What is the average Gross Rent Multiplier (GRM) for small multifamily complexes (1-4) in Galt?
The average Gross Rent Multiplier is 5.0, a real estate investment property with a higher Gross Rent Multiplier (perhaps over 12) is a poorer opportunity, whereas a real estate investment property with a lower one (perhaps under 9) is better. A Gross Rent Multiplier of zero would be good, but highly unlikely.