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Updated over 1 year ago, 08/30/2023
Multi Family Property Valuation
When valuing a small multi-family deal (2-4 units), how should you go about doing it? Should you make your offer to the seller based on NOI and cap rate, or should you make your offer based on local comps and condition of the property? Online I see a mix of answers so I am not sure which method to go with.
Thanks