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Updated almost 3 years ago on . Most recent reply

User Stats

12
Posts
6
Votes
Anthony T.
  • Allen, TX
6
Votes |
12
Posts

Selling a Multi-family property, where?

Anthony T.
  • Allen, TX
Posted

Hello all,

My father is looking to free up some capital for retirement.  To do this he's decided he wants to see a property he's owned for awhile.  He wants to try selling online to a bigger company vs local, so I was wondering where he could get started?

The information:
8005 Cisne St. Pharr, TX 78577
- Free & Clear
- 7 3/2b, 1 2/1b, 1 1/1b
- Cap rate: 7.25%, NOI $47k(room for increase
- fully leased & is currently semi-managed
- asking price $620-650k

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