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Updated over 4 years ago on . Most recent reply
advantages of moving from triplex/quad to larger commercial?
Hi all, i was wondering if anyone has experience moving from buying multiple quad/triplexes, and then moving to larger commercial units like 20+ unit apartment buildings? what is the advantage of moving to these larger buildings? from what i can tell the profit margins/cap rate don't appear to be much better (at least based on the prices i'm seeing)...actually the gross rent / purchase price seems to be higher for many quad/triplexes than the larger apartment buildings in my area.
i guess one of the advantages is everything is under one roof, easier to manage, and easier to hand off to a property manager (less headaches)? let me know what you think, thanks
Most Popular Reply
@Russell Butler
Commercial Multi: net operating income. What’s the life expectancy of the building itself.
Single, duplex/ suited, tripled, and most all 4 plex = how nice are the taps and what are the bedroom sizes and 9 minutes later the overpaid undereducated no trades background appraiser can’t remember if the basement was finished or not and tells you a number.