Determining Going Cap Rate in an Area

[Patricio P.]

I was looking on loopnet at multi family homes just to get an idea of options in a particular area. What I found was quite a wide range of quality and cap rates. There was everything from 2% up to 9% which seemed like too wide of a range. What are your recommendations of figuring out generally what the going cap rate is in an area?

[Kathy Stewart]

The 2015 Integra Realty Resources (IRR) Viewpoint report will provide you with market-specific CR's for a multitude of commercial property types, further divided into Class A and Class B. This is an excellent comprehensive report.