East Dallas Area - Multi Family Units.

For all of you familiar with the East Dallas area, there was a lot of development during the boom around 2007 - 2008 , now for obvious reasons there is not much. Has anyone have any insights into that area ?
Is it good to go after multi family units in this area ?
Hold is and potential opportunity for land sale ?
Any thoughts would be appreciated.
Thanks,
In Buying Property - Asked by Mani R. - Jun 23, 2010
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Answer(s)

Gene G.
Broker/Agent
Houston, TX

I am not overly familiar withe East Dallas area being based in Houston, but generally MF is doing very well currently. You might want to check with a local broker who specialize in MF, you may also want to see the Federal Reserve report that just came out it, it will give you a general overview with some local facts. http://ow.ly/24aN3. Good luck.

Jun 28, 2010
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