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Updated almost 2 years ago,
Do you think rental property along the Metro expansions will appreciate above average
I'm looking at a deal along an area that the Metro is going to be expanding soon. The construction process is going to be a mess, so just maintaining it at par through that process--keeping it rented at current market rents--makes the deal a base hit. My thought process is that once the light rail is operational, very close by, I can turn it into an airBNB and have a nice little place just a few minute ride from all of downtown's attractions. A few year's further and it might garner interest from a developer for a bigger multi-family build or other use.
Has anyone analyzed this or read solid studies on the matter?