Updated over 18 years ago on . Most recent reply
Rob CatchingPoster
- Real Estate Investor
- Collin & Grayson Counties - North of Dallas, TX
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Question - Definition
When talking about apartment buildings, how do you define the classes (Class A, Class B, Class C, etc.)? I understand that Class A is the best, but how do you determine how a property fits into a particular class? Age, effective age? Is there some formula?
Any input is appreciated.
Rob