Which Property Would be a Good Investment?

If I was to invest in Real Estate in Conroe, Texas, I would most definitely invest in Retail Space. Recently, home sales have spiked in Conroe which has and will increase retail sales in Conroe. This graph shows the increase, specifically in 2012…

ImageOn top of this, the Exxon Mobil plant which is being built will continue to increase home sales around the area which will, again, boost retail sales. Conroe has no shortage of retail space in Conroe. In fact, Conroe has $36,608 retail sales per capita annually whereas the average in Texas is $13,061. That’s a very impressive amount of retail sales so Conroe will be a great place to invest in Retail. Finally, the vacancy rate in Conroe is 2% below the national average. This shows that, although residential development and home sales have increased, people are so eager to move in that the vacancy rate is kept low.

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