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Updated over 6 years ago on . Most recent reply

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Thomas Ramaglia
  • Investor
  • Howard Beach, NY
0
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3
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Listing Agent in New Haven | Student Housing

Thomas Ramaglia
  • Investor
  • Howard Beach, NY
Posted

Greetings Everyone,

I am fairly new to the REI world. I have been an investor for roughly three years now focusing in the student housing space in Upstate NY. I am thinking about branching out onto other universities and thought New Haven, Connecticut and Yale university would be be a great place to consider. Are there any agents out there, preferably specializing in this niche market, that I can reach out to?

Thanks in advance,

Tom

Most Popular Reply

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160
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Jason Arcuri
  • Real Estate Agent
  • Southbury, CT
98
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160
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Jason Arcuri
  • Real Estate Agent
  • Southbury, CT
Replied

From what I've seen in Danbury, the prices are extremely high and the rents are too but not enough to offset the extra cost.  That being said, definitely not an expert there and I wasn't looking at student housing compared to normal rental properties.  I generally like rents in New Haven with the prices there but even those prices have been recently sky rocketing.  There's definitely a lot of opportunity in CT for rentals but I do suggest actively looking now.  Rental housing has been going up at a very fast pace in most of the cities that I've watched.  I got clients who were looking 2 years ago and saying the prices were too high regretting they didn't jump then.

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