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This county sits atop the Marcellus shale oil deposit and was the subject of a front page Wall Street Journal article on the recovery of the rust belt. The economy is oil enhanced in multiple ways. It is, of course, the beneficiary of the oil drilling. It is also the beneficiary of the oil already being produced. Royal Dutch Shell is building a huge plant to distill and refine specialty products from the area oil. It will actually benefit from reduced oil prices.
Again, the business plan is a simple one; we will purchase, renovate and rent the homes until the most propitious time to sell. In some cases sales may come right away, in others in a few years.
Beaver County Housing Portfolio
Beaver County, Pennsylvania