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Prashant Sheth
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4 quads vs a 16-unit complex?

Prashant Sheth
Posted Dec 18 2019, 12:12

If you can buy a 16-unit complex or 4-quads which would you recommend and why?

The 4-quads are about 2x in price and cash flow about the same and maybe slightly lower

I see the advantage of 16-unit as rent upside w value add and reno, same PM team (same for both cases though)

For the 4-quad: financing is easier and can sell individually.

Which one (usually, and I understand it's not simple) has a better resale and long-term potential?

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