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Updated almost 9 years ago,

Melissa N.'s profile image
Melissa N.'s profile image
Melissa N.
  • Rental Property Investor
  • from Charlotte, NC
  • Member since Feb 24, 2016
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User Stats

293
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88
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Melissa N.'s profile image
Melissa N.'s profile image
Melissa N.
  • Rental Property Investor
  • from Charlotte, NC
  • Member since Feb 24, 2016
Connect
Melissa N.
  • Rental Property Investor
  • Charlotte, NC
88
Votes |
293
Posts
Starting Out

5 CAP?

Melissa N.
  • Rental Property Investor
  • Charlotte, NC
Posted

We are looking at a 10 unit building in a class A, very upscale area near a growing city. The place has a lot of work to be done (roof, parking lot pave, updating, etc).

After fixing it up we are debating what a reasonable cap rate would be. What do you think the lowest 'acceptable' cap rate is?

This would be our first multifamily and I'm having some analysis paralysis.

Thanks!

Melissa

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