It is the economic hub after all. if the precises are challenging try Hamilton, Tauranga and Wellington. 

It's not 100% precise as some of the smaller expenses vary, but it's pretty darn close. 

I'm starting to look into CFDs and am wanting to get a little more precise than the "stairstep" method of bidding.

If I can determine precisely how much energy each living unit consumes, then I could pay the power bill and bill each tenant accordingly. 

I am simply using more precise language.I do this because Unrelated Business Taxable Income (UBTI) is generated when a tax-exempt entity engages in a trade or business on a regular or repeated basis (i.e. flipping houses or other types of dealer activities). 

That would dictate where you should be looking.If you spell out what cash on cash return you are looking to achieve and your price range is, you might get more precise answers from fellow BP members

Doug McVinua precisely.

@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...