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Updated over 10 years ago on .

Michelle Pileggi's profile image
Michelle Pileggi's profile image
Michelle Pileggi
  • Involved In Real Estate
  • from Orlando, Florida
  • Member since Mar 23, 2015

User Stats

4
Posts
2
Votes
Michelle Pileggi's profile image
Michelle Pileggi's profile image
Michelle Pileggi
  • Involved In Real Estate
  • from Orlando, Florida
  • Member since Mar 23, 2015
Michelle Pileggi
  • Involved In Real Estate
  • Orlando, FL
2
Votes |
4
Posts
Real Estate Deal Analysis & Advice

New apartment building proposed next door to duplex

Michelle Pileggi
  • Involved In Real Estate
  • Orlando, FL
Posted

Hi everyone,

We just bought an investment duplex in a low income area and we just received notice that there is a proposal for a two phase 320 unit apartment building to be developed within 400 feet of our property. This propert was $80,000 and brings around $600 a month per unit. Will this apartment complex kill the rental value and resale value of our property? 

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