Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Ike Njoku
0
Votes |
2
Posts

DFW/Houston multi unit valuation metrics Needed!

Ike Njoku
Posted

Been looking at 20 - 100 unit deals in the DFW Texas and Houston Marketd but am not familiar with what the trade at in this current climate. We all know that proformas and some broker estimates can be biased at best. Are there any investors or brokers with active knowledge of the following:

The going cap rate?

The typical price per door?

What a normal rough cut multiple for the annual GRM multiple (not the 1% rule)?

Lastly what price per square feet do properties trade for in those two areas?

Actively looking at deals in those 2 markets.

Thanks and looking forward to your insightful responses!

Most Popular Reply

User Stats

2,067
Posts
900
Votes
Percy N.
  • Developer
  • Philadelphia, PA
900
Votes |
2,067
Posts
Percy N.
  • Developer
  • Philadelphia, PA
Replied

@Ike Njoku the prices will vary by submarket, class and vintage of property as well. 

Can you provide more details please?

Loading replies...