Multifamily Investing in Lakeland, FL

Multi-Family and Apartment Investing
5yFollow

Multifamily Investing in Lakeland, FL

Ty MartellPro Member
Member since 2020 · 31 posts · 6 votes

Hello, 

Looking to invest in Multifamily property (triplex-4plex) in Lakeland, FL using a buy and hold strategy. are there people familiar with this area? is there a general area in Lakeland to stay away from? 

0Reply
13 views

Most Popular Reply

Jorge VazquezBusiness Member
Real Estate Broker · Tampa, FL · Member since 2017 · 1k+ posts · 680 votes
5y

Own many properties in the bay and the ones in Lakeland have been performing the best. 

Graystone Investment Group4.6268 Reviews
WebsiteView Page
2Reply
See this reply in the discussion

7 Replies

Jump to latestLatest
  • Tyler GibsonBusiness Member
    Real Estate Agent · Orlando, FL · Member since 2017 · 1k+ posts · 2k+ votes
    5y

    Yes I am familiar with the area. Most of the area is fine but as with most towns their are some pockets to avoid.

    [email protected]407-590-9858
    GPG Team 596 Reviews
    WebsiteView Page
    1Reply
  • Rick Trivedi
    Real Estate Broker · San Jose, Dublin CA and Florida · Member since 2017 · 165 posts · 48 votes
    5y

    Agree with @Tyler Gibson. Lakeland in fact is one of the up and coming with ton of potential due to the proximity to the freeway and new manufacturing jobs coming there.

    1Reply
  • Jim Stout
    Real Estate Broker · Broker in FL, GA & NC · Member since 2021 · 54 posts · 34 votes
    5y

    The North end of Lakeland is where people prefer to move for primary residences, but Lakeland is growing West toward Tampa at a rapid pace. Lots of national home builders are buying land in the West and slowly transforming that rural area to the new Lakeland. For now see if you can find something to the North closer to I-4.

    0Reply
  • Jorge VazquezBusiness Member
    Real Estate Broker · Tampa, FL · Member since 2017 · 1k+ posts · 680 votes
    5y

    Own many properties in the bay and the ones in Lakeland have been performing the best. 

    Graystone Investment Group4.6268 Reviews
    WebsiteView Page
    2Reply
  • Ty MartellPro Member
    OP
    Member since 2020 · 31 posts · 6 votes
    5y

    @Rick Trivedi & @Jim Stout, Hi Rick and Jim thank you for the insight. Seems like there is a lot of current and future potential with Lakeland.

    0Reply
  • Tyler Hall
    New to Real Estate · Pensacola, FL · Member since 2020 · 56 posts · 19 votes
    5y

    @Jorge Vazquez I was just looking at properties for sale in Lakeland and it seems like you’re really getting the most bang for your buck. It seems like the prices are cheaper than riverview/Brandon areas but the rents are about the same as those areas. Have you had any luck with multi-families in Lakeland or just SFHs?

    0Reply
  • Tyler Hall
    New to Real Estate · Pensacola, FL · Member since 2020 · 56 posts · 19 votes
    5y

    @Ty Martell like most people are saying Lakeland is up and coming and that due to is location between to major cities with i4 running right through it. I’ve been looking on Zillow for multi-families in there and there are some but they go fast. Good luck! Hopefully you find something great!

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free