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Updated about 9 years ago on . Most recent reply
Multifamily in Gastonia and Mount Holly NC
I have an interest in small B-C class multifamily (let's say 12-50 unit buildings) in Gastonia or Mount Holly, NC. I am intrigued by the dynamics of the market and have visited it several times. That said, my interactions have only been with banks and property managers. I would love to hear from folks closer to the action. A few questions:
- What are the actual cap rates currently trading (B, C) ?
- Does this asset class tend to compete with the massive number of SFRs?
- Any suggestions for getting off market deal flow?
I'll stop there.. Thanks!
Corey