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All Forum Posts by: Benjamin Mills

Benjamin Mills has started 0 posts and replied 2 times.

Post: Lehigh Acres Multifamily

Benjamin MillsPosted
  • Investor
  • Norfolk, VA
  • Posts 3
  • Votes 2

@Alexis Riveron

That is interesting.  The inventory down there looks so large, but good to know your aren't having a bunch of vacancies.  Do you manage yourself or who do you use in the area?  

Post: Lehigh Acres Multifamily

Benjamin MillsPosted
  • Investor
  • Norfolk, VA
  • Posts 3
  • Votes 2

Hey @Neil Blalock

I am wondering how the multi-family in Lehigh Acres is going?  Like @Gopichand N. these new build duplex's look really interesting.  Looking at the area it seems like there are large number of rentals of similar size already available in the immediate surrounding area.  I'm concerned about a high vacancy rate and/or substantially lower than projected rent based on a saturated market.  That said Fort Meyers seems to having a large growth.

I'm up in Virginia with a duplex here, but I think I'll be moving to Florida in 2024.

Thanks, Ben.