Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago, 06/12/2022
ADVIaSWANNY 57 UNIT MENTOR OHIO!!
Hi All. That was supposed to say, “advice needed” in the heading above. User error.
This is Swanny from Podcast 238. We have been working hard repositioning a 57 unit in a great area, Mentor Ohio. Population is growing. Median level Income has been steadily rising to about $78,000 a year. It is a landlord friendly area too in Lake County, Ohio.
We have a lot of meat on the bone for a buyer too. Just wondering what avenues you would use to market, besides my preferred commercial broker out there that has the listing. I have sent their OM out to my contacts, potential investors, and other brokers I have worked on the buying side in accumulating 9 apartment complexes in Lake County, Ohio since 2015. I have let the brokers know my broker will split the commissions in half with a broker representing a buyer.
Any other suggestions? Just listed it about a week ago. Open to all suggestions. It is a great area and a great product, with a lot of potential to take it to the next level for a buyer.
Swanny
Guest BP Podcast 238