Best College Towns to Buy an Investment Home
June 3, 2017
Whether you have a child going off to college or you’re just thinking about your next investment move – buying a home on a college campus comes with some undeniable perks.
Properties on college campuses tend to have stable rent prices, high demand and (there are usually) really great amenities. But, all campuses are not created equal, that’s why Redfin’s recent list is helpful as is breaks down the top 20 colleges based on the tuition spend, quality of education, median list price and walk score.
If you are ready to invest in something, but aren’t sure where to start. Browse through this list and see if any of these campuses make sense for you.
#1 Georgia Institute of Technology
Atlanta, Georgia
Median List Price: $235,000
Tuition and Fees: $32,404
U.S. News and World Report Ranking: 34
Walk Score: 72
#2 University of North Carolina
Chapel Hill, NC
Median List Price: $175,000
Tuition and Fees: $33,916
U.S. News and World Report Ranking: 30
Walk Score: 35
#3 John Hopkins University
Baltimore, Maryland
Median List Price: $154,900
Tuition and Fees: $50,410
U.S. News and World Report Ranking: 10
Walk Score: 69
#4 Washington University
St. Louis, MO
Median List Price: $149,900
Tuition and Fees: $49,770
U.S. News and World Report Ranking: 19
Walk Score: 64
#5 Ohio State University
Columbus, OH
Median List Price: $155,000
Tuition and Fees: $28,229
U.S. News and World Report Ranking: 54
Walk Score: 40
For the full list, visit Redfin’s report at: https://www.redfin.com/blog/2017/04/the-20-best-college-towns-to-buy-an-investment-property.html
Once you decide on the best place for your investment, we would love to be a part of making the move process easier. Whether you’re shipping furniture or moving items from one rental to another – we’ve got your covered. Give us a call and we can provide a free, no-obligation estimate.
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