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Updated about 2 years ago,
Appraisals for apartment/sixplex
I have a building that has six units side by side that will be renovated and rented as studio apartments. This is in a rural area - was formerly a motel. Zoning is residential. This is somewhat of a unique property and trying to figure out if this requires a commercial appraisal or residential appraisal. What are pros and cons of both?