Multifamily purchase comparison

[Michael Mobley]

Hi,

Just looking for opinions comparing 2 different deals in the works.

Would you rather? In this case similar price points. Both will be managed by a 3rd party. Both slightly below market in rents.

A. 30 units in a better market- lower cash flow but stable. Value add opportunity but not necessary.- also this one is nearby.

B. 60 units in a smaller market; lower rents with similar value add. Much more cash flow positive. Likely less appreciation than property A. Value add but also not necessary.

Obviously lots of details come into play. Let me know your thoughts and suggestions.

Thank you for any input!