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Updated about 9 years ago on . Most recent reply

Shawn Connors's profile image
Shawn Connors's profile image
Shawn Connors
  • from Downingtown, Pennsylvania
  • Member since Jun 13, 2015
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Shawn Connors's profile image
Shawn Connors's profile image
Shawn Connors
  • from Downingtown, Pennsylvania
  • Member since Jun 13, 2015
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Shawn Connors
  • Downingtown, PA
101
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1,000
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Real Estate Deal Analysis & Advice

Help with chomping a commercial property

Shawn Connors
  • Downingtown, PA
Posted
Hey BP, I received a call today about a property that is a duplex is a great neighborhood. 1st floor is a commercial office that is currently vacant. It previously rented for $1050/month. The second floor is a 3 bed 1 ba apartment that is currently rented for $1200. My questions is, do you comp this property like you would a SFR? Or since there is a commercial building attached, does it go by the rental and cap rate? Thanks!
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