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Updated about 7 years ago on . Most recent reply

Matt Morand's profile image
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Matt Morand
  • from Fort Worth, Texas
  • Member since Jan 1, 2018
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Matt Morand's profile image
Matt Morand's profile image
Matt Morand
  • from Fort Worth, Texas
  • Member since Jan 1, 2018
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Matt Morand
  • Fort Worth, TX
3
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14
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Multi-Family and Apartment Investing

Unit Mixes on Pro Formas

Matt Morand
  • Fort Worth, TX
Posted

I've been looking at an offering memorandum for a property and am having trouble understanding what these unit mixes are. More specifically, what do the "NP" and "U" letters mean? Any response is greatly appreciated!

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Scott Skinger's profile image
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Scott Skinger
  • Rental Property Investor
  • from Barrington, IL
  • Member since Nov 6, 2017
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Scott Skinger
  • Rental Property Investor
  • from Barrington, IL
  • Member since Nov 6, 2017
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Scott Skinger
  • Rental Property Investor
  • Barrington, IL
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Scott Skinger
  • Rental Property Investor
  • Barrington, IL
Replied

I think those designations are specific to that property. Look for a key or ask the broker for clarification.

My best guess is that these are just different layouts. NP could stand for some thing like “no patio” or just about anything.

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