35 unit apartment value
I’m looking at a 35 unit apartment building North of Kansas City. All units are studios and should each rent for around $350. All utilities are billed back to the tenants. The building is supposedly at 90% occupancy. Appears to have little if any deferred maintenance. I’m not sure it’s truly turnkey but definitely not a mess either. I’ve run some numbers on what I think it’s worth but I’m hoping someone with some more experience can give me a better ball park. Just let me know what additional information you need. Thanks!