This was the criteria I used (it's heavily based on the Best Ever Syndication Apartment book written by Joe Fairless):Criteria UnemploymentGet this information from Census.gov under the “Selected Economic Characteristics” data tableCalculate the unemployment change over a five-year period using the unemployment percentage for the city for the last five yearsIdeally, you want one that is decreasingA low, stagnant rate is acceptableA high and/or low increasing rate is unfavorablePopulationBoth the city and MSA population data can be found on Census.gov The city data will be under the “Annual Population Estimates” data tableThe MSA data is located in the “Annual Estimate of the Resident Population” data tableCalculate the population change for both the target market city and the metropolitan statistical area (MSA) using the population data for the last five years for the marketAn increasing population is idealA stagnant or decreasing trend is unfavorable, Especially if apartment supply is on the rise Population AgeFind this data on the Census.gov website under the “Demographic Characteristics” table.

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.

I just need access to the data and zillow provides that.

@Pedro Amador there are data sources that can provide you with a list of target properties that match your exact criteria.

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.

@John Pelaez Does this take into account local quotes for data such as property insurance, taxes etc.?

If you haven’t already, be sure to view the STS’s “estimated returns” data for the area here and do a thorough analysis of the numbers: https://theshorttermshop.com/e...My 2 cents on investing in BB?

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.