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Updated about 5 years ago on . Most recent reply

User Stats

92
Posts
37
Votes
Yonia B.
  • Realtor
  • Monmouth County
37
Votes |
92
Posts

Buying Multi Family In Atlantic City During Pandemic

Yonia B.
  • Realtor
  • Monmouth County
Posted

I am looking to buy a couple of multi family properties in Atlantic City as I am seeing a great potential for buy and hold.  However, I am worried that due to this pandemic, AC will now take longer to recover or to implement all the great ideas it had in its redevelopment plan to bring AC back to it's great days.  On the other hand, if I wait after pandemic or longer, I might not see these great prices for multi family properties within blocks of the beach again.  Anyone out there that owns properties in Atlantic City?  I would like to hear the opinions and views of other investors out there that have bought in AC or are thinking of buying in AC.

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