Speedway or Fountains Square

[Yash Aeron]

Good morning, it's my first post!!  I'm looking to invest in Indiana, specifically in multi units and found a few in Fountains Square and some in the Speedway area.  

Need advice on which one is better and why.  Fountains square seems to be the more hip and up and coming area so appreciation and rent should continue to increase while Speedway is more stable and appreciation and rent won't increase as much, these are what I'm seeing and reading in general online as well as talking to some agents.

I'm not looking for a rehab etc, these properties are leased and won't require any immediate repairs/maintenance.

Any feedback would be greatly appreciated.

thanks in advance

[Jay Hinrichs]

Quote from @Kerry Noble Jr:

Youre absolutely right on your observations so far.......Speedway schools are better.....FS is definitely an appreciation play.....speedway will be more stable though.....like you said.....feel free to connect if you wanna discuss more.....been here all my life and very knowledgeable about the city

kerry.. curious why you think FS would be less stable.. with all the new builds there and price points well above 300k to 400k your buyers are well established folks who by and large keep their properties very nice etc etc.. Speedway if I remember right was/ is just older mid century stock with very little infill building or new builds ???  did I miss something in Speedway ?