SavAlex Enters Agreement to Purchase Residential Property in Charlotte's Belmont Area

CHARLOTTE, N.C. - Feb. 10, 2024 - PRLog -- SavAlex Homes, LLC ("SavAlex") entered into a final purchase agreement for the acquisition of residential property in Charlotte's highly sought after Belmont neighborhood.  "This is yet another amazing location for potential Charlotte homebuyers", stated Trey Brungardt, SavAlex's Head of Finance.  "This highly sought after neighborhood is conveniently found near the Queen City's Uptown.  Additionally, this particular location offers a unique view of the city's skyline.  This is another planned move by SavAlex, to build more homes for Charlotte.  We continue to acquire residential property in the foremost locations around the Queen City and build our Live the Difference Homes that offer our buyers, easy access to public transit, recreational activities, education centers, sporting events, shopping, dining, health care and an abundance of social activities."

Further, Mr. Brungardt confirmed, "SavAlex intends to continue its custom duet build strategy at the location.  Our custom duets differ, at least in our opinion, from the typical townhome in a multitude of ways; including the offering of sizable backyards, because we suppose people and their pet companions enjoy fresh air and space!  Also, Charlotte needs more housing.  As I've stated on occasion, the demand for housing in the Charlotte MSA continues to outstrip supply due to several factors including population trends, as well as the area's robust economic fitness.  By acquiring more residential lots in a concentrated fashion in prime locations, it allows us to timelier and more efficiently recognize our vision of getting more Live the Difference Homes to market!"

SavAlex continues to acquire property and build more needed homes in some of Charlotte's fastest growing areas including:  Belmont, Biddleville, Druid Hills, NoDa, Elizabeth Acres / Grier Heights, Lower South End (LoSo), Monroe-Rama Woods (MoRa), Washington Heights and West Charlotte.

Kevin Brungardt
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