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Updated about 2 years ago on . Most recent reply

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217
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Nick Shri
  • Rental Property Investor
  • Virginia
132
Votes |
217
Posts

5-10 unit Multis - how to find them? Loopnet, Crexi? What else?

Nick Shri
  • Rental Property Investor
  • Virginia
Posted

I have been scoping loopnet and crexi for a couple of months now. Needless to say, nothing has peaked my interest. What else should I try to find deals for 5-10 unit apartments? What has worked for you 5+ unit owners?

Most Popular Reply

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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,111
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10,252
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied
Quote from @Nick Shri:

I have been scoping loopnet and crexi for a couple of months now. Needless to say, nothing has peaked my interest. What else should I try to find deals for 5-10 unit apartments? What has worked for you 5+ unit owners?

This was my sweet spot and I purchased 4 from 2003-2007.

In my county, we can search the assessor's site by property type. 

Pick an address you know is what you're looking for on the county assessor site and analyze the deets. Here a house is an 11, plex 2-4 a 12, 5 unit+ is a 13.  

I can also do this for sales history.  Play with that and see who is buying and selling these assets. 

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