CAP Rates for cities or areas

[Harold Curtis]

How can I find the CAP rates in a city, town or MSA to calculate value for Commercial Real Estate - Multi-Family?

Market is changing rapidly - again!

[Arn Cenedella]

@Harold Curtis

There are various publications that publish cap rates.

This cap rate data is an aggregate number taken from many deals so it will provide good ballpark guidance. Of course, this number must be adjusted for the specific property amd location.

The best way to learn is to get in the market - learn the properties - see what they trade for. That’s really the best way to get a handle on the market and the cap rates in that marlet.