Today’s Daily Data Discussion post will revisit the markets around the country with the highest Class A multifamily cap rates around the country. 

As we’ve detailed before we don’t utilize cap rates in deriving the market rankings for multifamily markets given the very strong local and regional influences on cap rate values.  Cap rates do seem to be a topic of considerable interest for most multifamily investors, and of course cap rates are one of many metrics by which to consider a properties performance. 

Without further ado here are the markets from our database as of today with the highest Class A multifamily cap rates –

1) Waco, TX  8%
2) Victoria, TX  7.5%
3) Las Cruces, NM 7.5%
4) Richmond, VA  7.5%
5) Lubbock, TX  7.5%

Database Average: 5%
Database Median: 5%

Tomorrow we’ll take a look at the markets around the country with the lowest Class A multifamily cap rates around the nation. 

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