Rental Cap Rates: Upstate South Carolina
Happy Friday! We are looking into assigning several off-market multi-family properties in the Greenville/Spartanburg South Carolina area: duplex-triplex and based off our numbers, we are looking around an 8-9 cap rate at current purchase price for the end-buyer. I am wanting to see who is actively purchasing buy/hold properties at that rate? If so, that really helps us know where our numbers need to be on these properties!