Revitalization and growth in Downtown Tucson

[Benjamin Riehle]

A recent article in the Arizona Daily Star talks about the substantial investment potential and recent radical growth in neighborhoods near Downtown Tucson. The Barrio Hollywood Neighborhood was one of these neighborhoods that was hit hard during the housing crisis, but has recently seen home prices soaring.

I recently made a large investment in the area, and am excited to see attention it is garnering from the local community. Unlike most organizations, I believe in keeping the historic look of the neighborhood, and revitalizing the homes, while allowing them to keep their rustic charm.

According to the article the amount of sold listings has more than doubled since 2015 and home prices have increased from $113,000 to $143,000 in the last six months

Although the neighborhood may not be quick returns, there is definitely long term potential in the Barrio Hollywood Neighborhood and we look forward to further investments in this community.  

Source: Arizona Daily Star