We have taken our years of experience with apartment properties and crafted it into market leading expertise. We provide clear, concise analyses of effective gross income levels, market vacancies and concessions, and thorough analysis of expense levels and overall capitalization rates, as well as consideration of any lease-up requirements.
A multi-faceted expertise, you will recognize it in each appraisal.
Our firm includes both commercial and residential appraisers. We embrace this in order to help us to identify any demand deficiencies relating to individual floor plans and it positions us to better understand the nuances associated with smaller two to four unit properties versus larger townhouse and apartment units.
Our multi-faceted expertise comes to the forefront in our highest and best use analyses and in the valuation of development projects or condominiums. These require the expertise of a single family residential appraiser in evaluating the feasibility and/or desirability of any “to be sold” units, and require the commercial valuation expertise necessary in the application of an absorption or discounted cash flow analysis.
A list of some of the most common multi-family developments that we provide services for include:
- Garden apartments
- High-rise apartments
- Loft apartments
- Condominium developments