Appropriate Prep for Selling A Portfolio

[Deanne Bourne]

I have several residential multis and a few SFRs that I would like to sell as a total portfolio. How do I create a sales document  and with what information?  It isn't commercial property. Can it be advertised on this or other websites like Loopnet? 

 I would like to invest closer to home and to consolidate. The properties are in upstate NY and have been a good investment. 

Thank you 

[Jeff Filali]

It doesn't need to be fancy.  You can simply put them all in an excel spread sheet and also have a separate file with photos, and most investors will also want to see the full financials.

Minimum information on each should include: (You can make these the columns on spread sheet)

STATE

PROPERTY TYPE (SFR or Multi)

ADDRESS

SQ FT

BEDS

BATHS

MONTHLY RENT AMOUNT

OCCUPANCY STATUS

LEASE INFO (HOW LONG)

TAXES

NEEDED REPAIRS

RECENT REPAIRS/IMPROVEMENTS

IS THERE PROPERTY MANAGER

ANY ADDITIONAL INFO THAT YOU WOULD WANT IF LOOKING TO BUY