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Updated about 9 years ago on . Most recent reply
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How are the markets for multi-family in Virginia
Hi - I am an investor in Northern Virginia and own a number of properties here. I am looking to expand into multi-family but have found that there are not a lot of opportunities to purchase that type of asset in this area. So I have decided to look further out in places like Richmond or even the Virginia Beach area. Does anyone out there have expertise in the multi-family space out there? Or are there other areas in Virginia worth considering? I am looking to purchase in the $2 million range and expect to hire a property manager for the property. Thanks!
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Multifamily housing is almost non-existant in Northern Virginia. I think something like 11 properties traded in the last 2 years. Ive gone down to the Hampton Roads area to view multi's down there, but I did not care for the properties I saw
- Russell Brazil
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- Podcast Guest on Show #192
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