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336
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198
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Josh Stack
  • Investor
  • Cramerton, NC
198
Votes |
336
Posts

Market CAP Rate - Gastonia, NC

Josh Stack
  • Investor
  • Cramerton, NC
Posted

Morning,

Does anyone have any experience with the prevailing CAP rate for small multifamily in Gastonia? I've done a bit of googling and not found much. There are three properties for sale on LoopNet and it seems like for a small complex/apartments the CAP rate is about 8%.

Is this in line with your experience?

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