Quote:
Originally Posted by Normal
This area is literally receiving 1,000s of apartment units and many within the next 30 days:
301 near 466A a mega apartment complex has begun construction
462 in Wildwood there are literally 300 apartments opening up before Aug 1. In addition, “The Cottages” have just opened (not sure of amount). Furthermore, new construction on a housing project next to St Vincent de Paul just broke ground
On 466A directly adjacent to Colony a third party developer just purchased land and got approval for a large apartment complex.
A third party builder has just initiated construction on 501 of several hundred high rise apartment units ( maybe they want to see all the Villages construction and Coleman prison?)
In short, there won’t be much of a housing shortage here. The market will be saturated for some time to come. If you buy, ask yourself if it would even be worth it to rent it out.
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I’m not sure where you are getting your information but there are no high rises going up on 501.