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Mihir Bhimaraju's profile image
Mihir Bhimaraju's profile image
Mihir Bhimaraju
  • Investor
  • from Indianapolis, IN
  • Member since Jun 16, 2016

User Stats

232
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133
Votes
Mihir Bhimaraju's profile image
Mihir Bhimaraju's profile image
Mihir Bhimaraju
  • Investor
  • from Indianapolis, IN
  • Member since Jun 16, 2016
Mihir Bhimaraju
  • Investor
  • Indianapolis, IN
133
Votes |
232
Posts
Multi-Family and Apartment Investing

Estimation of a gutted 10plex

Mihir Bhimaraju
  • Investor
  • Indianapolis, IN
Posted
What parameters do we consider when estimating the purchase price of a vacant, gutted out 10plex? I'm sure it needs around 100k rehab. Is there a rule of thumb for larger apmnts with no NOI to estimate purchase price?
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