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Updated 9 months ago on . Most recent reply

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Antonio Thomas
  • Investor
  • DC/MD/VA
0
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2
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How to comp Mixed-Use property

Antonio Thomas
  • Investor
  • DC/MD/VA
Posted

Hello all, I'm in the DMV area and I currently have a Mixed-Used property that I need help comping somewhat. The property has an apartment on the top floor, a beauty salon on the main level, and an unfinished basement. The properties condition isn't bad, but does need some upgrading. The seller's asking price is actually in the neighborhood of the sales/asking price of the other comps which is good. What I'm curious about rather is should I be comping this property as a normal property or as a commercial property since it is mixed-used.

-Any advice?

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