Dallas Multi-Family and Cap Rates Insight

[Natalie Wells]

We are continuing our research and looking at multi-family deals in TX as thus far all our multi-family syndication deals have been in Seattle. I know there are a ton of Dallas investors and agents on bigger pockets, so hoping to get some great insight. I would like to get input as to CAP rate. If someone has a class B to C apartment building- stabilized property with market rents in place. Not a value add.
What CAP rate have you seen on properties sold? 7-15units range, desirable areas in Dallas. I know this is a really wide range but are just looking for insight and a general idea. THANK YOU!

Best,

Natalie

Plus One Sydications