Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Ike Njoku
0
Votes |
2
Posts

DFW/Houston multi unit valuation metrics Needed!

Ike Njoku
Posted

Been looking at 20 - 100 unit deals in the DFW Texas and Houston Marketd but am not familiar with what the trade at in this current climate. We all know that proformas and some broker estimates can be biased at best. Are there any investors or brokers with active knowledge of the following:

The going cap rate?

The typical price per door?

What a normal rough cut multiple for the annual GRM multiple (not the 1% rule)?

Lastly what price per square feet do properties trade for in those two areas?

Actively looking at deals in those 2 markets.

Thanks and looking forward to your insightful responses!

Most Popular Reply

User Stats

2,070
Posts
904
Votes
Percy N.
  • Developer
  • Philadelphia, PA
904
Votes |
2,070
Posts
Percy N.
  • Developer
  • Philadelphia, PA
Replied

@Ike Njoku the prices will vary by submarket, class and vintage of property as well. 

Can you provide more details please?

Loading replies...