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Updated over 5 years ago on . Most recent reply

Brittany Langley's profile image
Brittany Langley's profile image
Brittany Langley
  • Member since Oct 5, 2019
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Brittany Langley's profile image
Brittany Langley's profile image
Brittany Langley
  • Member since Oct 5, 2019
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Brittany Langley
2
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8
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Real Estate Deal Analysis & Advice

A 4 unit is located in a 100 year flood area, bad investment?

Brittany Langley
Posted

I am looking at a 4 Unit apartment complex, vacancy is at 100% - total monthly rent is 2500$ - price listed to sale is 250K, but I think I could get them down to 230K. However the location is determined a 100 year flood zone. Should this be something worth looking to invest in? Or should I not risk it?

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