Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago, 01/29/2021

User Stats

14
Posts
7
Votes
Kim H.
  • Dallas, TX
7
Votes |
14
Posts

How to Market an Opportunity Zone Property

Kim H.
  • Dallas, TX
Posted

I just found out a small 9 unit multi-family that I own is in an Opportunity Zone. I've owned it for 7 years. The reason I found out it is in an opportunity zone is because I was thinking about adding 24 units to the property (over 5-10 years) and went to the city to see if they would allow and/or offer any incentives. They told me about the opportunity zone. So it got me to thinking maybe instead of investing more in the property I could just sell it. The property is on "main street" in a town being revitalized. And is adjacent to the metro train station that connects a major university and downtown.

I realize it doesn't benefit me now. However, when I get ready to sell it, does being in an Opportunity Zone increase the value? How would I market it correctly to reach investors looking to purchase in an Opportunity Zone? I'm thinking MLS isn't going to reach this potential buyer pool.

Loading replies...