MIAMI—What types of ROI can investors expect in West Palm Beach? That was the pointed question we asked Brad Capas, president of CapasGroup Realty Advisors.
In our previous chat, he told us about a specific opportunity that's seeing 20% ROI. But that's not always the case.
"Investment returns in West Palm Beach vary by asset class and submarket but are generally consistent with returns for otherwise similar asset classes in nearby, surrounding markets," Capas tells GlobeSt.com. "This is largely attributable to the relative scarcity of quality investment opportunities throughout South Florida and the intensely competitive nature of today's investment market."
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