Strong Population Growth - Significant influxes of new residents are the best for locales for apartment investment.
Young Mobile Residents - Younger residents tend to be renters rather than home buyers since they want to maintain mobility for employment and avoid being weighed down by a mortgage.
Expanding Employment Base - Job growth plays a huge role in creating demand for the apartment sector.
Tight Sub-markets - Some of the most desirable investment markets are classified as having a high-barrier-to -entry markets. Specific sub-markets are sometimes more attractive than the overall market.
Education Attainment/Educated Workforce – Places that are home to a highly educated population are top performing markets for a an occupancy and rental rate growth perspective.
Source: National Real Estate Investor Magazine Jan/Feb 2013