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Updated over 6 years ago, 04/28/2018
The Mill at Broadway in Sacramento, CA
Hello BP Members,
I am currently looking to acquire a rental property prior to the end of 2016 and have been highly interested in the Sacramento market. More specifically, I have been interested in a master planned community named The Mill at Broadway ( http://millatbroadway.com ). Prices for a new construction single family residence range between 300-400K. I am hoping to find more information on rent potential for these units, since surrounding rentals are not comparable to the new construction units at The Mill - any guidance on this would greatly be appreciated.
Also, any thoughts or opinions on pros and cons of purchasing a new construction unit for rental purposes?