Real Estate Investment Property in Richmond, Virginia: Cap Rate

A look into the most recent (January 2010 through September 2011) triplex and quads in the Fan area reveals a relatively tight cap rate range of 5.41% to 8.52%, and an average of 6.51%; removing the highest and lowest rates brings the range to 5.72% to 7.17% and lowers the average to 6.31%. To read more about Real Estate Investing including information about ROI, NOI and Cap Rate check out this article about Multi-Family Real Estate Investing. For additional information on residential investment properties, please contact Carter Snipes at carter@snipesproperties.com.

 

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  1. […] are willing to pay was between 5-9% with an average Cap Rate of 6.5%. You can read the synopsis here. This represents a fairly tight range, which means that investors are willing to pay a slight […]

  2. […] are willing to pay was between 5-9% with an average Cap Rate of 6.5%. You can read the synopsis┬áhere. This represents a fairly tight range, which means that investors are willing to pay a slight […]



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