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Updated almost 8 years ago on . Most recent reply
Looking Insights/Advice on the Tucson Arizona Market??
California Realtor and investor looking for properties in AZ from Phoenix to Tucson area and looking for some local knowledge. What is the Tucson market doing lately? Mainly looking for mid to large Multi-family properties...so how is the rental market doing out there lately? Average rents? Occupancy? Local job market? I would have to assume University of Arizona helps the rental market surrounding the campus area? Any insights and advice would be appreciated from my fellow BPers, Haven't seen much on this site regarding Tucson Pros & Cons so please share :)
Most Popular Reply
Don't know about Tucson but PHX is strong for rentals and projected to continue growing as millenials aren't as interested in buying SFH right off the bat (and many too burdened with student loans). AZREIA last month was about multi fams and apartments, guest speaker @AnthonyChara talked about apartments across the country being even better than usual for investing for the near future. Jobs and population growth is strong here, Maricopa one of the fastest growing counties in US.