Updated about 3 years ago on . Most recent reply
Analyzing a small apartment building
Hey all, I’m new to the investing world and have just one duplex under my belt. I’ve been looking at properties here in my area ( El Paso, TX) and came across a 9 unit apartment in the downtown area and it sorta peaked my interest. Just having a hard time on how to analyze it and run numbers since it’s a commercial property. I’d love some insight on how to run numbers on something that’s more than 4 units and how to gauge what the said property may actually be worth. Any information will be truly appreciated. Thank you in advance!
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Learning to value an apartment complex is not something you can explain in a forum post. There are entire books on the subject.