Plain-English explanation
Cap-rate driven; valued by NOI not comps. Syndication territory past 20 units.
Examples
- 12-unit, 50-unit, 200-unit apartment complexes.
Common mistakes
- Underwriting at residential standards.
Related questions
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Multifamily
Large Multifamily
5+ unit properties financed as commercial real estate.
Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice
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