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Updated almost 6 years ago on . Most recent reply

User Stats

18
Posts
2
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James Mosby
  • Real Estate Agent
  • Hagerstown, MD
2
Votes |
18
Posts

Viewing 16 unit Multifamily property

James Mosby
  • Real Estate Agent
  • Hagerstown, MD
Posted

Viewing a 16 unit Multifamily unit. What should I look for, What questions should I ask, what information should I gather to do an analysis of the property.

Most Popular Reply

User Stats

209
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126
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Jarrod Kohl
  • Boston, MA
126
Votes |
209
Posts
Jarrod Kohl
  • Boston, MA
Replied

Aside from the basics (roof/systems/exterior/etc replacement times) I would check to see how each unit is metered.  What kind of rents they are getting, hopefully you can get a rent roll.  Are there section 8s in the building, any TAWs, undergrads, etc.  Some questions the agent or owner won't know or will not want to answer, but it does not hurt to ask.  

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