Multi-Family properties are residential real estate assets designed to house multiple separate living units within a single structure or complex. This category includes duplexes, triplexes, fourplexes, garden-style apartments, mid-rise and high-rise apartment buildings. Valuation of multi-family assets typically involves both market comparison and income approaches, with considerations such as occupancy rates, rental income, unit mix, operating expenses, and location-specific demand.
This assignment was 40 acres of land with a 178,224 square foot vacant office building, with a portion of the land to be redeveloped for Phase 1 which included 60 townhomes with rear garage entry, a 24 unit 3-story garden apartment building, and a 47 unit 3-story garden apartment building, and a 7,000 square foot clubhouse. The seller engaged us to assist in valuing the property as is, upon completion, and upon stabilization of the new construction.
Cumberland County, PA
This was the proposed adaptive reuse of a suburban office building into a mixed use apartment and retail project maximize highest and best use.
Pittsburgh, MSA
This was a newly built multi-phase project with 216 units (120 - two beds, 96 one-beds) for Agency Financing.
Suffolk, VA
Multi-Phase Development consisting of 48 townhome units and 119 mid-rise apartments for Construction and permanent financing.
Carlisle, PA
Urban Garden Apartment Community with a mix of 1, 2 and 3 bedrooms. Some in Housing Assistance Section 8 - some market rate apartment. For Agency Financing
Baltimore, MD
Downtown Historic High-Rise Building in Adams Morgan area. Property was 100% occupied and consisted of Studio, 1 and 2 bedrooms. For Agency Financing.
Washington, DC