What is Midgett Realty?
Midgett Realty operates as a locally-owned entity specializing in vacation rentals and property management on Hatteras Island, North Carolina. The company boasts an extensive portfolio of nearly 500 rental properties, ranging from 2 to 9 bedrooms, catering to diverse vacationer needs with options for oceanfront and soundfront locations. Their offerings include amenities such as private pools, hot tubs, and pet-friendly accommodations. Beyond rentals, Midgett Realty also engages in real estate listings and construction services, positioning itself as a comprehensive resource for those seeking to vacation or invest in the Outer Banks region.
How much funding has Midgett Realty raised?
Midgett Realty has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Midgett Realty
PPP
Public-Private Partnership
What's next for Midgett Realty?
The substantial capital infusion, particularly the recent large-scale, late-stage funding, suggests Midgett Realty is poised for significant expansion and strategic development. This investment will likely fuel initiatives aimed at enhancing their property management infrastructure, expanding their real estate portfolio, and potentially broadening their service area or digital presence. The company's focus on Hatteras Island, combined with its diverse service offerings, positions it for continued growth and market leadership in the competitive vacation rental industry.
See full Midgett Realty company page
