Tried to negotiate the price down with the seller but that didn't work out and the deal fell through.This is just one deal, and isn't reflective of the market in general - just giving you a single data point.

But i don't have enough personal data to really give you an accurate information yet!

I would say that selling 99.99% invalid/crap data is a scam.  

Thanks for the data point!

I'm doing some market research for good potential options in multifamily, and I can't figure out a way to quantify an average price per market.For example, in residential I'd use the median house price, but there doesn't seem to be data available equivalent to "median house price" for multifamily (at least not that I'm aware of).  

I am not familiar with them specifically but you should know there are many companies out there with software that crunches data to give you leads.

•Search by your current location (using the GPS locator), type in a specific address, or draw a custom region on the mobile map•Overlay rich local data on top of map search listings, that can highlight:- Neighborhoods-Subdivisions-School Districts-Points of interest (Restaurants, shopping, hotels, etc)•Discover new listings virtually with the Xome Zoom to zoom in on properties in your current location•You can filter your searches by the status of a property, the type, the price range, the number of bedrooms or bathrooms, the square footage, Open Houses, and more•Use the Mortgage Calculator to determine how much home you can afford•Review neighborhood school information and the Walk Score rating•Share homes via text message, email, and social media•See the Xome Value for any home in the U.S.

Do you have hard data for your local area to prove this assumption??

Scott:If you are simply looking to analyse a property, create a budget or model cash-flow, then there are lots of spreadsheet templates available ... or, at least enough bits and pieces to get you started on building your own.If you want to keep the books of your business, then you will be best served to get a basic accounting package (QuickBooks, MoneyWorks, etc) even if you have only one property (at the moment).Ask your accountant if they have a preference as they will be more accustomed to importing data from certain packages into their system.

At least it couldn't hurt.In addition to the realtor angle and depending on the scope of your plans, you could pull data on brownfield/contamination areas and cross-match it to parcel and property appraiser data to prepare a target list.