Anonymous
Post 08/03/2022 11:55     Subject: Howard Theater Area

The area right by The Howard Theatre has really done downhill in the past year or so.
Anonymous
Post 08/03/2022 10:42     Subject: Howard Theater Area

You'll get plenty of young professional tenants easily in both places, so the decision really only comes down to the trajectory of future expected rents vs the price. U Street has a more stable rental market, but the properties are more expensive. That end of U street is also projected to have a lot of new construction on old Howard properties, which means more (and newer) competition for your rental, whereas Columbia Heights is mostly built out. If you're well diversified and therefore more able to manage some risk, then Columbia Heights is probably the better move, but the difference isn't large. Whatever quality of life differences there are between the two are mostly already priced in.
Anonymous
Post 08/03/2022 09:51     Subject: Howard Theater Area

I'm sorry for not giving a context. Which one is a better place to buy rental properties?
Anonymous
Post 08/03/2022 09:44     Subject: Howard Theater Area

OP you need to share a bit more context than just “is this place good/bad”?

Are you a 22 year old single personal trainer at a gym nearby looking for a one year apartment lease, or are you a family of 4 looking for a row house to live in and a safe neighborhood for the next 30 years?
Anonymous
Post 08/03/2022 09:39     Subject: Howard Theater Area

Is it similar to Columbia Heights or worse?