Skip to content
Multi-Family and Apartment Investing

User Stats

32
Posts
6
Votes
Kyle Woodruff
  • Rental Property Investor
  • Rhodes, MI
6
Votes |
32
Posts

Cap rate and evaluation help

Kyle Woodruff
  • Rental Property Investor
  • Rhodes, MI
Posted Nov 27 2021, 20:14

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

Loading replies...