the demand here, resulting in a 5.2% rise in home values. It should be noted that that’s 11% less than the meteoric 16% rise in 2016, and that the market is cooling slightly; it’s still plenty hot enough to make our list.

Salt Lake City, Utah

Salt Lake City-Ogden-Provo

The “next Silicon Valley” of Salt Lake and outlying communities of Ogden and Provo are growing fast. New tech startups, relocating companies, and stalwarts Marriott and Delta are pushing growth that has led to buyer bidding wars and offers of 20-25% above home values. Predicted sales and price growth are expected to top 4.5% in 2018. Ogden, 40 miles north, is expected to grow at 4.7%, while Provo will grow at a predicted 4.3%.

silicon valley, 3D rendering, blue street sign

San Jose/Sunnyvale/Santa Clara

The original Silicon Valley is here, too. Good luck finding a home to buy; 99.77% of all homes are off-market, most in the nation. Median prices here top $1 million, and with well heeled investors buying what little is available, less than 6% of homes in the area have declined in price this year.

San Francisco

San Francisco

The median price of a single-family home in San Francisco is at an all time high of 1.6 million dollars in October 2017, and at $900,000 for 2017. However, this reflected a large number of luxury home sales, while condos and smaller homes have risen less quickly and made up more of the market this year. Nevertheless, home values rose 4.7% in this slowing but still white-hot housing market.

Dallas City

Dallas/Fort Worth, Texas

A strong economy, low unemployment, and room for growth have put the metroplex on the hottest housing market list. Low corporate taxes and cost of living have resulted in more corporate headquarters here than anywhere else in the nation. Sales growth is predicted at 6%, and price growth at 5.6%, while the median home goes for $339,300. 2018 should again be a banner year for the Dallas/Fort Worth housing market.

nshvile-tn

Nashville, Tennessee

List prices have risen 89% in five years. Prices have soared 10.8% this year. Homes are selling overnight with multiple offers. A fast-growing health care sector and lower costs of living are partly fueling an influx of residents. The expected growth rate for 2018 is 7.7%, meaning Nashville’s tune will be a happy one for home owners and builders for at least the year to come.

Need a Short-Term Rental in a Hot market?

Relocating staff, project tech workers, traveling professors, travel nurses and health care professionals needing temporary housing have been turning to CHBO for outstanding corporate rental options. In hot markets like these, when buying isn’t an option, renting a high quality corporate short-term rental is a great option, allowing you to delay buying until you get the “lay of the land”, or to find temporary housing that feels like home for an extended assignment. Search for your ideal furnished housing option today, or call CHBO toll free at 877.333.2426 for five-star support!

Three Ways to Prepare Your Short Term Rental for Severe Weather

Save Download Preview flooding houses with rising water

Weather can be unpredictable. Recent hurricanes and flood events in the Caribbean, Florida, Louisiana, and Texas have shown that, as did the tragic fires in Northern California. Your corporate rental is a major investment that you want to protect. Having homeowners insurance should be a given, as well as flood insurance in low-lying areas requiring you to be covered. Beyond insurance there are other ways you can not only prepare your home but also protect yourself from income lost to severe weather that prevents a tenant’s stay. Here are three ways you can prepare your short-term rental for severe weather.

A meteorologist displaying hurricane supplies

Supply “Must Have” Items in Your Corporate Housing

Just like you would in your own home, provide basic emergency supplies for corporate tenants. Bottled water, canned food, a first-aid kit, a hand-crank radio, flashlights, and an emergency kit are important to have on hand. Secure these items in a cabinet with a combination lock. When extreme weather occurs, provide your tenants with the combination. Finally, be sure your home is well maintained both inside and out. If high winds, heavy rain or snow strike, be sure your home is up to the challenge.

TRAVEL INSURANCE

Offer Travel Protection Insurance for Hurricane Rentals

In some states where vacation rentals are more common, if you do not offer your tenants a travel insurance option, and a mandatory evacuation prevents a stay, you must refund them. However, if you offer them insurance, no refund is required. In other states, no refund is required unless your lease agreement covers it. You’ll need to know the laws regarding severe weather refunds in your state and municipality, run it by the attorney drawing up your standard lease contract.

This is distinct from a security deposit because it is different than “tenant caused” damages. CHBO’s covers you in case of tenant accidental damage, a cost that can be passed on the tenant in lieu of a security deposit.

Car covered with Ice

Add a Severe Weather Clause to Your Lease Agreement

In the case of a mandatory evacuation, you could offer a refund or a rebooking at a discount. But you need clear language that only mandatory evacuations apply; guests who are simply disappointed because rain is predicted can’t get a refund, as the home is still usable.

In the case of mandatory evacuations, you could issue a refund in advance when government authorities declare the evacuation, or if the stay is in progress, partially refund for unused days, or credit guests for a future stay.

Again, be clear that this applies only in the case that your property cannot be used due to evacuation. This happens most often with severe storms or hurricane rentals, where there are a few days of advanced notice. If roads are icy but not closed, for example, this doesn’t mean a refund as your short-term rental itself is still usable and the tenant should use chains or winter tires with four-wheel drive.

You may not be able to predict when and where severe weather strikes. You can, however, prepare your corporate rental for hurricanes and your lease as best you can so that when bad weather strikes you are ready.