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Updated almost 7 years ago,
Cap rates for multifamily in Washington state, Oregon, Idaho
Hi, first of all, thanks all for reading and responding! Its work to answer these posts, and we appreciate it! My husband and are researching buying(or partnering to buy--we could go either way) multifamily housing (or mobile home park or self-storage) in our "neck of the woods". But I need to know a very general idea of what the cap rates multifamily are being sold at. Not what they are listed at (that I know), but what cap rates the deals people actually get are. If that makes sense. I'm fairly certain self- storage will be a couple numbers lower-- Since its easy, and "desireable" right now. Feel free to correct me if I'm wrong. We are open to different areas, as long as they're in our corner here. I know that's only one piece to the puzzle. Also looking for a commercial agent for these areas. Thanks a million if you respond! Let me know if there's anything I can do for you! :-)