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Updated almost 6 years ago on . Most recent reply

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Quest R.
  • Real Estate Investor
  • San Diego, CA
2
Votes |
5
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Multi Family near Ft Irwin Barstow CA - To Buy or Not To Buy

Quest R.
  • Real Estate Investor
  • San Diego, CA
Posted

Hi,

We are looking at a few multi units in barstow and we came across one which seems to at a good price (good cashflow assuming each unit rents for a minimum rent). It is very close to FT IRWIN.

But we are not sure about the investment as we are not familiar with Barstow and the local economy there.

Is Barstow a good place to own multi family units?

Is being close to Ft Irwin an advantage or a dis-advantage?

All your responses are greatly appreciated!! Thanks for the help and useful information!

Most Popular Reply

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4
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3
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Claribel E.
  • Victorville, CA
3
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4
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Claribel E.
  • Victorville, CA
Replied

I live in the Victorville area, near Barstow.  I am new to investing but I personally would not buy in Barstow.  We were stationed in Fort Irwin and I do know of many soldiers that would commute to Barstow, but the long lonely drive was dreadful.  

You can get very affordable housing rates in Barstow, however, the unemployment and economy in the area is quite low.

Most of the Barstow area is on the rough side.  

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