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Updated almost 5 years ago,
What is the cap rate for commercial Multifamily in Houston?
PLEASE HELP.....Hi everyone, I hope you can help me. I have a lead for a small apartment building. The seller is motivated. After running the analysis the purchase cap rate is 7.8%. My question is, what’s a good cap rate investors buy in Houston? In case I want to wholesale it, is 6.75-7% still good? I will really appreciate your help