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Updated over 3 years ago,
Multi-family cap rates in Davidson Country (and Middle TN)
Hi BP community - I'm currently working on acquiring my first multifamily property and recently started analyzing deals.
Being new to multi-family, I'm paying closer attention to cap rates than with my previous single family properties. What are ya'll finding in Davidson (and surrounding) counties as a "good" cap rate for multi-family properties in class B and C neighborhoods? Just curious as I work to better define my buying criteria.
Thanks!