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Updated almost 4 years ago on . Most recent reply
Comps on multi family
Hey everyone. I'm looking to purchase multi family But I'm not sure how to come up with ARV for them. I have a clue as to what it'll cost to repair but idk if it's as sweet as it sounds. So how does one come up with ARV for multi families? It's 3 quads
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Greg Dickerson
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Greg Dickerson#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
Originally posted by @Orwin Smith:
Hey everyone. I'm looking to purchase multi family But I'm not sure how to come up with ARV for them. I have a clue as to what it'll cost to repair but idk if it's as sweet as it sounds. So how does one come up with ARV for multi families? It's 3 quads
That would not be multifamily as that is 5 units and up. You can find comps on Zillow, Realtor.com and talk to realtors in the area.