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Updated over 4 years ago,
How do I get estimated value of a portfolio of apartments ?
I have been presented with an opportunity to buy an in vestment portfolio contains 4 separate apartment complexes in Central California totaling an asking price of 7.19 million. This is a mom and pop portfolio and they’re looking to liquidate. They’re very motivated but not willing to carry and would consider al a carte deals.
I am out of my element here but have a good rapport with the agent. How do I evaluate this deal to make an offer?