What documents to request for Multifamily offers?

[Nazz Wang]

Hi BP Family,

I am making an offer on my first multifamily building ever, so I want to know what doc's to request when making an offer.

It is a 8 unit building with around a 9% cap rate. There are two store fronts and 6 residential units total. The owner had it for 30 years and is retiring.

I want to ask for the below documents:

Current leases or one year of rent receipts to verify rent

2 year schedule E for the property

Then I ran out of ideas. Would the experienced buyers please help me out?

Nazz