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Updated over 6 years ago,

User Stats

79
Posts
43
Votes
Phil Morgan
  • Investor
  • Amherst, OH
43
Votes |
79
Posts

North eastern Ohio cap rates?

Phil Morgan
  • Investor
  • Amherst, OH
Posted

I am wondering if anyone can give me some insight into cap rates on larger buildings in different areas around north eastern Ohio.  I am looking for larger buildings, 12 plus units, and am trying to grasp the different cap rates in A, B and C neighborhoods.  I know there are slightly lower cap rates in more desirable areas but how big is this gap?  When looking at Lakewood vs Wadsworth or Medina.  I would love to hear from someone who has experience with larger properties in these kind of areas and what cap rates I should be using when evaluating deals.  Thanks 

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