176603 Resource 164807 165387 165387 1185139111848 1185139111848 Controlled Real Estate Along The Phoenix Metro Light Rail May Be A Good Investment

Office and Apartment Rents are up in Phoenix, but more so along the light rail.

I wrote, a few days ago, that<a title="phoenix rental rates, phoenix real estate" href="item/176550" target="_blank"> rents in Phoenix</a> were higher over last year and that this trend was common to many of the western states.  Well, some areas within Phoenix have had greater than average rental growth and lower vacancies.  One of those areas is along the <a title="about the phoenix light rail, phoenix real estate," href="http://www.valleymetro.org/METRO_light_rail/" target="_blank">Metro Light Rail Route</a>.<img alt="Phoenix metro light rail information, about the phoenix light rail" hspace="0" src="http://www.valleymetro.org/METRO_light_rail/images/whatisrail/index-1.jpg" align="baseline" border="0" />Photo is from Metro Light Rail WebsiteI can concur with this as all of my rental homes and multifamily apartments along the light rail route have had very generous rent increases, more so than in other areas.  This, despite the fact that its not done yet.  But, the buzz is out and people are getting ready.  For some, looking for office space in Central Corridor its a shock as explained in <a title="office rents in the central corridor in phoenix, central phoenix," href="http://www.azcentral.com/arizonarepublic/business/articles/0717biz-centralcorridor0718-ON.html" target="_blank">this article on AZCentral.com</a>.  Several of my colleagues who study the commercial market and multifamily market closely agree that, at least, for the next few years this will be a good place to put your real estate money.  I agree, and that is exactly what I recommend and what I am doing.  If you are interested in purchasing real estate, especially multifamily investment apartments along the Phoenix Metro Light Rail call me, Artur at 602.628.4349. 10 application/xml false apartment rents along the phoenix light rail invest in real estate by the light rail office rents along the light rail Phoenix real estate Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; Tablet PC 1.7; .NET CLR 1.0.3705; .NET CLR 1.1.4322; .NET CLR 2.0.50727) 127.0.0.1 127.0.0.1 aciesielski false true false false true 176502 false false true false false false true 164807 blog blogsite/ArturCiesielski/web