Alcove
Alcove is a platform for shared living that offers private bedrooms in single-family houses with all-inclusive rent and a fully online rental process. It provides solutions for both tenants and landlords, including automated management features and high occupancy rates in various U.S. cities.
Company Overview
Alcove is a platform that facilitates shared living by offering private bedrooms within single-family houses. The entire rental process with Alcove is conducted online, encompassing applying to a bedroom, meeting potential roommates, signing lease agreements, and managing the home. The platform streamlines the experience for both renters and landlords.
Services
Alcove provides a comprehensive suite of services aimed at simplifying the shared living experience. These services include utilities, WiFi, shared furniture, and lawn maintenance. Additional platform features include automated applications, background checks via TransUnion, virtual tours, roommate support, and e-signing. Alcove syndicates listings to over 40 real estate and roommate listing sites to enhance visibility.
Rental Process
The rental process with Alcove is designed to be 100% online. Renters can apply for a bedroom, meet their prospective roommates, sign the lease, and manage the home without any in-person interactions. The application process includes comprehensive screening that covers credit, criminal, eviction histories, and income insights via TransUnion.
Property Management Solutions
Alcove offers robust solutions for landlords and property managers. These solutions aim to maximize rental income, minimize vacancy periods, and automate the overall management process. Features include automated applications, background checks, and e-signing, helping to streamline the management of multiple properties. Alcove's model has proven effective with an average occupancy rate of 95% across its listings.
Locations
Alcove offers rooms starting from $450 in various locations. The service areas include major cities such as Charlotte, NC, Atlanta, GA, Durham, NC, Raleigh, NC, Greensboro, NC, Winston Salem, NC, Austin, TX, and San Antonio, TX. Flexible lease options are also available for specialized groups like travel nurses and other essential workers near major hospitals.
