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Updated about 2 years ago on . Most recent reply
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Any 7% Caps left out there??
Any 7% Caps left out there?? Interested to see what everyone is acquiring right now. What was the best cap rate you got this year and where was the asset?
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Quote from @Rob Chiang:
Any 7% Caps left out there?? Interested to see what everyone is acquiring right now. What was the best cap rate you got this year and where was the asset?
I can force a 7 cap on multifamily properties by renting them as MTR. I did it on a duplex in Austin and took it from a 2 cap to 8.5 cap