As Spring Approaches…Temple Student Housing Will Start To Rev Up Soon!

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Considering investing in Philadelphia residential real estateIf you plan to purchase Philadelphia real estate and rent your property, you may want to invest in Philadelphia’s developing neighborhoods and one of the best, hot places is housing for Temple University students.

 Consider these points about Temple housing:

  •  Temple can only house their freshmen class.  This leaves a great demand for student housing in the city.
  •  Temple is located in the area of North Philadelphia that has gone through and is still in the process  of revitalization.   This creates great opportunities to purchase turn-key properties that already have students in place and positive cash flow.
  •  Temple students pay anywhere from $ 375 to $ 500 PER ROOM for rent, giving you positive cash flow every month.
  •  You must make sure your property is zoned properly. 
  •  Students begin looking for housing from May to August. Some spring rental searching starts in late March & April.

We have available several investment properties that fall into all of the criteria above.   Now is the perfect time to take possession of an investment property near Temple University.  The timing of rehab needed, will allow an astute investor to have a property ready for the upcoming rental search period.

There are lots available to build on – with permits and plans, as well as shell properties and also some that only need light cleaning and painting.   You can view of list of these properties by clicking here.

And not only do properties around the Temple area provide a nice cash flow and also appraise at a high After Repair Value (ARV) but the taxes are very low compared to other major cities.  The annual real estate taxes on the above mentioned property is $ 208 per year – that’s not a misprint.  $ 208 PER YEAR!

With a student body of over 34,000 and a 46% surge in admissions since 2000, Temple area continues to play a major roll in Philadelphia’s employment and education.  Philadelphia residential real estate investors would be smart to consider this the area of Philadelphia real estate growth. Contact us at www.sellphillyproperty.com.

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