Anybody with experience in Norristown?

[John Donovan]

Hey all - anyone with experience investing in the Norristown area?  I hear mixed reviews about the area.  If anyone has experience in the area, tips, advice, etc., a new investor would be thankful!

Thanks,

John

[Dan Powers]

Hey, @John Donovan Norristown has a lot of promising things coming to the area and certainly, a slept-on area in terms of long-term appreciation. The 2 biggest factors going for the area are the addition of a highway exit directly into the area (https://whyy.org/articles/mont...), and the plan from Amtrack to add a new rail line to connect areas like KOP, Norristown, Pottstown, and all the way out to Reading (https://www.amtrakconnectsus.c...). Both of these plans are set to make huge impacts on the area, but there are additional local development plans in place to build up the riverfront area, and that can be seen by the new 110 mixed use building that received funding (https://www.montcopa.org/Archi...).

From my investors experience it's similar to Philly in how block by block it can so be aware of what block you're going to invest in. Anything near the center of town or the courthouse are solid areas as well. Hope this helps, please feel free to reach out to connect.