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Updated over 2 years ago,
How do SFH converted Multifamily appraise
I'm looking to purchase a property and possibly convert into Multifamily but I'm needing to know how run comps on a SFH converted into Multifamily, do I run comps for SFH in area, do I look at cap rates, I am in Midwest market and I know cap rates generally run higher , but needing to get general idea of what ARV will be