Class C vs B

[Eric Bilderback]

If you had a two properties for the sake of argument pencil out to the same NOI. What would be the premium or difference between a class C and a class B property? The B should at least appreciate more so you should at least get a discount for that (assuming you are buying the C). If there is a rule of thumb I haven't heard it. Do you guys any experience or ideas.

Thanks,