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Updated over 12 years ago on . Most recent reply
Rental Comp Suggestions houses and condos vs apartment?
I've been looking at padmapper/craigslist and local apartment communities, I'm wondering how much exactly a house would increase your rental revenue if everything else is the same. My market is a college town.
Property 1 - 2BR/2BA with garage Condo - Looking for 1100/mo
vs.
2BR/2BA with car port - 1080/mo
Property 2 - 4BR/1.5BA house - Looking for 1500/mo
vs.
Apartment community - 3BR/1BA - 1100/mo
Apartment community - 2BR/1BA - 900/mo
Apartment community - 1BR/1BA - 720/mo
Individual rooms in shared houses - 400-500/mo