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Updated over 2 years ago on . Most recent reply

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Jessica Bobo
0
Votes |
8
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Oxon Hill MD Buy and Hold

Jessica Bobo
Posted

Hi All- I currently have a couple of properties in DC that have experienced excellent appreciation and cash flow. However, the market is too hot and pricing me out. I’m seeing some pretty good cash flow in PG county, particularly in Oxon Hill. I’ve noticed that some of the shopping centers have been improved and some slight development starting to take place.

My question is, do you all think Oxon Hill will provide the appreciation over time in addition to attracting a quality tenant?

Most Popular Reply

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16
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14
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Frank Godfrey
  • Real Estate Agent
  • Upper Marlboro, MD
14
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16
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Frank Godfrey
  • Real Estate Agent
  • Upper Marlboro, MD
Replied

@Trevor Imlay Great job explaining the market.

@Jessica Bobo - Prince Georges county has long been the affordable option compared to DC.  Although not appreciating at the same rate, due to the affordability of the initial investment, investors are realizing cash flow at a better rate than in DC.  As far as Oxon Hill, due to it's close proximity to NoVA, DC and it's shared land of the National Harbor,, yes, Oxon Hill has already seen and is still destined for growth economically and the real estate values and rents will follow.  Oxon Hill is just one of several cities located in Prince George's County that will benefit from the lack of affordability across the river and billions in current and future development.  Get your doors today and profit tomorrow.  If you need an expert on the ground, I am here to assist.

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