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Updated over 7 years ago, 08/30/2017
South Huntsville Al: Is this a Good hold Market? Please Help!
My Partner and I just got into contract on a 4 Plex in south Huntsville AL. It is our FIRST deal, and now we are getting to wonder if the huntsville market is a good market for buy and hold. When we put our offer in there was only one for 4Plex on the street for sale and now there is 4! Is there a reason all of sudden multiple units are now up for sale? Is Huntsville a stable enough market to keep our fourplex fully occupied? We are buying in an area where school ratings are a 10. It is only 10 min from RedStone Aresonal off the Bailey cove area. Please if anyone has investment properties or knowledge of the huntsville area and market, let us know if we are picking the right area or if we should go into a hotter market like houston or somewhere.
Thanks, Michael P