How to do a CMA for a Multifamily Property?

[Isaac Fridmann]

Hi BP Community!

One of my clients reached out and asked me to sell one of their multifamily properties. It's currently a vacant 9-unit building that they just renovated. Any idea how I can do a price analysis on this?

Thanks in advance!

[Isaac Fridmann]

Quote from @Bob Stevens:

Quote from @Isaac Fridmann:

Hi BP Community!

One of my clients reached out and asked me to sell one of their multifamily properties. It's currently a vacant 9-unit building that they just renovated. Any idea how I can do a price analysis on this?

Thanks in advance!

You're a realtor and you are asking how to run comps?? 

If you're going to post a reply, why not post something that's helpful instead of criticizing? Yes, I am a realtor but I've never had to run comps on a commercial building, I'm sure you know it's very different than doing a CMA for residential properties.