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Updated over 11 years ago on . Most recent reply

User Stats

195
Posts
102
Votes
Jimmy Klein
  • Investor
  • Houston, TX
102
Votes |
195
Posts

Cap Rate Help For Maryland

Jimmy Klein
  • Investor
  • Houston, TX
Posted

So me and my partners are looking to invest in a multifamily project with a total unit count just less than 30 units. Its in a pretty nice area suburb of MD and the seller is asking around a 7% cap. Property was built in 1998. Thoughts on what a good cap rate would be here?

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