Even if there is an economic downturn in the near future, the apartment sector is likely to hold up, according to industry experts. Continue reading “The U.S. Apartment Sector Would Continue to Remain Strong Even in a Recession”
Apartment Sector Sustains Positive Outlook;
Emerging Trends for 50 Metros Across U.S. and Canada
Rising interest rates, a possible slowdown in new construction likely to keep apartment occupancies stable and rents growing.
Continue reading “Midwest Apartment Market Should See Solid Performance in 2019”
Investors should be keen on apartment assets due to strong fundamentals, opportunities for both buyers and sellers, and an abundance of capital
Continue reading “Healthy 2019 Projected for Multifamily Investment”
| TYPE | Multifamily |
| PRICE | $1700000 |
| UNITS | 24 (20 2Bds/4 1Bds) |
| BUILDINGS | 2 |
| FLOORS | 3 |
| OCCUPANCY | 100% |
| CAP RATE | 8.63% |
| CASH-ON-CASH | 19.62% |
| TYPE | Multifamily |
| PRICE | $795000 |
| UNITS | 12 (All 2Bds/1Bth) |
| BUILDINGS | 2 |
| FLOORS | 3 |
| OCCUPANCY | 100% |
| CAP RATE | 9.7% |
| CASH-ON-CASH | 23.9% |
| TYPE | Multifamily |
| PRICE | $559000 |
| UNITS | 22 (9 2-Bds / 8 1-Bds / 5 Studios) |
| BUILDINGS | 6 |
| OCCUPANCY | 100% |
| CAP RATE | 11% |
| CASH-ON-CASH | 19.32% |
| TYPE | Multifamily |
| PRICE | $485000 |
| UNITS | 5 |
| BUILDINGS/Stories | 1 / 2.5 |
| BUILT/RENO | 1914 / 2014 |
| OCCUPANCY | 100% |
| CAP RATE | 8.69% |
| CASH-ON-CASH | 19.11% |
| TYPE | Multifamily |
| PRICE | $5.7M |
| UNITS | 84 |
| BUILDINGS | 7 |
| BUILT/RENO | 1973/2014-2018 |
| OCCUPANCY | 97.3% |
| CAP RATE CURRENT/YR 1 | 8.34% / 9.81% |
| CASH-ON-CASH CURRENT/YR 1 | 15.67% / 23.02% |
