Uncategorized

Townhouses for Investors

Are you looking for an alternative to the stock market?  Here are four reasons you should consider purchasing a townhouse!

  1.  Right now the Harlem townhouse market is in oversupply. Recent sales show the average price per square foot for sold properties is $629/sf, whereas the condo market is in equilibrium and recent trades average $1,015/sf.
  2. The rental market remains quite strong which translates into a better return on your investment.
  3. If you are selling a business or property and wish to defer your capital gains taxes, there are a number of opportunity zones throughout the city which can make your investment that much more profitable.
  4. Finally, financing your purchase is relatively easy in today’s low interest environment. Lenders are getting creative and happy to help you figure out how to get the deal done.

If you would like to learn more, join me and a panel of experts on March 11th from 6-8 PM. We will discuss the risks and rewards of townhouse ownership. The tickets are free but space is limited so contact me today for your seat. See you then!

thebolandteam@corcoran.com

Categories: Uncategorized

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