Sales prices of multi-family investment properties have now reached an all-time high. Buyers continue to enter the market as interest rates remain near historic lows.
Duplex sales volume decreased 6.17% over 2013. Fourplex sales volume decreased 21.43%. | Duplex avg. $/SF increased 4.45% over 2013. Fourplex avg. $/SF increased 5.37%.
Duplex avg. $/unit increased 2.15% over 2013. Fourplex avg. $/unit increased 5.50%. | Gross Rent Multiplier is a ratio between the sale price and its gross monthly rental income. Average value = (Gross Monthly Rent) X (Gross Rent Multiplier)
Information and data provided in InvestmentWatch was compiled from the Wasatch Front Regional MLS and Investment Realty Advisors, LLC proprietary data obtained from primary research of the market. Although every effort is made to ensure the reliability of this data, no warranty or representation of any kind is made to the accuracy of the information contained herein.
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