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Updated over 5 years ago on . Most recent reply

Spencer Gray's profile image
Spencer Gray's profile image
Spencer Gray
  • Syndication Expert and Investor
  • from Indianapolis, IN
  • Member since Feb 12, 2016
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Spencer Gray's profile image
Spencer Gray's profile image
Spencer Gray
  • Syndication Expert and Investor
  • from Indianapolis, IN
  • Member since Feb 12, 2016
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Spencer Gray
  • Syndication Expert and Investor
  • Indianapolis, IN
807
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591
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Multi-Family and Apartment Investing

Deal next to an airport

Spencer Gray
  • Syndication Expert and Investor
  • Indianapolis, IN
Posted

In the deal I'm looking at there is a significant amount of new employment opportunities and office development surrounding the airport with little apartment product in the vicinity. 

Has anyone bought a deal in proximity to a relatively busy airport? What was your experience?

Is the noise enough of a turnoff to residents that it effects leasing and/or retention ? How about when it comes to sell? 

Thanks in advance BP team!

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