They typically are looking for the highest grade properties and willing to pay a premium.   

I removed them, sanded them down, and sealed them with a marine grade polyurethane that can only be bought at a boating supply store.

Im in an over priced, high appreciation, low cash flow market where everyone is climbing over each other to buy investment grade starter homes, and cap rates are in the 4's for anything decent in the commercial / MF space...  

Do you see similar pricing for similar grade properties in Allentown?

However, there was a 2100 sf, half below grade basement.

It's really going to depend on your location, the type of contractor you use, the quality of vinyl (whether it's insulated or not), etc.But, here's how I would break it down and make a guess...I would expect you'd be looking somewhere in the $150-300 per square (a square is 100 square feet) range for mid-grade vinyl (non-insulated).

You could put a 13 seer contractor grade or one step up in your unit that will work for the space.Ok average I charge around $3000 for a mid range AC install.This does not include any ductwork.

When we went to school, did we begin in the 7th grade or the 1st grad?

If someone knew my their votes had a greater influence, they may withhold a vote for a comment that they felt did not warrant that much weight, but still was a positive comment worthy of something....it also could skew the influence of favorite folks.I know of another system that grades on a scale of A, B, C, D and F that assigns positive and negative values, but does not reveal who voted.

When we search for clients anything sub 2 million it is harder to find what I consider quality properties to own for tenant and location with return.The properties tend to go close to asking.When you go 3 to 5 million in price the availability of quality product greatly increases and the cap rate tends to rise as well.3 to 5 million range I like national site down restaurants with investment grade rating.