Fort Totten (House) or Carver/Langston (Condo)

[Dee Shaun]

Hi all,

  I am looking to buy in either Fort- Totten or on 17th Street by the Carver/ Langston area.  However, I am leaning toward Totten because of the upcoming projects which includes an Aldi store some more apartments and townhouses.  The townhouses are supposed to be about 60-90 senior living and 130 or so for whoever.    

There is also a Modern apartment project that should replace the Rigs low income building.

Do you all believe this area has a good potential? 

I am shying away from the condo because of potential condo fee increase and the limitations or possibly the hassle it may bring. However this is the better area, closer to H Street and should be high demand.

Numbers makes sense on both,   key issue is that a condo may not appreciate well even in a desired area.

This is not a pure cash flow investment,  more like long term play for appreciation as long as rent covers expense I am okay with it.

Am I off on my analysis?