Burlington Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Burlington, Vermont
Burlington: In the Spotlight
Burlington, Vermont is located 45 miles South of the United States - Canada border and is part of the Burlington-South Burlington Metropolitan Statistical Area. The population of Burlington is just over 42,000, making it the most populous city in the State. It also covers around 71 square miles of land. Burlington has the distinction of being the least populous city in the U.S. to be the most populous within its state.
- The unemployment rate is at an incredible low, around 1.3%.
- The median household income is $51,394.
- The median age in Burlington is 26 years old
- Burlington employs over 22,000 residents
Burlington Apartment Loan and Multifamily Property Facts
Burlington is part of the Vermont market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
- Burlington has a low vacancy of around 2.1% across all rental properties
- There has been a marginal rent increase, to $1,242 per month
- The homeownership rate is roughly 35%, which leaves around 65% of residents looking for rental properties.
Although 2020 was a difficult time in Burlington, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Burlington Apartment Loan and Lending Options
In Burlington, Vermont there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Burlington Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Burlington, VT. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Burlington is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Burlington Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.