Today’s Daily Data Discussion post is the obvious follow-up to yesterday’s where we looked at the markets around the nation with the lowest class B multifamily cap rates. 

Interestingly we’ve had several emails come in asking how to obtain a comprehensive list of the market cap rates for Class A, B, and C multifamily from our team.  There are two options to obtain a more comprehensive list of cap rate market rankings from our system.   Every February, June, and October we publish the Real Estate Market Reference, a very detailed market ranking compendium that provides lists of the top (or bottom as it may be) 25 ranking markets in 151 different data categories; the cap rate rankings (best and worse) for each class are included. 

We’ve had several investor groups ask us to provide a longer cap rate ranking list including all of the ranked markets we study; this report is available for each multifamily class.  Please email to request. 

That said, here are the markets in our database as of today with the highest class B multifamily cap rates in the nation –

1.  Waco, TX   9.0%
2.  Harlingen, TX  9.0%
3.  Lubbock, TX   8.5%
4.  Longview, TX  8.5%
5.  Victoria, TX  8.5%  

Database Average:  6.0%
Database Median:  6.0%

Tomorrow we’ll take at look at the markets around the nation with the biggest drops in single family permitting this year. 

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