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Updated almost 7 years ago,
How to determine ARV on Orlando building
Hi there,
I'm looking at buying a 24 unit apartment building in the Orlando area. The building cost $699k and needs around $200k in repairs. The building has 15 efficiency units, 3 1BR units, and 6 2BR units.
What process should I use to determine the ARV of the building? Any thoughts would be greatly appreciated!
Thanks!
Robert.