Determining ARV of residential multi family properties

[Tucker Walser]

Hello!

I understand that when determining the ARV of a prospective property comps play an essential role, however in some markets determining the ARV of a residential multi family property has been a challenge for me. Many times there are few comps as many of the surrounding properties are small family. What do you look for when it comes to multi family units? What is the most accurate way of determining the ARV of a small multifamily property?

Thanks!