Residential Apartments

14 December, 2013

portfolio21We have many clients requesting appraisals of residential apartment buildings. When an apartment building contains more than 5 unit, a commercial appraisal is required. Residential appraisers are not licensed to appraise 5+ apartments for federally insured loans. The vast majority of apartment appraisals include properties ranging from 5 to 50 units. However, we have appraised apartment buildings up to 250 units. These appraisals include form report and narrative reports. Building types include low-rise, mid-rise, high-rise, garden style. Within these properties types include low-income housing, subsidized housing, Section 8 housing. Apartment buildings are either master metered buildings, separately metered buildings. Historical and current operating income and expense data provided by the owner, or property manager ,is needed to determine the income stream, vacancy, as well as other income related data for an accurate appraisal.

  • About Us

    We are a full service commercial real estate appraisal company servicing all of Southern California. Our veteran team of commercial real estate appraisers has over 80 years of combined appraisal experience. We are a highly qualified group of dedicated real estate professional appraisers servicing a diverse client base.
  • Contact Information

    Mores Appraisal Group
    P. O. Box 41279
    Long Beach
    California - 90853
    Phone: 562-208-4946