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Updated over 3 years ago on . Most recent reply
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Ocala, Fl growth rate?
Does Marion Oaks, FL have a higher growth rate or Silver Springs Shores, Fl? Which area is more desirable for single family investment and have a higher rental demand?
Most Popular Reply
@Shannon D. Marion Oaks and Silver Spring Shores are very similar. Both are large communities with sections of varying desirability and a wide range of property values. You'll find everything from working class rentals to upper middle class homes within these two communities. Marion Oaks is located in SW Marion county, an area that has been experiencing tremendous growth.The Shores is in SE Marion, closer to two of Ocala's primary hospitals, etc.
Both have a mix of older sections, later builds and and both have plenty of new construction. Either would be an excellent choice and are great for holding, flipping or wholesaling. I've flipped multiple properties in both communities and they fly off the shelf. I have friends with a number of rentals in both communities and they're consistently overwhelmed with rental applicants. The question may be, "Where within these communities do you want to hold properties?"