Three Reasons to Invest in Apartments Near Military Bases
First, real estate investment performs best when located near strong economic engines — such as America’s military installations. In fact, the federal government provides military personnel with $21 billion in annual housing allowances. Incredibly, this translates into one-third of a trillion dollars’ in real estate value. Second, there is a steady source of demand for off-base housing. There are over 1.3 million active-duty military personnel — 2.2 million counting the guard and reserve forces. Approximately 70% of them choose to live off-base. Also, around 425,000 men and women in the military move each year. We make it easy for these military professionals and their families to find affordable housing and smooth the transition to a new base. Third, military installations offer a safe harbor during
Renting to the Military: Off Base Housing
We like rental apartments as an investment because they are stable sources of income-driven by the fundamental human need to put a roof over your head. Millions of Americans choose to rent their housing and Accend provides that service with a unique twist for the military tenant. A great business has to provide a valuable product or service to its target customers at an attractive price. Jeff and I realized that the way apartments are traditionally leased in the United States doesn’t necessarily meet the needs of a military lifestyle which calls for frequent relocation. And that’s why we created Accend. Moving your residence is a major undertaking for any family. Finding a suitable home or apartment in the right location for commuting to work
Location, Location, Location
In real estate investing, the old adage is “location, location, location”. This is true not only for investments but also military bases. At Accend, we’ve taken a comprehensive look at about 300 military bases in the United States and identified about 50 bases that represent locations so strategic that it is highly likely the military will permanently be located there. For instance, you may be aware there is a major Naval base located in Norfolk, VA but may not think much about why it is there. Well it’s simple – where the Atlantic Ocean meets the Chesapeake Bay is one of the world’s great natural deep-water ports. And it is one of the few locations on the entire Atlantic Coast of the United States where
The Military Life Style
It’s hard to explain the military lifestyle to people who haven’t lived it, but everyone can relate to a great movie like Top Gun. The film is a pretty accurate depiction of the way our military trains our troops. Maverick and Goose are living on an aircraft carrier one minute, and the next they have multiple months of training at Miramar Naval Air Station – the actual real-life site of the “Top Gun” Naval Fighter Weapons school where our pilots train to be the best. This constant need for our troops to report to specific bases for training or performance of active duty creates a steady demand for housing that Accend meets for military families as they relocate. On average, military personnel receives orders called
Three Reasons to Invest in Apartments Near Military Bases
First, real estate investment performs best when located near strong economic engines — such as America’s military installations. In fact, the federal government provides military personnel with $21 billion in annual housing allowances. Incredibly, this translates into one-third of a trillion dollars’ in real estate value. Second, there is a steady source of demand for off-base housing. There are over 1.3 million active-duty military personnel — 2.2 million counting the guard and reserve forces. Approximately 70% of them choose to live off-base. Also, around 425,000 men and women in the military move each year. We make it easy for these military professionals and their families to find affordable housing and smooth the transition to a new base. Third, military installations offer a safe harbor during
Renting to the Military: Off Base Housing
We like rental apartments as an investment because they are stable sources of income-driven by the fundamental human need to put a roof over your head. Millions of Americans choose to rent their housing and Accend provides that service with a unique twist for the military tenant. A great business has to provide a valuable product or service to its target customers at an attractive price. Jeff and I realized that the way apartments are traditionally leased in the United States doesn’t necessarily meet the needs of a military lifestyle which calls for frequent relocation. And that’s why we created Accend. Moving your residence is a major undertaking for any family. Finding a suitable home or apartment in the right location for commuting to work
Location, Location, Location
In real estate investing, the old adage is “location, location, location”. This is true not only for investments but also military bases. At Accend, we’ve taken a comprehensive look at about 300 military bases in the United States and identified about 50 bases that represent locations so strategic that it is highly likely the military will permanently be located there. For instance, you may be aware there is a major Naval base located in Norfolk, VA but may not think much about why it is there. Well it’s simple – where the Atlantic Ocean meets the Chesapeake Bay is one of the world’s great natural deep-water ports. And it is one of the few locations on the entire Atlantic Coast of the United States where
The Military Life Style
It’s hard to explain the military lifestyle to people who haven’t lived it, but everyone can relate to a great movie like Top Gun. The film is a pretty accurate depiction of the way our military trains our troops. Maverick and Goose are living on an aircraft carrier one minute, and the next they have multiple months of training at Miramar Naval Air Station – the actual real-life site of the “Top Gun” Naval Fighter Weapons school where our pilots train to be the best. This constant need for our troops to report to specific bases for training or performance of active duty creates a steady demand for housing that Accend meets for military families as they relocate. On average, military personnel receives orders called