Cap Rate


Does anyone know what the cap rate is for multi-unit properties in Cary, N.C? I am trying to justify a listing price for a duplex I am selling.

Comments(3)

  • rglover54823rd May, 2007

    CAP rate is not a good justification for a duplex. They usually fall into the residential market category, i.e. whatever $$ square footage homes are going for in the area.

  • thirdeye21st June, 2007

    So the cap rate is best for multi-units (4+ units)?

  • rglover54821st June, 2007

    Yes. CAP < 5= Run... CAP between 5-10 = Average deal; CAP >10 = Good deal or Damaged property

    Cash flow is also very important with 4+ units

    Good luck

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