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Updated over 10 years ago,
Apartment complex for sale
Was hoping to get some advice about this particular scenario. I typically am looking every day for properties, whether I am going to buy or not.
I happened to come across an apartment complex selling off a section of the units. When I first found the listing I didn't pay much attention to it, now that my business partner and I are getting closer to making a deal my eyes are open a little further.
So back to this apartment complex. During some recent research I noticed there were two other listing for the same complex. So it would appear as if the ENTIRE complex is being sold. Also, I'm assuming it may be owned by 3 different investors which is why it has multiple listings.
Is this a warning sign? Or perhaps a sign of motivated sellers? Any thoughts in regards to this or perhaps a suggestion of questions I should toss out there to get more info.