College Town properties make a great investment. With rents rising approximately 5% over the last year and experts projecting them to continue to rise another 5% over the next 12 months, investing in a College Station property makes both dollars AND sense. The closer to the college, the better.
When you consider that a school like Texas A&M has been around for over 130 years, there are thousands of students who attend the college every year and those students need a place to live, you can quickly see how College Station rental properties are perfect for even the greenest of real estate investors. Even community colleges are an unending source of potential College Station renters. Real estate developers that have slowed other projects have increased development in college towns like College Station. They seem to be one of the few almost recession-proof investments anyone can make, especially if you can get a property close to campus.
With rents continuing to climb and housing prices remaining low, many College Station investors have found that they have no trouble covering their mortgage, maintenance costs and property taxes with their rental income. Anything extra can go towards purchasing even more College Station investment properties. Remember that college town properties make a great investment the next time you are looking at purchasing a College Station/Bryan home. When that happens, contact me so I can show you some of the best investment properties available.
FEATURED COLLEGE STATION HOME OF THE WEEK
For more about this property and other College Station/Bryan homes for sale, please click here.
Stephanie Hansson, Living the Good Life in Bryan – College Station Real Estate
Originally posted on my Living in Bryan/College Station real estate blog here: http://livinginbryancollegestation.com/college-town-properties-great-investment/.
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