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Updated almost 7 years ago,
Under $1.2 mil, 10% cap rate, B class , 10 plus units.
Does it exist? What city / market can one find this type of property? Am I looking for the golden unicorn? I see some markets like Kansas City and Columbus OH come close with some renovations and raising rents but it seems as though it’s a tuff find. Anyone know of any markets that are close to these numbers that I’m not thinking of?