Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 6 months ago,

User Stats

15
Posts
4
Votes

Advice needed on selling multifamily project

Dennis Nikolaev
Posted

Hello, I started a project 2 miles east of downtown San Antonio. I own the land, I got it zoned for multifamily and I got the plans, elevations, renderings worked out. 

It has one STR penthouse (5 bdrm 4 bath with 3000 sf roof terrace), plus 5 duplex units (Each duplex is two 3 bdrm 2 bath). 22 parking spaces. There is also a common use roof terrace of another 3000 sf.
I got into a mess with my other investments so now I have to exit the project to get cash.

I'd hate to sell it as an empty lot. What would you do in my place?

Loading replies...