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Updated over 4 years ago on . Most recent reply

User Stats

104
Posts
12
Votes
Prasad J.
  • Rental Property Investor
  • Washington/Texas
12
Votes |
104
Posts

Rental market in Aberdeen, Washington

Prasad J.
  • Rental Property Investor
  • Washington/Texas
Posted

How is the rental market in Aberdeen,wa? Is there job and population growth or it's a stable low growth market? Are there any new employees moving in there?

Is it a good idea to buy an apartment there for capital appreciation? What is the market cap rate for stabilized class c apartments there?

Grays harbor county, Aberdeen apartments

Most Popular Reply

User Stats

95
Posts
65
Votes
Ryan Xu
  • Real Estate Broker
  • Bellevue, WA
65
Votes |
95
Posts
Ryan Xu
  • Real Estate Broker
  • Bellevue, WA
Replied

Aberdeen is a stable low growth market. It has a nice beach a very nice shoreline. Vacation houses over there are nice, and Airbnb businesses are good in the summer when people go fishing, crabbing, and surfing.

However, there is no sign it'll be a rapid population growth anytime soon.

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