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Multi-Family and Apartment Investing

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39
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Kalib Williams
  • Rental Property Investor
  • Greenville, SC
5
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39
Posts

Commercial Multifamily BRRRR

Kalib Williams
  • Rental Property Investor
  • Greenville, SC
Posted Dec 3 2020, 06:47

How is an apartment complex appraised after a renovation in a brrrr situation? Is the the cap rate that was originally used to buy the property how the appraiser will value the property after it has been renovated and stabilized with higher rents, or will the cap rate compress with a renovation and a higher noi?

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