What is price per unit?
A multifamily quick-check metric: price ÷ number of units. A $36,000,000 ask on 120 units is $300,000 per unit, compared against recent comparable trades to flag an aggressive price.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.