“Hipster” Towns Offer Healthy Multifamily Rent Returns

“Hipster” Towns Offer Healthy Multifamily Rent Returns

Multifamily investors looking for acquisition opportunities might do well to follow the trail of coffee shops to hip, pedestrian-friendly neighborhoods full of young renters.

“The culture surrounding the 'hipster' lifestyle has a major impact on local real estate markets, and mostly in a positive way,” says Daren Blomquist, vice president for RealtyTrac. RealtyTrac

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