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Updated about 8 years ago,
What is expected cap rate for a 15 unit apt bldg in S. Miami, Fl,
Members,
Is there anyone on BP, that may know (or have experience with) what the expected cap rate for a 15 unit apt bldg in S. Miami, Fl, should be? Is this a reasonable question? It is across from the University of Miami. Commercial is new to me, so if you need more info from me, please advise. Also any advice, suggestions etc , are, of course, encouraged and welcomed.
Thanks, in advance.
Alex McGhee