Columbus, O. Approaching 40% Population Growth Milestone
The Columbus Region Comprehensive Economic Development Strategy (CEDS) was released for public comment by the Mid-Ohio Regional Planning Committee (MORPC), and it's looking bright in the capital city...the Columbus region is reaching the milestone of a 20-year population boom, with 40% growth from 2010-2030 and no signs of slowing...investing in Columbus might be the best decision you'll make as a long-distance investor.
Buying duplexes...the last 12mo. average sale price across the market is $260,000, or $130k/unit...buying 4-unit properties...save some cash and plan to spend about $109k/unit...
Almost forgot to mention...80% of that growth is projected to be single folks with no kids = renters
What's more interesting? The largest cities in the US are growing at less than half the rate of Columbus...in the next 50-years Columbus will eclipse locations like San Jose, Dallas, San Diego, and soon, Chicago...
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Broker Ohio (#2021007233)
- 614-379-2017
- https://www.realizepm.com/