How new does an apartment need to be for Grant to consider it a newer property?

Quick answer

Grant often thinks of roughly the first four years as the sweet spot for a genuinely newer feel, but age is not a hard cutoff. A five- or six-year-old property with excellent maintenance and management can outperform a brand-new lease-up. He uses age as a clue about finishes, systems and condition, then judges the actual building rather than letting the construction year make the decision by itself.

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