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Updated about 6 years ago,
Rentals near a railroad...
I have been analyzing a property in Huston, Tx.
The property is a small multi-fam in decent shape (probably about 8k needed in repair) and in a good area. My only concern is that the building is RIGHT next to very active train tracks.
Is this a worthwhile concern? Have any of you had property near tracks or a train station? How much did it affect vacancy rates, tenants, rents, etc?
Thanks in advance for any feedback.
#firstforumpost!