Greater Boston Traded Assets - Carey Cap Rate Report 3+ 19-6
Switching gears this week to evaluate some of the recently traded 3+ unit Multifamily Greater Boston properties. This weeks report will provide a look at properties sold during the second quarter of 2019.
Another look at the high end of the market for traded residential investment properties in the Greater Boston area. Although it took some price adjustments down 6-12% from list for a few of these properties to trade the results are mostly in the very stable 4-5 cap rate potential range providing benefits to both buyers and sellers.
Many of these properties have been inspected but the information provided in the report as well as the income/expenses used to calculate the ratings are based on estimates, therefore many assumptions have been made about each of the properties that would require a property visit and/or further research and due diligence before relying on this information to formulate an offer.
For more detailed information about any specific property simply email me at mcarey@sennere.com or complete a contact me form at markccarey.com/contact and provide the report # and property number with your request for a detailed report and if you want to schedule a property visit then also provide your availability for showing times.