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Updated over 2 years ago,
Feedback on Eastside Neighborhood - Rental Investment
Hello,
I have been successful at investing in the Eastside area of San Antonio. I read that some of the developments that were slated to be kicked off are now up in the air. Specifically, Essex Modern City which was a mixed-use development on the Eastside is now up for sale. I am an out-of-state investor & the east side is an area that is being gentrified. Previously, my criteria was always west of New Braunfels Ave.
To any realtors that know the EastSide area (west of HWY 10 toward downtown) well enough to comment, what is your feedback on the area? It looks like flips and new construction are moving east of New Braunfels Ave, how attractive are these areas for rentals (Jefferson Heights, Harvard Place, etc)? I know the EastSide has a high crime rate so I'd hate to purchase a new property that I can't rent out. I haven't had an issue west of New Braunfels Ave. Are there any other planned developments in this area?
Thank you!
Sandra R