Center Point, Alabama - Vacancy Rates
Has anyone else been noticing a slow climb in vacancy rates for Center Point properties (35215 and even parts of 35235)?
The time to lease and vacancy have been higher than expected for 2019 based on my experience from the last few years. I also see far more properties available for lease than I have noticed in the past which has me fearing over saturation.
My sample size is the dozen properties we own over there so I’m not certain if it’s our strategies or the market as a whole.
-Dave
Keywords: Birmingham, Alabama, lease, vacancy, rent, buy and hold