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Updated over 6 years ago on . Most recent reply

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Noureen A S.
5
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New Amazon Distribution Center in Garner: Implications?

Noureen A S.
Posted

Does anyone expect home prices to rise of the next few years in Garner now that Amazon is bringing a new distribution center there? How do you think the new center will affect the market?

I wonder if it will bring mainly 'blue collar' jobs to the area.

Most Popular Reply

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Jiri B.
  • Rental Property Investor
  • Raleigh, NC
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157
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Jiri B.
  • Rental Property Investor
  • Raleigh, NC
Replied

Yeah as @Shaun Palmer mentioned, this will bring about 1,500 blue color jobs ($10-12/h).

I usually get the most excited about hi-paying jobs from an investment perspective. This is still good and it should bring more people to Garner. Earning $10-$12/h would qualify you for about $600 in rental property.. This is just more traffic and low income.

The construction has already started. It will be on Jones Sausage Road and close to i40. This will just bring more traffic so there will be some infrastructure improvements in that area..

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