Apartment building near a college

[Allen Claussen]

My wife and I are looking into buying a 13-unit apartment building near a college. Every way I put numbers in from the BP calculators, it comes out great. The building looks great but has been on the market for almost 3 months.

My question is… Can someone tell me about their experience in investing into an apartment building near a college? What are the benefits and the downfalls of your experience?

Thanks!

Allen Claussen