Thursday, May 18, 2017
Cato Homes' first model is 3 bedrooms, 2 baths and can be purchased for under $50,000.
"Why rent, when you could buy?"asks Cato Properties
If you think it's impossible to buy a new three-bedroom, two-bath home in Belmont for $50,000, you need to talk to Tammey Thomas. She's the owner of Cato Properties, which just entered the manufactured home sales market after four decades of renting lots in a community off Wilkinson Boulevard in Belmont.
Cato Properties kicked off a three-day open house (May 19-21) with a Chamber ribbon-cutting and lunch at a new model home at 75 Wallace Ave., Belmont, NC 28012. Tammey's father Charles Cato founded Cato Rentals 40 years ago, and the company now has more than 270 mobile home lots available in the community, which features all occupant-owned homes. Owners in the community are not permitted to rent their homes.
One fully furnished and decorated model home is available now in the community and more are planned. "Why rent, when you could buy," is the slogan for the pet-friendly community, which has a mix of young, mature, single, married, widowed and retired residents.
The lot rentals and home sales office for Cato Properties is at 7101 Wilkinson Blvd., Belmont, NC 28012. Tammey Thomas is the contact for lot rentals, and Laura Ogle is the home sales manager. For more information, call 704.825.2946, or visit www.catohomes.com.
Tammey Thomas cuts the ribbon with Laura Ogle and manufactured homes consultant Ken Corbin. Belmont Mayor Charlie Martin (second from left) attended the celebration and lunch along with dozens of Chamber members and friends, including members of the Belmont Police and Fire Departments. Holding the ribbon are Chamber Board member Melia Lyerly of Lyerly Agency and former Board Chair Timothy Roberts of Cottage Keepers. Holding the banner, provided by Cato Properties, are Neil Brennen (left) and Jeff Davenport (behind banner) of Davenport Printing.