Real Estate Consultant · Raleigh-Durham NC · Member since 2019 · 128 posts · 34 votes
Hey there everyone I was just wondering what the Absorption rate is for commercial multifamily in Greensboro NC? Also what is the going Cap rate for the area?
Rental Property Investor · Baltimore, MD · Member since 2016 · 253 posts · 178 votes
7y
@Mahmoud Y. Elhalawany You should contact some local brokers in the area and ask them what are the cap rates in that particular market with respect to the specific class of multifamily you are interested in. They should have a good pulse on the market. As for absorption rate, they may be able to tell you or you can do some research via publications from CBRE or Marcus and Millichap. Or you can pay for a CoStar subscription to get this info. Hope this helps.