Anyone investing in Spartanburg, SC
Spartanburg has recently caught my eye. The city has put a lot of time and resources into revitalizing the downtown area and developers are coming in to build/rehab office buildings and hotels. BMW has a manufacturing plant in the process of adding a 1 billion dollar facility to their current one, GE has a large plant, and several national chains have their headquarters there. Real estate is really cheap (40k for a 3/1) and rents are between $600-$800. Crime rates are high, but have come down steadily in the past few years. It seems like just a matter of time before the real estate market catches up with the development around.
Anyone on BP investing in this area or have any thoughts?
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Spartanburg County still have some deals in the area. I think its still a good place to invest.