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Prices on quality Multifamily assets are holding firm. Although there are significant price reductions in older properties, Class B+ and A- in growth markets are holding firm because of the huge amount of capital still flowing into this stable asset class. These days you can expect a 4% annual return on your money and an IRR of 10-12% on these deals.
Mark Hamilton, Founder of Hamilton Zanze in San Francisco, owns over 23,000 units, and has over three decades of multifamily experience.
Learn more at https://www.streetsmartsuccess.com
