ARV FOR MULTI UNITS (2-4 UNITS)

4 Replies

How is calculating ARV for a multi unit (2-4 unit) different from calculating ARV for a single family home?

Thank you.

Originally posted by @Dan Barli :

@Jason Ma for residential properties, it should be the same way. Are you using an agent to get you comps?

 I did. One issue I had though was there aren't that much comps that are multi units. So sometimes its hard to find a comp sold in last 3 months within mile of subject. How do you get around this?

You may have to expand your radius then @Jason Ma. Sometimes comps can be difficult, but you want to try to find as close to what you need as you can. 

Originally posted by @Dan Barli :

You may have to expand your radius then @Jason Ma. Sometimes comps can be difficult, but you want to try to find as close to what you need as you can. 

 Ok thank you . I'm gonna start analyzing a deal per day (practice) starting Tuesday 

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