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Updated over 4 years ago on . Most recent reply

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Multi-Family and Apartment Investing

20 unit property vs ten duplexes

Alan W.
Posted

Hi All, 

I'm debating whether to purchase a 20 unit building or ten duplexes in Milwaukee.  

Works about to about $50K per door, similar quality neighborhood. I live on the west coast so I'll have a PM handling everything.  

Would appreciate an input which option to go with? 

Any neighborhoods I should consider. Is $50K per unit reasonable? 

Thank you

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Marcus Auerbach
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  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
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Marcus Auerbach
#1 General Real Estate Investing Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

At a $50,000 per unit you have to put the words "quality neighborhood" between quote marks.

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