Apartments And Condos

At Irish Appraisal Service we specialize in all types of commercial real estate appraisals including appraisals of apartment complexes that are over 10 units. When you are the owner of or plan to purchase an apartment building there different methodologies involved in appraising apartments that differ from single family residence or other income producing property. We utilize the following methods when completing an apartment appraisal:

All three methods of appraisal: the cost, income, and market approaches. We obtain data to:

  • Compare and analyze actual vs. market rents
  • Verify if the area is subject to rent control
  • Study the market on a per unit basis

Apartment appraisals are in narrative format. Reports are at reasonable price points with a quick turnaround time.