Overview: Good building, great location, horrible business practices First, the good: the building is clean, well-maintained, and ideally situated in downtown Raleigh. The neighborhood...
Overview: Good building, great location, horrible business practices
First, the good: the building is clean, well-maintained, and ideally situated in downtown Raleigh. The neighborhood is rapidly evolving, and residents of the Hue will be located amid a bustling revitalization project taking place in Raleigh. The amenities are solid, if unspectacular. A serviceable little fitness center, a pool, and a secured parking garage. Response time on service requests varies, but the individual staff who supply maintenance are really great.
Now, the bad (and, in my opinion, a good enough reason not to rent here): the terms of the lease border on extortion. You'll notice, off the bat, that you pay for internet connectivity regardless of whether you use it. There's a trash fee, despite the fact that you're walking your own garbage and recycling down to a dumpster. And various other charges. For a building of this sort, these are all fairly standard - but just to be clear: you will be paying a $200-300 a month over sticker price, once everything adds up.
Worst: if you need to get out of your lease for any reason, you will pay them a 4 month penalty. That's right: multiply your monthly rent by 4, and prepare to hand them $6,000-$10,000 just for the right to walk out the door. What's more: the constant revolving door of leasing agents and property managers (none lasts more than a year or so) are either incapable of explaining this to residents or willfully mislead them. Buyer beware: it's a nice building, but there's a very real chance you get exploited financially for living there.