How would you like your next investment property to feature lakeside views, a revitalized downtown, excellent transport links, and a wealth of recreational amenities on your doorstep? If that sounds appealing, Moses Lakes could be perfect.
Any effective real estate investing strategy starts with some research, and first on that list is discovering the best neighborhoods in Moses Lake. Here are some of the up-and-coming neighborhoods you should add to your shortlist.
Mae Valley
Mae Valley has plenty of appeal, so it's easy to see why it's popular with home buyers and tenants. It has:
- Large properties
- Attractive green open spaces
- Upmarket nearby amenities like golf courses
It ticks many boxes for those wanting suburban living and is an excellent choice for your next real estate investment. This neighborhood will likely see lots of commercial growth, too, with further developments planned.
Peninsula
Peninsula has the wow factor for anyone wanting to move to Moses Lake, which makes it prime real estate for investors.
Peninsula has plenty of beautiful lakeside properties and others with equally scenic views. It's also a popular residential spot for those wanting to enjoy the many activities surrounding the lake. So, it's perfect for investors seeking luxury properties or vacation rentals that could see a rise in real estate value.
Downtown Moses Lake
Downtown has been listed as a Creative District by the Washington State Arts Commission. That means it's receiving funding to help with revitalization efforts, making it an excellent investment choice.
Downtown draws a vibrant young crowd looking for rental homes near shops, restaurants, and bars. It's easy to walk and is still close to the lake. This area has plenty of mixed-use developments, offering flexibility to any real estate investor.
Cascade Valley
The Cascade Valley neighborhood has seen plenty of development and growth in recent years, signaling a potential opportunity for savvy real estate investors. What's appealing about Cascade Valley is that the properties are more affordable. The neighborhood has excellent transport links, so it could be ideal if you are looking to get into the rental market.
Sand Dunes
Sand Dunes could be a popular location on your Moses Lake shortlist if you are seeking a vacation rental property. It offers lots of fun attractions for those looking to get away from the 9-5 with some adventure days like ATV riding. Plus, it offers scenic views. So, it's a potential blank canvas for any investor looking for development opportunities in the region.
Larson Subdivision
If you intend to invest in family homes, Larson could be a great option. It offers plenty of schooling choices for families and appealing amenities such as parks and recreational centers. With lots of development planned in this area, buying now could be a well-timed real estate investment.
Real Estate Investing: Opportunities in Moses Lake
One of the best ways to profit from real estate investing is to secure a great deal on a property in an up-and-coming neighborhood. Keep these recommendations handy.
If you'd like more help with your property investment strategies, you are in the right place. Crown Property Management is a local real estate expert who can give you the best insight into finding great deals when investing in rental properties. Discover more about our services here.
