WE BUY APARTMENT BUILDINGS
HOW CAN WE HELP?
Are you looking to sell your apartment building? We want to buy your multifamily property!
Cash out your investment
Looking to sell and 1031x into other ventures
Tenants and toilets are your worst nightmares
Ready to take more of a passive role
Inherited multifamily properties and don’t know how to manage
Your loan is coming due
Don’t what to spend money on CapEx
Time to enjoy your retirement?
Cannot handle the workload physically
Management company took your money
As long as your situation makes you say “I want to sell my apartment,” we want to buy that multifamily building from you. We are not brokers! We want to buy apartment buildings!
Ready to Sell Your Apartment Building?
Below Is Our Asset and Market Criteria
The continental United States. We look at market data to find strong markets throughout the U.S. that support economic growth and job expansion. We but multifamily properties in A and B areas in Primary, Secondary and Tertiary Markets with strong median incomes and good schools.
Unit Count: 40+ units, portfolio considered
Age: Complexes built after 1980, older buildings will be considered case by case
Strong value-add opportunities
School Score: 5+ (Find out at www.GreatSchools.org)
Plumbing type: Copper
Roof Type: Pitched
Utility Metering: Individually metered
Minimum 70% physical occupancy
If you are ready to sell your apartment building contact us now.
We typically look at a few hundred deals a year. Out of those, we underwrite and make offers on a few that meet our goals. We qualify deals based on demographic trends, financial performance, potential rent increase, etc.
After we purchased a property, we start the stabilizing process by implementing our business plan. Usually, this step includes a new management team, new process and system, marketing pieces, etc. Concurrently, we refurbished the buildings to bring new life to it and allow us to boost rent.
Disposition and Exit
Throughout our ownership of these properties, we continuously monitor the market and find the right time to sell or refinance after we have stabilized the properties. The goal is to provide the utmost return to our investors.
Where Do You Buy?
Do You Charge A Fee?
What's the smallest multifamily size your company will buy?
We typically buy properties with at least 50 units. However, this is not a hard number.
What's your process when buying?
First, we will analyze your property’s financial data. We will need to get income and expense statements (we prefer trailing 12) to review it. We offer base on the income that your building produces
Do I have to repair my apartment building before your company buy it?
No! You do not have to fix up anything if you do not want to. We will buy your apartment building as is, where is. You can give us the keys, and we’ll take over your headache.
What documents do I have to provide to you for an offer?
Why should I invest in multifamily properties?
What are the risks?
What Kind of Return can I get when investing with E W Ventures, LLC?
Any Guarantee That I Will Get My Money Back?
How Long Will You Hold My Money For?
Consider where we are at in the market cycle, we like to hold our investments for 5 to 12 years. By doing this, it will allow us to ride out the storm should the market crash again.
How Will I Get My Money Back?
You will be able to get your money back when the property is sold or when we refinanced at a higher value.
Can I Invest Using My IRA or 401K?
How Do You Structure Each Deal?
Debt Partner vs. Equity Partner?
What Is An Accredited Investor?
How Do I Qualify As An Accredited Investor?
There are several ways for you to get this verification done such as attorney letter, CPA letter, broker-dealer letter, You can also go to this a third party vendor who specialize in this service such as https://www.verifyinvestor.com/
Do I Have To manage These Properties?
How Do I Get Update On My Investment?
We send out emails roughly once per quarter, or set up a conference call once a quarter.
What Is The Minimum Investment?
The minimum is $50,000, but we can make exceptions on a case by case basis
How Are You Going To Use The Money?
Majority of the money is used for down payment of the property, pay for the general partners’ (E W Ventures, LLC) acquisition cost, and pay for closing cost. The remaining money is for capital expenditures (ie: pay for deferred maintenance, improving the properties, etc.), fund maintenance reserve account.
Do I Have To Pay Any Fees?
Everyone’s tax situation is different. You must check with your tax advisor for your specific tax advice