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re: Buying investment properties...

Posted on 6/5/14 at 12:49 pm to
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75275 posts
Posted on 6/5/14 at 12:49 pm to
I could see Hattiesburg and Ruston, but Monroe seems too large compared to the other two
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 6/5/14 at 1:35 pm to
Monroe is a bit of a hybrid situation. You have some decent complexes that are a quality mix of students and young families.

The dust from the on campus housing build on UL-M's campus about 10 years ago has settled. There is a need / demand.

There are several new developments planned in Monroe but the demand is more driven by CTL than anything right now. UL-M still pulls students from across the nation for pharmacy school...and they want newer / decent places to live.
This post was edited on 6/5/14 at 1:36 pm
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