Acceptible Comp Criteria for Quad

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Hi all. I am working up an arv for a client who has a quad under contract. The quad sold comps are not in repaired condition, but some nearby triplexes and duplexes are. Would it be acceptable to use the per square foot sold price of those to estimate arv for quad? Balanced for build quality, location, etc. of course. This is going to a hard money lender.

[Angelo C.]

Hello Robin Williams
I would use the quadruplex comps and adjust for condition. The condition adjustment can be derived (as a %) from repaired vs un-repaired duplexes and triplexes.
Best wishes.