Hi, i am in a mid-sized town in Arkansas.

When you start getting into those sized, you start tapping into larger markets that just that vacationing crowd 90-120 days a year.

If there aren't any maybe move up to whatever decent sized town is around and try the same.

My business partner and I are looking to move to a 11,052 sqft building down the street but we definitely don't want to overpay for the building as we already are quadrupling in size, buying machines and taking on a lot of debt.

Just thought it might be of interest to others in the CA market faced with 20% on a Los Angeles size loan.

Comps for a similar size 2/1 or 3/1 seem to be $25k to $50k.Look at this slightly larger 3/1 property which was bought for $23,000 and seems like it just came off market (not sold) at $79,900.

These 1 bedroom units offer an over sized bathroom and double closets.

But w/value add apts of any real size, appreciation takes on a whole new concept.When we are talking larger apts, commercial property valuation methodology (based on property income) not so much sales comps apply.  

These 1 bedroom units offer an over sized bathroom and double closets.

@Allende Hernandez, you have the classic problem of needing a "smart key" to open a "smart lockbox".One option is to put a traditional lockbox (large size) which has the smart keypad type device where the user enters a pin you have remotely configured and assign to them.