Looking for Advice on Investing in Metaire, LA

[Amanda Bahil]

Hi all. I'm scoping out a new market that isn't familiar to me and keep hearing conflicting things about the area. I've come across a few potentially good condo properties (as far as the numbers go) in Metaire / Fat City, Louisiana, but keep getting hung up on whether or not the area is worth the investment.

I've spoken to numerous agents, and while they've all agreed that the area is currently undergoing revitalization, based on what they say about the area in general, I haven't really been able to figure out if that will translate into a good rental market. Honestly, I can't figure out if the current rental market, pre-revitalization, is even good. The agents seem to give conflicting info on whether or not Fat City is a 'good' area (translation: safe, desirable rental market) with some saying they wouldn't even consider buying in that area of Metaire - saying they would "only" consider buying on the west side, around the University City area, where the Chateau Golf & Country club are. So truly I'm looking for any info regarding Metaire as a whole, and then more specifically, about the Fat City area- and ANY other areas in Metaire that you may have experience with or know anything about.

Any advice at all - no matter how small - is welcome!

Thank you!!

Amanda