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Updated about 2 months ago on . Most recent reply

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Deltrease Hart-Anderson
  • West Columbia
3
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7
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New construction in old neighborhood

Deltrease Hart-Anderson
  • West Columbia
Posted

What are your thoughts on putting new construction in a B+/C- neighborhood? Everything around the lot is older but the neighborhood is less than 5 minutes away from downtown, hospital and colleges.

  • Deltrease Hart-Anderson
  • 803-739-9449
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D Hart Accounting
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Michael K Gallagher
#2 Commercial Real Estate Investing Contributor
  • Real Estate Agent
  • Columbus OH
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Michael K Gallagher
#2 Commercial Real Estate Investing Contributor
  • Real Estate Agent
  • Columbus OH
Replied
Quote from @Deltrease Hart-Anderson:

What are your thoughts on putting new construction in a B+/C- neighborhood? Everything around the lot is older but the neighborhood is less than 5 minutes away from downtown, hospital and colleges.


 see this all the time in and around downtown columbus OH, we have frindge areas that are getting rehabbed and flipped like crazy and then the new builds come in.  We actually just had several go in on Livingston ave on the west side where I'd not normally think would be desirable, but they look great and really brought the block up.

So I'm a huge fan personally from seeing them go up in my own area.  

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