Ocala investors, what's the attraction?

[Bernard Joseph S.]

Currently investing along the Gulf coast for obvious reasons but looking to see what opportunities there are in central Florida. What info can you provide about Ocala from a multifamily investor standpoint?

[Tyler Gibson]

Quote from @Bernard Joseph S.:

Currently investing along the Gulf coast for obvious reasons but looking to see what opportunities there are in central Florida. What info can you provide about Ocala from a multifamily investor standpoint?

Ocala's been a steadily growing market. I think one of the big attractions is the purchase price to rent ratio. People are moving to the area because there are jobs available in the distribution centers that can be located along interstate 75. The other employer is the service industry in the city of the villages. Many of these service workers find housing in nearby Ocala or the city of leesburg. This is because the villages is a 55 plus community and many of the people working in the service industry jobs located within the community are not 55 therefore they must find somewhere else to live nearby.