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Multi-Family Checklist

This document contains a 12-question form for gathering information about a multi-family rental property being sold. It requests details such as the owner's contact information, reasons for selling, unit sizes and amenities, building age and condition, secondary income sources, mortgages or liens, vacancy rates, lease agreements, income verification documents, other owners, current listings, estimated value, and financing terms.

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arturo7942
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32 views1 page

Multi-Family Checklist

This document contains a 12-question form for gathering information about a multi-family rental property being sold. It requests details such as the owner's contact information, reasons for selling, unit sizes and amenities, building age and condition, secondary income sources, mortgages or liens, vacancy rates, lease agreements, income verification documents, other owners, current listings, estimated value, and financing terms.

Uploaded by

arturo7942
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Property & Owner Information (Multi-Family Property)

Name of Owner ( rst & last): _____________________________________________________________

Name of Caller (if di erent than owner): ____________________________________________________

Phone Number: _____________________________ Email Address: ______________________________

Owner’s Mailing Address: ________________________________________________________________

Property’s Physical Address: ______________________________________________________________

1 Why are you selling this property?

2. How many units come with this building and what is the approximate size of each (in sq )? How
many bedrooms and bathrooms are in each unit?

3. Do these units come with a garage, car port or designated parking space?

4. What year was this property built and what kind of condi on are these units in? Do you have any
interior pictures of this property that you could send me?

5. Does this property have any secondary sources of income for this property (paid washer/dryer,
vending machines, etc.)? If so, how much revenue is generated from these secondary sources?

6. Are there any mortgages or liens on this property (and if so, what will it take to pay them o )?

7. How many of these units are vacant and how many are occupied? Do you have formal leases in
place (with deposits) from each tenant?

8. Is it possible to get a copy of the rent roll and your tax returns for the past 2 years (so we can
verify the income this building has generated)?

9. Are there any other co-owners listed on the deed (spouse, family member, business partner)?

10. Is this property currently listed with a Broker (and if so, can I get their contact informa on)?

11. What is your es mated market value of this property? Are you willing to accept a lower o er?

12. Would you be willing to nance any por on of this property’s sale price? If so, what terms would
you be willing to accept?

Other Comments: _________________________________________________________________________

Date:__________ County/State:______________ City/Township:_______________ APN:_______________


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