The larger size of the single piece is all the value we needed to add.

The larger size of the single piece is all the value we needed to add.

I fully suspect that regardless of how many people live in a unit, the price is determined on the unit size.

Often these days the larger tenants are more demanding and you tend to make more money off the mid to small size tenants for the development as a main anchor or mid-size junior anchor wants a lot from the owner in concessions to go into a space.You mention (desirable retail location).

@Mike CumbieThis makes complete sense and if the appraiser would have used the square foot method it would have appraiser 10% higher but they used the per unit method, comparing all 2 unit properties regardless of size and only made minor adjustments

Theres no value difference in the 2 sizes mentioned.

However, if you fall into $1M-$1.2M loan amount (which I will) they can still deny based upon loan size or simply give you the underwrite from hell.

The ARV of a rehabbed property, almost regardless of size and location, will be over $200k.

Perhaps you only need to create a few more chart of accounts, charge, and expense etc categories?

Looking for somebody to set up chart of accounts, items, show me how to record a purchase and sale of property, etc.