Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply

My First 4-Plex Deal
What would you expect to pay for a 4- Plex near a college campus that has 4 units, each 2 bed and 1 1/2 baths? Each unit rents for $750.00 a month and it doesn't require much maintenance as it is a newer building. Expenses run around 16% of the rental income and the units have never been vacant in the past. I want to put in an offer but I would hate to pay too much. Also, if you were selling a property like this what would you expect to sell it for? I want a good deal but I also want to understand what the seller might be expecting.
Thanks,
David