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Updated over 9 years ago on . Most recent reply

User Stats

16
Posts
4
Votes
Adriano B.
  • Investor
  • Visalia, CA
4
Votes |
16
Posts

Need BP input on CAP rate for Multi-Family Deal in Miami

Adriano B.
  • Investor
  • Visalia, CA
Posted

Does anyone know what CAP rate would be considered low, average, high for a Class C multi-family property in Miami?

I am being offered an urban three unit portfolio with 26 units at a 6.1% CAP rate. Is this reasonable?

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