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Griffin market trends
Greetings all.
If someone knows well Griffin market and could give us some data about this market that will be great.
Demographic , work places (where most of them work), developments etc.
We currently checking the option to buy package of around 15 properties there and I would like to know what the members here knows about this market.
Thanks , Yoni.
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Curt Smith
#4 Innovative Strategies Contributor
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- Rental Property Investor
- Clarkston, GA
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Hi Yoni, I own one rental on the West side (West of 41) in Griffin. A friend owns one or 2 in the tougher parts of Griffin (9th and Broadway ish).
I like Griffin as a town. But I'm disappointed that there's been almost ZERO appreciation and very little absorption of distressed properties (which gives the reason for low appreciation).
I'd guess a package of rentals is going to be in the class D areas, rents $400-$600). Same tough collecting rent, turn over etc. I don't do sec 8 so I can't help you there.
I don't live near Griffin so can't be your eyes. You might use this to look at each house:
https://www.instantstreetview.com/
Good luck