Multi Unit calculations

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  • #47842
    frankysmom
    Member

    How is the market value determined for the rental units, is it the median rent for the neighborhood as can be found on realty sites?

    Will I need to bring documentation citing market value in the neighborhood desired to the achieve the dream event?

    So a 3 bedroom unit would be higher value than a 2bedroom unit… or is it calculated all the same?

    #47844
    TTrumble
    Member

    Hello frankysmom,

    We put in a great deal of research to determine market rents and it is already in our system. Quite a bit of it is done in conjunction with local realtors. No need to bring any documentation in that regard. We’ve got it covered.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

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