Tips on approaching an apartment complex owner

[Frank Costa]

Can anyone provide me with an example of an effective letter used to approach an owner of a 6-8 door garden style apartment complex? The property is not currently on the market but I'm very interested in planting the seed to see if there's any interest in selling. Other than the basics of introducing myself and presenting the intent, is there anything else you would include to gain the desired attention?

Thanks, Frank

[Justin Eaton]

@Frank Costa i have copy pasted a letter format that i used for an 8 unit mixed use building. It worked for me as the owner called me a week or so after i sent the letter. I met the owner at the property a couple times but we never could agree on terms, i have not bought the property, YET! I have bought an off market duplex from a similar letter of a slightly different format of this letter. I have had pretty good luck with direct mail. See below! 

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Dear owner,

I hope this letter finds you well. My name is Justin Eaton and I am a local real estate investor. My company is Eaton Homes, LLC. I have been in the business since 2013, so far I have done all flips and I am in the process of purchasing my first single family buy and hold property. I am also looking to purchase a multi family property and I saw the mixed use multiplex that you had listed for sale in Magnolia. I am a Magnolia resident and I drive by that building every day! I would love to revitalize the exterior and make it a prominent building in town!

I am writing you this letter to see if you would be interested in a seller-financing or master lease option on the property.

Also, if you have any other properties that you may be willing to sell, I would be interested.

Feel free to contact me any time via phone or email, both of which are listed below.

Direct cell:  ### 

Email: ####

Have a great day and thank you for your time.

Justin Eaton, Owner

Eaton Homes, LLC.

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