Multifamily per door price vs SFR and condo sold price nearby

[Hament Raju Mahajan]

In performing large Multifamily project (say 100 units in , C location, low median income) due diligence how could one compare the per door price of the asset being acquired and the price of condos and SFR for sale nearby.

In this hot MF market I am seeing that people pay a huge premium for MF doors as compared to condo/ SFR nearby. like to confirm this fact.

One deal i was looking at in a southern desirable MF state had per door acquisition price was about 70K and in the immediate neighbourhood condos were selling from a starting price of 30K and SFR from 110K

Does this analysis raise red flags?