Where perfection meets design.
At Neighborhood Properties, we strive to develop, lease, and maintain quality neighborhoods in and around Charlottesville. We are committed to providing more than just a nice home or apartment; we want you to enjoy your neighborhood experience! Our team is dedicated to creating a sense of community and providing top-notch customer service to our residents.
Our Story
In December of 1980, Richard T. Spurzem made his first real estate investment as a 19-year-old, Second-year Echols Scholar at the University of Virginia. He responded to a classified ad in the Daily Progress advertising a house on Douglas Ave. in Belmont for sale at its assessed value. With two partners (including future Charlottesville Mayor Blake Caravati), they paid $15,300 for the run-down house with $2,800 cash down and seller financing for the rest. They renovated the house into two apartments. A few months later, Richard purchased his first property on his own, again with the help of seller financing as interest rates were at an all-time high of 18+%. With a "rinse and repeat" strategy of buying a house, fixing it up, renting it out, and re-financing it to pull cash out for the next deal, Spurzem has spent the last 40 years building and upgrading a residential real estate portfolio in Charlottesville, Albemarle, and the surrounding areas.
Our Services
We offer a wide range of services to meet the needs of our residents, including:
- Leasing of apartments, houses, and condos in various neighborhoods and locations
- Rental policies and applications
- Online tenant portal for easy rent payment and maintenance requests
- Maintenance request form for any issues or concerns
*Featured properties showcasing our available listings
Our Mission
Our mission is to provide quality neighborhoods and exceptional customer service to our residents. We strive to create a sense of community and make our residents feel at home. We are committed to being a leader in the Charlottesville real estate market and providing top-notch service to our residents.
Overall Review Summary
Mixed Reviews
The reviews of Neighborhood Properties range from highly positive to extremely negative. While some reviewers have had good experiences with the company, others have been extremely dissatisfied.
Quality of Rentals
Some reviewers have commended the company's straightforward rental process, great locations, and responsive maintenance. However, others have reported issues with the condition of their rentals, including moldy air ducts, poor yard maintenance, and lack of insulation.
Customer Service
There are concerns about the company's customer service. Some reviewers have reported being treated rudely by the owner, while others have experienced poor communication and a lack of empathy.
Financial Issues
Financial issues have also plagued reviewers, including overpriced rents, unexpected fees, and disputed charges.
Conclusion
While some reviewers have had positive experiences with Neighborhood Properties, the majority of reviewers have reported negative experiences. Potential renters and current residents should exercise caution and thoroughly research the company before committing.
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