Hello all,
I am in the process of closing out on my first property which is an 11 unit property in FL, and am currently shopping around for insurance coverage on the properties. The mix consists on one 8 unit buildin...

Burlington has also made it nearly impossible to build large multi-family complexes as historical rules seek to protect existing housing, most of which were single family turn-of-the-century houses that have turned into apartments in the same shell.  

I live in a condominium complex above a unit that's owner occupied.

Purchase price: $4,200,000 Cash invested: $1,200,000 The Parks@1220 is a 100 unit garden-style apartment complex located 30 minutes east of Tulsa, Ok in the town of Pryor.

With the 100+ unit complexes I invest in we are closer to the 2% to 4% range.

What is the typical target cap rate/IRR range for a hospitality, retail or apartment complex?

You cant consider a complex with 4 filled units. 2.

To be more clear, my parents own a complex I have started to property manage.

I have to admit my own preconceived notions because when I spent my 20's in a rundown complex, I knew people on Section 8 that we're great people who just needed a little help.

Most people opt for a syndication or real estate fund that has navigated the legal and tax complexities of an Opportunity Zone.