Underwriting property taxes multifamily

[Jason Rosenblum]

Hi all,

Am currently looking at a 256 unit property and trying to anticipate where property taxes will be after sale.

Can anyone help shed some light as to what to look for? the current assessed value of the property is 6.13m where purchase price would be near 11.3M, i am anticipating based off this that there is a good chance the property taxes will double but i am not sure if assuming so is correct.

Thanks!