Just passing on an article and information I just received.
If you’re thinking of getting into the Multi-Family Housing market as an Investor and you’re new at it, I’m sure you’ve thought a lot and hopefully have done some research. You can always contact me for more information and set up a time for a free consultation.
The Sacramento Apartment Market is one of the top 20 in the nation and is still affordable especially compared to some markets in the San Francisco Bay Area.
In our market we find it’s hard to find a 2 bedroom 1 bath apartment unit with lots of amenities for under $1,000 per month.
To get an idea of what we have for rent go to HavenRents.com and you’ll get a sense of what the prices are for various types of properties we currently have available. You can also go to the “rentals page” here on this site.
I received and thought I’d share a 2017 market projection from CBRE, a large real estate investment company that works in Retail, Office, Industrial and of course Multi-family projects through out the the country.
CLICK HERE for that article and go to Page 31 for their “Multi-Family” projections. I think you’ll appreciate their findings and conclusions. It looks to me like the Sacramento Region’s Multi-Family market should remain strong. I think this remains especially true in the smaller multi-family units, such as Duplexes, Four-Plexes or small apartment complexes. Why…? Because they haven’t built any in the last several years. Sacramento Duplexes/Four-plexes for sale don’t stay on the market very long.
So if you have stumbled on this blog site and are thinking of investing in the Residential Real Estate Market in the Sacramento area please contact me at anytime. We specialize in the Sales and Management of Single Family Homes, Duplexes, Tri-plexes, Four-plexes and small to medium sized apartment complexes.
In the Mean Time…?
Make it a Great Day…!
Ed Favinger, Broker, CRS, GRI, SFR, CDPE, favinger@rwnetwork.com 916-203-1260
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