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03-30-15-WS
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03-30-15-WS
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3/27/2015 1:24:37 PM
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3/27/2015 1:23:26 PM
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Market Context <br />Developments with significant amenities (trails, convenient <br />goods/services, open space/natural resources, established <br />vegetation/trees, etc.) usually sale at higher price <br />Multi-family is very strong in the metro but mostly in established <br />locations where developers can achieve top dollar for rents <br />Increasing number of MF developments are being constructed near <br />retail goods and services (and near light rail stations); developers <br />seems to prefer these sites over ones with less amenity and <br />convenience <br />Rent levels generally higher when within easy walking distance to <br />retail or public transit
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