My partner and I are speculating multifamily in the Port Huron area and we are getting mixed signals. From a basic a market survey - we called local properties and for the most part they are all above a 90% occupancy which is great in contrast to the "auto industry" stigma Michigan is stuck with. We believe St Clair is a "niche" market but would like to be "schooled".
Can anyone direct us to a source or share some information on the last ten year trend for this specific area. Thanks!
St Clair, as opposed to St Clair county could well be a niche. It is close proximity to downtown Detroit for folks who work downtown, and you also have Lake St Clair as a draw. What size assets are you looking at?
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