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Updated over 6 years ago on . Most recent reply

User Stats

60
Posts
7
Votes
Bruce Harding
7
Votes |
60
Posts

Initial Information Request on Multi Unit

Bruce Harding
Posted

First time buyer.   I am looking at my first Off Market Mutli from a couple friends who have not put it on market.  They have money and don't need the income.   And they are tired of dealing with it.   It is professionally  managed.

What is the asking price ?

Cap Rate Based on Current Asking Price ?

Pitched or Flat Roof ?

Average Vacancy Rate ?

Management Cost ?

Any major Expenses Coming Up?

Is there a T12 - 12 month profit loss statement ?

A Current Rent Roll

Historical Expenses

Would like to estimate how much remaining useable life on major stuff like Roof, Boiler.

So those are the initial questions I asked.  Did I forget anything ?

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