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Updated about 4 years ago on . Most recent reply

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65
Posts
31
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Danny Lambert
  • Rental Property Investor
  • Washington, D.C.
31
Votes |
65
Posts

Appreciation of 3-4 unit multifamily buildings

Danny Lambert
  • Rental Property Investor
  • Washington, D.C.
Posted

Hello BP Members in the DMV,

In the D.C. area, do multifamily buildings of 3 or 4 units tend to appreciate at the same rate as a stand-alone house? Or, given that the eventual buyer probably be an investor, perhaps these multifamily buildings appreciate a bit slower and according to the rent it can generate? If the answer varies between D.C., Northern Virginia, and Maryland, please elaborate how. For context, I am creating criteria for my first investment property and am trying to decide how much cash flow I should “require” for a multifamily building of 3 to 4 units.

Thank you in advance!

Danny

Most Popular Reply

User Stats

800
Posts
442
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Cassidy Burns
  • Investor
  • Washington, DC
442
Votes |
800
Posts
Cassidy Burns
  • Investor
  • Washington, DC
Replied

@Russell Brazil is 100% correct.  The small multifamily space in Washington DC is extremely low in inventory, and more importantly quality inventory that drives the rents that are necessary to create acceptable returns.  I do believe they will be the most valuable asset in the district in the next 5-10 years in primetime locations.  

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