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Updated almost 8 years ago on . Most recent reply

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93
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10
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Eric Schrader
  • Engineer
  • Fawn Grove, PA
10
Votes |
93
Posts

3 plex questions regarding deal evaluation

Eric Schrader
  • Engineer
  • Fawn Grove, PA
Posted

Hi group!!

So I have been looking into some deals in my local area.  I found one, a 3 unit, and have a question about evaluating the deal.  

I have evaluated may opportunities, but this one is odd.  So like i mentioned, it is a 3 unit but it is zoned as a commercial property.  So, do i need to evaluate this as a residential rental or as a commercial property with its associated cap rate?

Thanks

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