As identified in the article “Can’t-Miss Growth Areas” in Units magazine (Nov. 2008), investors looking at apartment purchases should consider looking for apartments with proximity to the following businesses or locations: 

  • Colleges/Universities
  • Transportation Hubs
  • Ports/Coastal Cities
  • Biotechnology Enterprises
  • Government Centers
  • Entertainment/Lifestyle Locations
  • Digital/High Tech Enterprises
  • Medical/Health Care Facilities
  • Large/Mid-size Airports

The article also includes key features that successful apartment communities should have or be located near, such as the following:

  • Mixed Use/Podium Projects
  • Corporate Campuses
  • High Security Business Parks
  • Self-Storage
  • Daytime Retail
  • Development/Transactional Complexity
  • Ethnic Retail Centers
  • Urban/Suburban Redevelopment
  • Infrastructure Improvements

Data Source cited is CEL & Associates.

Read the full article at http://www.naahq.org/publications/units/2008/11_08/Pages/CantMissGrowthAreas.aspx

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