Sell Apartments The Easy Way
Looking for a way to sell apartments the easy way has been a challenge. My apartment complex is not new. It was built in the 1980s and there is deferred maintenance due to its age. I have a simple choice – make a significant investment to repair and upgrade the 48 units, the building exterior, and the parking lot and grounds surrounding them. Or I could sell an apartment complex as-is without spending money to make money when I sell it.
Over the years, I have been asked if the property was for sale. Each time I was asked I said, “No, it’s not for sale.” Nobody has asked me about it lately and yet, now is the time I want to sell. It’s a shame I did not keep the contact information for the people who inquired about buying my apartment complex in the past. Chances are, they have all purchased other properties by now anyway.
Now I need to reach out to potential buyers on my own or get involved with a commercial real estate broker who knows plenty of potential buyers. Brokers are valuable, but they are not eager to list commercial properties as-is. Commercial brokers prefer to list and sell high-end apartment complexes so they can collect a big real estate commission at closing.
We Pay Fast Buys Apartment Complexes
It looks like the investors at We Pay Fast are buying apartment complexes now. They work directly with sellers and bypass the hassle and expense of commercial real estate brokerage firms. I can call 1-800-WePayFast (1-800-937-2932) and leave a message to get a call back within 24 hours.
Naturally, there is a lot of information any buyer of an apartment complex will need to review before making an offer to the seller. Following our first conversation the We Pay Fast investor will analyze the financials I provide by email. They are very familiar with commercial property, so it won’t take long for them to get back to me and make an offer if they are interested.
We Pay Fast provides the initial purchase agreement for seller signatures, then schedules all the title work and handles the follow up. Closing costs and legal fees are also paid by We Pay Fast as the buyer.
I may sell apartments the easy way by calling 1-800-WePayFast (1-800-937-2932) and working with the We Pay Fast team of commercial property investors.