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All Forum Posts by: Taylor Jacobs

Taylor Jacobs has started 2 posts and replied 3 times.

Post: What is a good Denver Multifamily Deal?

Taylor JacobsPosted
  • Posts 3
  • Votes 0

I’m on the acquisitions team for a local development company based here in Denver. My job is to find development projects, but I come across a lot of other off market real estate deals that our company doesn’t focus on, mostly apartment buildings. I don’t necessarily want to pass on these as I know there are buyers out there, but I don’t know how MF buyers are valuing these deals. Is it merely a cap rate? Can any buyers out there give me some criteria that I should be asking these Seller’s to know if it’s a deal worth doing or not?

@Kiera Underwood I am just sticking to Denver. I'm just asking because my company does quite a few mailers and I get deals sent my way quite a bit. While my company only really tries to do split-and-flips we have a lot of people with up-down MFs that reach out to us looking to sell and I don't know how to value their property. I am looking for some general criteria that I can use to help determine what is a good deal when talking to sellers about what I think their property is worth.

Is there other metrics outside cap rates that any of you can point me towards?

I work as part of the acquisitions team for a local real estate and development company and I am trying to get a better understanding of the various criteria buy-and-hold investors consider when looking at deals. I know about cap rate and have been told anything above 5.5% cap rate is considered a good deal if you can find one inside Denver, but what other criteria would you all suggest looking at when analyzing a deal?