Print
Real Estate - Residential

Couple Launching Wilmington Franchise Of National Property Management Firm

By Cece Nunn, posted Jul 5, 2019
Colin (from left) and Debbie O'Connell are launching a Real Property Management Champion location in Wilmington. (Photo by Cece Nunn)

A Wilmington couple said they want to tap into the needs of a growing local rental market as they launch a Port City franchise of a national company.

Colin and Debbie O'Connell have moved into Suite 314 at 1430 Commonwealth Drive and are planning a grand opening celebration this month of their Real Property Management Champion location.

Previously, the O'Connells lived in Pinehurst and Sanford for almost two decades. Debbie O'Connell was a Realtor with RE/MAX for about 12 years in Pinehurst before she served as an accountant for the city of Arlington, Texas, and Colin O'Connell has a background in leading sales and marketing teams for manufacturers, including a $65 million company.

Explaining their journey to Wilmington, Colin O'Connell said, "I took a job in the Dallas-Fort Worth area about three years ago, and it was great job, but we missed North Carolina. And our kids had gone to UNCW and worked down here for a while, so we picked Wilmington to jump out of the corporate world and start our own thing."

The O'Connells picked Real Property Management Champion because they felt it gave them the opportunity for growth, Colin O'Connell said.

"I wanted something where we could eventually get into bringing in employees, building a business," he said.

And in Wilmington, the rental market and demand for property management services continues to expand, Colin O'Connell said, with investors buying homes downtown, the need for rentals for college students, including those who attend the University of North Carolina Wilmington, and in some cases merging households that want to keep one of their homes. 

The fact that rental units are in high demand, the O'Connells said in a news release, "has attracted sophisticated rental property investors who command a higher level of service and greater returns on their investments."

A grand opening with a formal ribbon-cutting ceremony for the O'Connells' Real Property Management Champion franchise is set to be held at noon July 23 at the Wilmington Chamber of Commerce in downtown Wilmington.

Real Property Management Champion specializes in managing single-family homes, townhomes, condos, multiplexes and small apartment buildings, according to the release. Based in Utah, it has more than 300 offices throughout the U.S. and Canada.

"Its services include finding and screening tenants, completing the lease agreements, collecting rent, arranging for any necessary repairs, and processing evictions when necessary," the release stated. "Real Property Management Champion closely monitors federal, state and local laws regarding landlord and tenants and helps property owners maintain legal compliance as changes occur."

Ico insights

INSIGHTS

SPONSORS' CONTENT
Alycephillipsnew2

Unemployed? Put Yourself On A Well-Planned Financial ‘Diet’

Alyce Phillips - Old North State Trust LLC
Dallas headshot 300x300

Growing Business Value When Times Are Tough

Dallas Romanowski - Cornerstone Business Advisors
Burrus rob headshot 300x300

Coronavirus Analytics

Robert Burrus - Cameron School of Business - UNC-Wilmington

Trending News

Office And Retail Complex Under Construction Gets Protective Touches

Cece Nunn - May 29, 2020

Attorney: Business Interruption Insurance Should Cover Virus Losses

Jenny Callison - May 28, 2020

For County's $1.3M Small Business Grant Program, More Details Coming

Cece Nunn and Christina Haley O'Neal - May 29, 2020

Chamber Launches Latin American Business Council

Christina Haley O'Neal - May 28, 2020

Local Nursing Homes Work To Keep Residents Safe And Connected

Jenny Callison - May 29, 2020

In The Current Issue

Stay-at-home Improvement

As hardware and other do-it-yourself (DIY) home improvement retailers and gardening supply stores begin to enter their busy season, they are...


MADE: Spicing Up Local Markets

RAWsalsa is a local, independent maker and seller of smallbatch, fresh salsas. Products include signature fresh tomato and fresh pineapple s...


In Beach Town, Waves Of Reopening

Business owners on Pleasure Island, which includes the New Hanover County towns of Carolina Beach and Kure Beach, share a measured enthusias...

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WILMA Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`