Just curious if anyone here is a Costar subscriber. I was quoted around $23K I believe for one year of nationwide access about six months ago. I did not pull the trigger yet but after seeing how time consuming (and thus money consuming) it is for my analyst/assistant to gather market data manually (and yet, how valuable that data has been so far in my MHP acquisition hunt) I am rethinking my position and considering a subscription.
Costar is mainly for multifamily but the banked-in analytics tools during the demo were very impressive - one could use it, for example, to quickly isolate towns and metros across the USA with the most rapidly rising apartment rents and decreasing vacancy rates, for example - and then focus one’s MHP research efforts on those areas and then devote more human hours to personally contacting park owners in those cities to see if anyone will sell.
Frank? Jefferson Lilly? Any other portfolio owners? What are your thoughts?