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Updated over 7 years ago,
Rochester MN Cap rates - multi family b class
Hi All,
i am looking at an off market deal, it is a 40+ UNIT property i would call it a "B" class late 70's building well taken care of and well managed as far as i can tell. I am having difficulty finding a reliable source for what the CAP Rate should be in calculating the purchase price. Any advice or direction on where to head to find would be greatly appreciated.
thanks
josh