Investment research groups across the country have proven time and again that central business districts trump suburbs for apartment investment returns. That conclusion has guided an urban-centric strategy in recent years, yet it deserves a large, overlooked asterisk mark.
Within the nation’s core 50 markets, 88% of all apartment units are located outside of CBDs. That’s a massive group. Too large, we would argue, for meaningful analysis. A more useful analysis would break down the 88% into subgroups.
Read more...In “Good” Suburbs, Apartment Investment Returns Match the Urban Core | Property Management Insider
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