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Updated almost 6 years ago,
Multi-family Apartments with 10%+ CAP still exists?
I have been investing in SFH rentals in the Seattle area and want to move to multi-family apartments ($2-3M value). I am using MLS and Craiglists but not have luck finding anything close to a 10% CAP rate. Does a 10% CAP still exists or am I using the wrong tools to find properties. Thanks for the advice.