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Javaras Thomas's profile image
Javaras Thomas's profile image
Javaras Thomas
  • Rental Property Investor
  • from Miami, FL
  • Member since May 4, 2021

User Stats

107
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38
Votes
Javaras Thomas's profile image
Javaras Thomas's profile image
Javaras Thomas
  • Rental Property Investor
  • from Miami, FL
  • Member since May 4, 2021
Javaras Thomas
  • Rental Property Investor
  • Miami, FL
38
Votes |
107
Posts
General Real Estate Investing

ARV on a commercial property?

Javaras Thomas
  • Rental Property Investor
  • Miami, FL
Posted

Hello!

My question is how do I know my ARV on a commercial property when there are no comps within 2-3miles? This property is a 6 unit that is listed for 200k and rents are between $750-$800 monthly. Needs some work but just cosmetic updates. Maybe a 8%-9% cap rate.

Thanks everyone! 

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