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Updated over 10 years ago,
Rental proximity to schools and other landmarks
I am currently looking at a multifamily unit within a 1/4 mile of an elementary school. I'm wondering if the proximity to schools would tend to have a positive/negative effect on sale/rent prices.
While we are on the subject, are there any other structures (e.g., cemetery, open space/forest, police station, Walmart vs. Whole Foods, etc.) that would have definite pluses/minuses in the perceived value of real estate? I feel like this would be a question aimed at more experienced investors who have bought/sold several properties.