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Jamie Goldenberg
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7
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How to compare cap rates - Mutli family

Jamie Goldenberg
Posted

Working on my first multi family deal. I am working with a partner who is allowing me to learn and underwrite some properties for him. I am trying to figure out how to find good comps. I am specifically looking at a mix used building (5 residential units; 1 commercial unit). What is the best way to figure "price per door"? What is the best way to find cap rates for other recent sales? Any help is greatly appreciated.