Selling Your Apartment Building for Cash — Questions & Answers

As fast as the title company can clear title — often two to four weeks on multifamily, and smaller buildings can move faster. If you need more runway, we close on your schedule. We use our own capital, so there is no bank approval, no appraisal contingency, and no loan committee to wait on.

Apartment buildings from small 5-unit properties to 200+ unit communities, duplexes through fourplexes, garden-style complexes, mid-rise buildings, student and workforce housing, mixed-use buildings with residential over retail, and portfolios of multiple properties. Full, half-empty, or vacant.

No. We buy as-is. Roof leaks, plumbing, foundation issues, down units, code violations, fire damage — we factor it into the offer and handle it after closing. Don't spend a dollar on repairs or turns.

They stay. Leases transfer with the property at closing and your residents keep their homes — we simply become the new landlord. Nothing about the sale requires disturbing your tenants, and we keep the process quiet until closing.

Yes. You tell us about the property, we review it, we send a written offer. You decide. No commission, no commitment, no pressure. If our number doesn't work for you, no hard feelings.

We work with title to pay off the mortgage at closing. Tax liens, mechanic's liens, and similar encumbrances can usually be resolved at the closing table — tell us up front and we plan around it.

Yes. No listing, no sign in the yard, no marketing blast that spooks your tenants or tips off your competition. We treat the conversation as confidential from the first message to the closing table.

Actual collections and rent roll, current occupancy and delinquency, condition and deferred maintenance, unit mix, comparable sales in your sub-market, and current market rents. We show our thinking — the offer comes with the reasoning, not just a number.

No. We are principal buyers, not brokers. There is no commission, no transaction fee, and we pay standard closing costs. The number on our written offer is the number you walk away with at the title company, less any payoff of existing mortgages or liens on the property.

We do. Apartment Cashout is run by Sam and Richard, principals who buy directly — when we make you an offer, you are dealing with the decision-makers, not a lead-generation site that resells your information to a buyer list.

Less than you'd think. A rent roll helps us move fastest; trailing income and expense numbers help too if you have them — but none are required to get a conversation started. The title company pulls ownership and lien history, and we work from there.

Yes. Out-of-state owners are one of the most common situations we work with — often inherited buildings or properties bought remotely that never performed. The review, title work, and closing can all happen without you traveling; closings can be done remotely through the title company with a mobile notary.

No. Housing-assistance leases transfer with the property like any other lease, and your residents keep their homes. Tell us the mix up front so we underwrite it correctly.

That's a large share of what we buy. Half-empty buildings, heavy delinquency, evictions in progress, units down for repairs — we underwrite the building as it actually is, not as a broker brochure would present it.

A listing can absolutely make sense if your building is stabilized and you can wait out the marketing period, tours, financing contingencies, and re-trades. Selling to us trades some of that top-line price for certainty and speed: a written cash offer within days, no commissions, no repairs, no financing contingency, and a closing date you pick. We will tell you honestly if we think listing is your better path.

We buy nationwide — all 50 states. Metro, suburban, or small-town, send the property through the form and we will take a real look.