What size multifamily can you buy for $1MM in your market?

[Brian Garrett]

What size multifamily building does a $1MM purchase price get in your market for a true C/B Class area? 

Here in Palm Beach County, Florida the most you can get is a 5-8 unit building for that price point. 

Somewhere in the $125-200k/door range depending on location for a true C/B Class neighborhood.

I'm starting to consider other markets and I'm curious to see how much more value you can get in other areas.

[Jason Gettler]

@Brian Garrett

It might buy a 1 bd/bth shack here in Southern California