IMA/IPTI Webinar: Valuation of Multi-Residential Properties
February 23 @ 11:30 am - 1:00 pm
Valuation of Multi-Residential Properties – Webinar
Date: February 23, 2021
Time: 11:30 am -1:00 pm (EST)
The valuation techniques employed to value multi-residential properties vary across property groupings such as high-rise, medium-rise and walk-up apartments. Direct capitalization of net operating income into present worth is one of the methods used to value these properties. The general uniformity of units within each of these groupings also allows for the utilization of gross income multipliers which is another method of converting rental income into current value. As with all income producing properties, analysis of the income and expense statement is a critical part of the valuation process as it will allow for consistent comparison of rents per unit type and identify what utilities are either included or additional to base rent.
This webinar will explore both methods and provide practical examples of their development and application.