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Updated about 10 years ago on . Most recent reply

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Sam Rose
  • Lakewood, NJ
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Apartment building

Sam Rose
  • Lakewood, NJ
Posted
Hi I'm looking to buy an apartment building 40 units or more.Does anyone have suggestions? Thanks

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Joel Owens
  • Real Estate Broker
  • Canton, GA
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Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

Are you trying to buy local?? Do you have 25% to put down??

Are you wanting stabilized, value add??

A,B,C location, A,B,C building??

40 doors mean nothing. That can be a low income rougher area at 500 a door or a higher end area at 1,500 a door. The higher end area would cost more than triple in price due to trading at lower caps.

Your post is way to vague.

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