You have read how HOT the Boston market is for real estate but already own your perfect home. But, you want to be a part of the exciting and fast-paced market – how do you do it? Consider purchasing multifamily investment property in Boston to own a long term investment with revenue potential. Here are 3 reasons Charlesgate Multifamily can give you for purchasing property today:

1.       Boston is one of the top 5 markets in the country that provides investors with relative security.

The strong job market coupled with suppressed supply nearly guarantees investors that product in the core markets will remain in high demand and therefore is less likely to experience a decline in rental rates or overall value. Additionally the number of cash acquisitions is at an all time high. Therefore the likelihood of experiencing a repeat of the 2008 meltdown is nearly 0 as rising interest rates will have little effect on many of today’s investors.

2.       There is currently a constricted supply of multifamily housing.

Despite the fact that nearly 8,000 units are being delivered to the market place within the next few years, industry experts agree that more product is still needed. The opportunity for investors lies within the existing housing stock. Due to the cost of construxtion, many of today’s new projects carry very expensive monthly rent price tags. Therefore, If investors focus on the core markets existing supply, they can offer a relatively more affordable product when compared to new construction.

3.       Room for growth within the tertiary markets.

As the city expands and residents become priced out of the core down town markets, many are seeking more affordable alternatives in the towns that immediately surround Boston. Investors should experience great growth potential by catering to those in need of workforce housing.

Want to find out more about Boston’s investment market? Contact Us.