Homes near Military Bases
Homes
near Military Bases
Generally,
military housing is provided for all service members, whether they’re
living on or off base. However, there are exceptions to this rule.
For example, when a ship is in port, junior service members may be
required to live onboard their ship. Otherwise, with the abundance
of housing options, service members can find housing to fit their needs.
For service-members considering a home purchase, are rising prices bad
news? Not necessarily. Appreciating values make owning more
beneficial. And many real estate markets are still considered a
bargain according to a recent Forbes
magazine analysis.
Those
who need to live near a military installation due to active duty
tours or new PCS orders may be interested to know the potential for
home value appreciation in neighborhoods nearby. The following is a list of the eight housing nearby U.S. military installations.
1.Fort
Worth-Arlington, TX
NAS Joint Reserve Base Fort Worth, Fort Hood, Goodfellow AFB
2.Dallas-Plano-Irving,
TX
NAS Joint Reserve Base Fort Worth, Fort Hood, Goodfellow AFB
3.Charlotte-Gastonia-Concord,
N.C.-S.C.
Fort Bragg, Pope AFB, Seymour Johnson AFB
4.Nashville-Davidson-Murfreesboro-Franklin,
TN
Arnold AFB
5.Houston-Sugar
Land-Baytown, TX
Fort Sam Houston, Randolph AFB, Brooks City Base, Lackland AFB
6.Atlanta-Sandy
Springs-Marietta, GA
Atlanta NAS, Dobbins AFB, Fort McPherson, Fort Gillem
7.Oklahoma
City, OK
Tinker AFB, Oklahoma City Container Inspection Training and
Assistance Team, USCG Institute
Financial
bonuses help guarantee tenants:
The
government also aids military members in their quest to find housing,
which means it may be easier for investors who purchase homes nearmilitary bases to find and maintain tenants over time. The military
provides service-members with a Basic
Housing Allowance,
or BHA, which is a stipend that assists with housing expenses,
according to Military.
In cases where government housing is not provided, the military provides a BHA in accordance with local economic conditions. This guarantees service members in the area can afford local housing. By pricing their properties in accordance with local market standards, investors can ensure their properties will be considered by military families.
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