Selling a package of properties for their income value??

[Kimberly Jones]

I have decades behind me in the business of Real Estate but I have never seen this. Of course I never profess to know everything so I am wondering if anyone else has ever seen it? 

Seller has 20 something properties that are rehabbed and rented sec 8, and he wants to sell all as a package. His "method" is to sell the package as a business and go off of the "Income approach" as opposed to the "Sales comparison approach" on the appraisals, and the "income approach" is definitely higher.

Is that even possible? How would a buyer be able to get financing for that? Are there REALLY people out there that would buy properties for more than they are technically worth?? 

My background is Real Estate financing and Real Estate investing, NOT Business Brokering. I suppose there could be a world where this could happen? Is it possible to flip real estate as a going concern? If so, I would really like to know about it!

@Braden Smith you ever see it?