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Updated over 8 years ago on . Most recent reply

no renters
Hi !
If i'm looking to buy a apartment building with 10 units and 0 units are occupied, how do i put a value on the property ?
I mean if u valuate on the normal way NoI / cap rate =value u will end up with a really small value compared with the same building with 10 tenants? or can't you put a value on a building with no tenants?