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Updated almost 2 years ago,
Help me choose between 2 multifamilies
Which one would have lower turn over and/or easier to fill vacancy?
Property 1: asking 619k. 3 family. 1 bed, 2 bed, 3 bed. Total 6 bed 3 bath.
Property 2: asking 650k. 4 family. 3X 1 bed, 3 bed. Total 6 bed 4 bath.
On paper the coc return would be exactly the same based on rent. Assuming location and condition the same what would you choose?
Location: small town (100k pop) in upper MA near NH border.
Thanks!