Just getting started in multi-family investing in Cincinnati. Curious to hear what people's investing benchmarks are in the market right now. Will mostly be investing on cash-on-cash basis.
Not sure the information is worth much... However there is a very generic/broad stroke data point from the Marcus and Millichap in their Multifamily Research Market Report. Both their Q3 and Q4 2018 reports state Cincinnati's Cap rate averages 7.6 percent.
@Michael Klinger , great info, Thank you. Is there anywhere that you know of that gives more specific break downs on areas/neighborhoods (Clifton vs Norwood vs Deer Park, ect)?
Sorry, forgot to specify, looking specifically for cap rates.
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