Updated 5 months ago on . Most recent reply
What multiple when evaluating portfolio of SFHs
Portfolio of 22 homes for a class C-D market in the south. Lot of value add opportunity, including section 8.
Rents at below market (we are increasing rents). Currently grossing about $18k/mo and proforma is around $30k/mo.
Would you base the multiple on the NOI or gross?