Analyzing ARV of a 6 Unit

[Luke Tetreault]

New to multi family investing and just curious how you go about calculating your ARV of a 6 unit specifically. I have a deal with great value add opportunity, but I'm not sure how to calculate it to figure out what my by price and rehab budget should be. I would be looking to BRRRR this property due to purchasing all cash with a PML. There are very few multifamily properties in the area, and none that are remodeled and updated. I believe multifamily appraises based on actual income of the property? Ive done plenty of single families, duplexes, and triplexes. Just trying to transition into some bigger deals. Thanks for any info!