... create value acquiring Class B apartments are available to the patient investor who takes the necessary time to conduct a diligentsearch. They are not as readily available as Class C apartments, ... significantly, and prices came down hardand fast. Many, many bank loans went bad as investors walked away fromtheir properties.In summary, for the value-play investor, Class A apartments offer the leastupside ... are used to valuing propertieson an income basis rather than on comparable sales. To clarify, comparablesales are taken into account when valuing apartments, but the values arepredominately derived...