JACKSONVILLE AN INVESTORS DREAM
Jacksonville Florida is now seen as the number one investment city in Florida, some real estate analysts say it is the best investment city in the whole of the USA.
Jacksonville is the largest city in America in land mass terms and the population growth since 2000 has been 24.1%, which is higher than Miami and Tampa.
The population has grown at twice the average national rate, as has the number of jobs. Most new jobs have been in business services and healthcare and therefore tenants have a high income level but there is a low inventory of rental property, the low home price to rent ratio is very favourable to single-family rentals.
Jacksonville has the ability to give investors long-term returns, the low level of inventory and the immense popularity in growth leads the way for good future appreciation, the job market is set to increase by 42% in the next ten years.
Since the beginning of 2017, Downtown Jacksonville has seen more than $3.5 billion in completed, under construction and proposed development projects, such as the Barnet and Laura Street Trio.
Jacksonville beach has also been a hive of development, there has been a major rebuilding of the infrastructure including new parking, new parks, new beach access, a new pier, and demolition of outdated properties.
There are also new restaurants, boutiques and nightclubs with many major hotel chains taking foot, the new luxurious high rise Jacksonville Beach condos are now in very high demand.
Even-though you have a tropical climate, white sandy beaches and huge development, Jacksonville still offers a low cots of living as compared to other Florida cities. The cost of living isn’t just lower than the U.S. national average, it’s lower than Florida average as a whole.
This coupled with the fact that the rate of building homes and property has dependably been low over the years has created a supply vacuum which means the future looks bright for investors.
Jacksonville ticks the investor checklist:
Affordability, Economic Growth, Population Growth, Desirability, Supply and Demand.
Jacksonville real estate is a great investment opportunity and not just because we say it, many property experts, and organizations have ranked Jacksonville as a top investment city in the USA.
“One of Nation’s Largest Home Builders Betting Big on Jacksonville”
“Jacksonville Economy Surges in Latest Ranking”
Global Investments have just signed up an exclusive agreement with the leading supplier of turn key homes in Jacksonville with prices starting from as little as $59,900 and net returns as high as 13%. With excellent on the ground management in place.
If you would like more information about investing in this exciting city please contact any of the team at Global at email@example.com