Does anyone have good growth potential cities and neighborhoods from Miami to Fort Lauderdale and all the way up to West Palm Beach and the vicinity, with long term hold potential?
I’m looking for areas that you can buy eight unit or larger multi family in the $1-2m range. 6+ cap or potential for upside on rents. Value add ok but no major distressed properties.
Would love to meet with local BPers too
Hey Will I'm in West Palm Beach so give me a shout if you're ever in the area!
Nice man I put in an offer on a building in Hollywood Florida I don’t know how that’s going to go but I’ll hit you up I’ve heard good things about West Palm Beach I actually should’ve bought their 3 years ago I was looking over there Hopefully didn’t miss the boat
I know of a couple of things a little more north in Brevard County that are of varying degrees. I know one investor selling his portfolio of 8 homes - 10 cap ballpark. I also know of some that hit you numbers that are 7 units, etc. but I'm not sure if this far north will work for you. Let me know if you are interested.
Sure PM me. I'm still looking Broward County, Miami etc. I'm looking to close on a multi-family in the next 6-8 months