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Updated about 8 years ago,
Paying a premium for a building vs single units
I am trying to value a quadplex (townhomes), but there aren't any comps in this particular subdivision for whole buildings. They are usually sold as separate units. Single units are going for around $40-50k, but they are asking north of $200k for the building, which has 4 units. What is the best way to value something like this?