Hello all,. I just found out yesterday that in an area I am researching for an STR, it was announced last week that the local township is in final talks to build a $350 million dollar entertainment complex about 20 minutes from the location I am looking at. Similar to the ones that they have in Myrtle Beach with aquariums, theme restaurants and other amenities. I am thinking this just enhances the rentability of an STR nearby. Thoughts?
Even if it does the project is probably 5 years or more away from completion if they just announced it, base your purchase off of current numbers and if this complex comes to fruition then it is a bonus