Sacramento Duplex Market Follow-Up
One person asked about income and gross rent multipliers following up on my Duplex article. To be sure, historically these numbers haven’t been great for Sacramento County, but I’ve seen some (larger) multi-unit properties pencil out quite nicely since things have started to decline. I guess my point was that with almost five hundred units in inventory, there may be some that represent an opportunity, and the numbers are moving in the right direction at least. If someone were interested, I’d naturally be happy to dig further into individual units.
The other thing that’s overlooked is that duplexes aren’t always sold to traditional investors, even though they’re categorized as investment properties. Another common scenario is the extended family, in-law quarters or place for the kids, etc. Sometimes they’re half owner occupied, half investment.
