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Updated almost 9 years ago on . Most recent reply

User Stats

55
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13
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Gregory Massi
  • Investor
  • Mahopac, NY
13
Votes |
55
Posts

Multi Family valuations

Gregory Massi
  • Investor
  • Mahopac, NY
Posted

Hello Bigger Pockets - I am looking at buying this multi family in southern Connecticut and I am having  trouble determining a proper valuation. It is a three unit and is located in a very good area -walkable to stores and train station. Problem is, there have been no three unit sales in that particular area (ie village) in the last year.  Should i base my valuation on duplex/single family sales? I would assume that the price per sqft would be more for a three unit?? this is my first multi so i would appreciate any help. Thank you!

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