Figuring out the ARV of a Quad

[Bennett Schwartz]

Hey All,

I'm working on a project in which i'm converting a single family home into a Quadplex and looking to Refinance out of it afterwards and was wondering how to figure out the ARV. I was told two different things, either you see if there are comps of other Quads in the area or you use the Cap Rate and the NOI.

Can someone please explain how to come up with an ARV?

Thanks!