doing a CMA on multi families,how to value more/fewer units

[Howard Bonenberger]

I'm a beginner doing a CMA for a Multifamily.

1. How do you value the difference in the number of units between properties?  Do you use the rent generated by a unit?  

2. Also, what is the value of a 1 car garage, a 2 car garage and off street parking

Thank  you,

Howard Bonenberger

[Nick B.]

Are you asking about 2-4 units or 5+?

The former are valued on comparable sales, just like single family homes. 

The later are valued on NOI and cap rate.