Updated over 4 years ago on . Most recent reply
Cap rate and evaluation help
Looking for some expertise in the area of evaluating a commercial property. It's a 3 unit with 13 storage units. It is a unique property and I'm having a heck of a time trying to get an evaluation...I've been googling cap rates and I'm having a hard time grasping the concept because what I read says to base the cap rate on buildings in your area but how do I find the average cap rates ? Help