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Updated almost 11 years ago on 02/13/2015. Most recent reply
User Stats
When will the madness end?
http://nreionline.com/multifamily/record-sales-volume-and-high-prices-apartments-2014
Average cap rate of 6%?! We bought at 12% in suburban metro Detroit, would be great if the market recovery (and our renovations) get the cap rate to 8% when we're ready to sell.
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