How to find a Market's Cap Rates?
I'm looking for cap rates in Kansas City for each property class and came across apartmentloanstore.com
Does anyone use this site to get a decently reliable estimate of current cap rates for the city you invest in?
For example, they show these cap rates for KC (https://apartmentloanstore.com/kansas-city/kansas/cap-loan-rates):
- Luxury - 4.62
- A class - 5.14
- B class - 5.67
- C class - 6.24
- Value add - 6.45