I am looking to purchase a multi family property in the Cedar Hill zip code area. How is the market there?

Bruce J. Levitz
Bruce J. Levitz
Agent
94131

I am looking to purchase a multi family property in the Cedar Hill ZIP code area of Dallas. How is the rental market? Is there too much over building on the horizon? Is crime an issue? Any suggestions?

Fri Jan 25 2008, 08:33 - Market Conditions in 75216 - 1 answer
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Garry Bales
Garry Bales
Agent
Albuquerque, NM
FIRST ANSWER

I have sold a number of homes in the Cedar Hill area as owner occupied properties. It is my opinion that a rental property in that area would attract low income tenants with very high maintenance costs. Most of the investors I work with end up buying in the North FW/Keller area of the metroplex. Prices seem to be dropping in all southern areas and most commercial growth is north.

Fri Jan 25 2008, 08:48
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