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Updated over 2 years ago,
Offer Price on Commercial Multifamily Property
When putting in an offer on a commercial apartment building. How do we receive our offer price? My partner and I are doing an analysis on how much to offer on a commercial apartment building. Our analysis consists of the NOI on the target property and the comparable cap rates in the area. Are we correct in our analysis? Also, is there room to re-negotiate during due diligence, and on what basis?