Johnson City, TN -- Insights Would Be Appreciated
Hello All - I'd appreciate any insights into the Johnson City, TN rental market.
I have visited the area as its just an hour north from my comfort zone of Western North Carolina but remain on the fence about the area. For those who know it well --- is demand strong for units in the $650 to $750 range (2 beds)? How long does it typically take to fill a vacancy? Is annual rent growth happening? Is there oversupply or undersupply? Any trap doors I should be aware of or issues that would give one pause?
Thanks in advance for your insights.