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Updated almost 7 years ago on . Most recent reply
C class multiplex due diligence
Hi, As part of my due diligence on a C class multiplex, I am planning to invest in, in south Houston, I got a police crime report stating that the police dept gets 10-11 calls/ month on that property, has 12 crimes recorded over the last 6 months. Is this a red flag or should I just expect this in a C class neighborhood. Can anybody advise ?
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@Kevin Martins Without knowing specific knowledge of your market I would say what you're looking at is closer to Class D.
Class C shouldn't have that many problems unless you've got a 1000+ unit property and it's a numbers game where you're bound to at least get a few calls because of how many people there are.