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Updated about 4 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
John McCabe
  • Investor
  • Westfield Center, OH
3
Votes |
8
Posts

What is the best way to sell a package of quality, occupied prop?

John McCabe
  • Investor
  • Westfield Center, OH
Posted

I have a package of 10 properties (16 doors) in Ohio that I am looking to sell. I am hoping to 1031 into a larger purchase. Any advice on the best way to find a buyer that is able to close on the entire deal? All properties are occupied and well maintained. I am open to staying on as the manager, as I have owned them for years. Purchase price $1,449,000, gross annual rents $216k. Cap rate just under 12%. 

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