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Multi-Family and Apartment Investing

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Jesse Edwards
Pro Member
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Considered 1 bedroom?

Jesse Edwards
Pro Member
Posted Mar 18 2024, 15:05

I am sure this will ultimately be "ask your local appraiser" but I wanted to get thoughts here if you think this would count as a 1 bedroom. The plan is that the space between the sleeping area and another living area will have a closet with bi-fold doors. I just am trying to decide if I need a door and/or wall between the sleeping quarters and the living area to appraise as one bedroom. Also given this is in a 10-unit building does it matter, as the rent / NOI will be the primary driver for value?

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