How To Figure Out What Your Multifamily Property Is Worth
Have you ever wondered how to value your commercial multifamily property? Here’s the good news: it’s relatively easy to calculate. As long as you have good operating data on your property, you have all you need.
The value of commercial multifamily real estate (5+ units) is largely derived from an income approach appraisal based on a simple formula for valuing commercial real estate:
Current Market Value = Capitalization Rate / Net Operating Income
Your operating data should include annual NOI (Net Operating […]