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Updated about 5 years ago on . Most recent reply
Cap rates in Denver Co.
I have an oppertunity to buy a 12 unit appartment complex. When I run the numbers on the property it does not cash flow with current Denver cap rates. Denver cap rates at very low.
The 12 unit property I want to buy is being sold as an owner carry. I need ideas on how to present my offer because I will not be able to buy it at current cap rates of 5.1% and make any money on it.
Gene