Small Multifamily Deals

[Gp G.]

Hi,

Where I can find small multi family deals say 5-10 units range to buy myself. What web sites, resources I can refer?  Please advise

[Greg Scott]

Small apartments can often be found on the MLS because those owners aren't really in the game.

FWIW, BP uses the term "Small Multifamily" for 2-4 units and anything 5 units or higher BP calls "Large Multifamily" because they are commercial apartments.  I prefer using "plexes" for duplexes, triplexes and quads because they are all valued using Comps.  I like "small multi" for apartments 50 units or less because they operate very differently than larger ones.