How to find a Market's Cap Rates?

[Austin Petrie]

I'm looking for cap rates in Kansas City for each property class and came across apartmentloanstore.com

Does anyone use this site to get a decently reliable estimate of current cap rates for the city you invest in?

For example, they show these cap rates for KC (https://apartmentloanstore.com/kansas-city/kansas/cap-loan-rates):

• Luxury - 4.62
• A class - 5.14
• B class - 5.67
• C class - 6.24
• Value add - 6.45

If you don't think this site is reliable, besides costar, what resources do you use to find market cap rates?