@Mark WilliamsThe valuation of commercial asset (which your 24 unit building is) is driven by the NOI of the asset, the building class, the cap rate for that asset class in the area where the building is located and thit is very different from the purchase and sale of residential properties for which the value is determined by the price other people paid for similar properties.it is important to look at the P&L statement for the building you are looking to purchase and verify that it accounts for the expenses and income to work out the true NOI.The NOI divided by the cap rate and divided by the number of units would give you the price you should expect to pay.That price per unit will vary depending on the class of asset it is.Class A commands the highest price per unit and the lowest cap rateClass D commands the lowest price per unit and the highest cap rateNot the precise answer you were expecting but hope it helps.

It was a long time ago, 23 years to be precise, since I took my first real estate courses for my license.

Hey James... i just posted my first blog about doing a deal precisely like this... check it out... it will definitely give you some insight...

Hello, I'm about to move to Spain, more precisely in Alicante.

If the terms do not address this precise issue, the Trustee might be consulted about releasing the auction purchaser (and refunding the deposit) given the pending litigation.

Hi all, I'm just looking for a bit of insight and more of a  precise breakdown of the refinancing section of the BRRRR method. 

As the owner of 87.5% of the units in that building, you should have a big say in how things are run in that building.Without knowing my numbers, my intuition is that it would probably make sense to acquire the last unit if posisble.However to know for sure, I would  run a comparison analysis between keeping the units separately or pricing the building as a one multifamily.I would use the statements from the HOA to know precisely what my expenses would be.

We had a tentative deal on a 24-30 unit apartment {I forget precisely how many off the top of my head) a few years ago when the Phase 1 discovered abandoned USTs on the property.  

I am simply a deal maker who understands precisely his role, real estate matchmaker.

Since they are exchange traded, like a stock, they will fluctuate in price and are not precisely tied to the NAV of the index.