Would You Buy A SFR Rental Directly Across From A Park?

Would You Buy A SFR Rental Directly Across From A Park?

Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes

Though I would see what the general concensus it. Good, bad, or indifferent? Positives? Negatives? Any thoughts appreciated...

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  • Investor · Cincinnati, OH · Member since 2013 · 64 posts · 1 vote
    13y

    I would... It seems like it would attract people who care about their kids and want a decent place to live for their family.

  • Flipper/Rehabber · Austin, TX · Member since 2009 · 405 posts · 168 votes
    13y

    It depends on the area - I bought one right beside a park and couldn't sell it because of all the drug dealing going on in that park. Good luck!

  • Real Estate Agent · Henderson, NV · Member since 2011 · 1k+ posts · 550 votes
    13y

    Drive by at night and on the weekend.

  • Real Estate Investor · Audubon, PA · Member since 2009 · 13k+ posts · 8k+ votes
    13y

    Parks are recreational areas; unfortunately, different people have different ideas of what recreation means - to some that is kids playing, and others think it means drugs and prostitution. Figure out what types of activities are actually transpiring in that park first.

  • Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
    13y

    If crime isn't an issue it seems like a good idea. My sister lives across the street from a park. Great view from her front porch and she can watch her kids play from the house. It is definitely desirable in her case as people have asked her to call when she is ready to sell.

  • Roy N.Pro Member
    Rental Property Investor · Fredericton, New Brunswick · Member since 2013 · 7k+ posts · 4k+ votes
    13y

    As others have indicated, it depends on the types of recreation taking place in the park.

    I am presently considering a property whose backyard opens onto a City playground. The property is in "Universityville", but they playground could make it attractive to mature students, or new lecturers/professors, with young children.

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