What do you think about when you think about San Antonio? Well, of course, there was that embarrassing Alamo defeat at the hands of Mexican general Santa Anna. But OTHER than that, San Antonio is a stronghold for the military and medical industries. There are four military bases in and around San Antonio, including Fort Sam Houston, which is the southern command for the entire US Army.
We’re always focusing on cost of living. We like it low. In San Antonio, the cost of living is nearly 25% below the national average.
During the last housing shake-out, it became apparent that several select cities around the nation seemed to be recession proof, for whatever reason. Historically, the River City has always had lower home prices. Combine this with lower than average unemployment and you have the makings of a strong rental market. Low home prices are good for you, the income property investor. A local apartment occupancy rate of nearly 92% assures plenty of renters looking for your product.
San Antonio has avoided the wild property value swings. A steady 2% property appreciation over the last 10 years gives investors a reliable indicator of what they can expect.
Interested in San Antonio? Check out our website at www.JasonHartman.com/properties or call our investment counselors at 714-820-4200.
The Platinum Team
