Multifamily properties typically range from 20 to 500 units. Apartment complexes with hundreds of units include amenities such as indoor/outdoor pools, exercise rooms, and living areas for guests to entertain. The portfolio of appraised apartment complexes ranges from existing to new modern multi-million-dollar projects. Experience with student housing in large university towns and rural communities.
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Appraising multifamily properties is a complex process that involves a significant effort to research the market and identify the appropriate steps to value. The new apartment complexes have been increasing the number of amenities and recently have been expanded to include commercial bays to offer a more comprehensive experience and develop the project as a destination rather than a typical apartment facility. The urban and suburban projects have also been evolving to meet the demand and preference of customers.