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Updated almost 4 years ago on . Most recent reply

Orwin Smith's profile image
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Orwin Smith
  • Rental Property Investor
  • from Columbus, GA
  • Member since Dec 30, 2018
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Orwin Smith's profile image
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Orwin Smith
  • Rental Property Investor
  • from Columbus, GA
  • Member since Dec 30, 2018
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Orwin Smith
  • Rental Property Investor
  • Columbus, GA
3
Votes |
12
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Commercial Real Estate Investing

Comps on multi family

Orwin Smith
  • Rental Property Investor
  • Columbus, GA
Posted

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#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied
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.

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