Long Beach Island Real Estate Investment
Long Beach Island Real Estate
Recently, Macy’s, once the shining start of retail, received a $5.8 billion dollar offer to take over the company. Many experts feel this offer could be lower than the company’s actual value. Why did Macy’s receive such a sizeable offer in an age when malls and retail stores seem to be struggling? The answer is simple: real estate! Macy’s owns some choice real estate, which is enough to offset the struggling retailer. There is a lesson for buyers in the LBI real estate market from this. While buyers face many challenges in the LBI real estate market today, the long-term value of real estate cannot be overstated.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
What Can Macys Tell Us About the LBI Real Estate Market
Macy’s owns some amazing property, including prime real estate in New York City. These intelligent, long-term investments have proven to pay off. Even the would-be buyers feel the retail company is just “icing on the cake” compared to the value of the real estate held by the company. Buyers looking to purchase a home in the LBI real estate market can learn from the Macy approach. Not all real estate is worth buying, but even in a challenging market, understanding the value and buying the right home can lead to long-term growth and some amazing returns. Investment in the LBI real estate market can take many shapes. Some buyers will purchase a home strictly for rental income and market appreciation. Some buyers will invest by buying a home and building a new home with the intention of selling. For many buyers in the LBI real estate market, investment will take a two-part approach, with personal use and rental income both playing a role. Whatever scenario fits you, there are investment options in the LBI real estate market that can offer some excellent returns.
Long Beach Island Real Estate Investment
The future of Macy’s is unknown, and many analysts disagree on the company’s true value. One thing is clear: if it were not for the savvy real estate investments made over the company’s long history, they would be in a far worse place than they are today. The retail business helped to allow the company to buy real estate, but it is the real estate that really made the company valuable. The same can be true on LBI. If a buyer purchases a home and rents it out, the rental income will offset the ownership costs and provide an income stream, while the long-term application in the market can yield fantastic returns. For more information about Long Beach Island or about the LBI real estate market please do not hesitate to contact me.
By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market