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The best way to find owners of multi-unit apartment complexes?

Asked by Voices Member, Mon Mar 23, 2009

I'm on a hunt to find owners of multi-unit apartment complexes that are in distress in an attempt to find a deal for my clients. I have checked GAMLS, FMLS, Cityfeet, and Loopnet and realize that these owners may not be listing there. Does anyone know how to reach out to these types of owners who may be in distress but may not use the traditional route to sell property like listing it with a local listing service? Any help is greatly appreciated.

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Hey Sam. To piggy back on what David said, either go to the county tax commissioner or assessor's website. Naturally you'll need to know the address.

Good luck!
0 votes Thank Flag Link Tue Mar 24, 2009
I have a great multi-family property that just went back as active since the buyer's $$$ fell thru. While it may not fit the bill as far as being a distress sale, it is a great cash flow positive investment. It is listed at $350,000. Four units in Smyrna, gross rents $3,400 per month.

Check it out: http://mattnewman.com/FM3877315
Web Reference: http://mattnewman.com
0 votes Thank Flag Link Tue Mar 24, 2009
check the tax records sam. all owners are listed in county records.
0 votes Thank Flag Link Mon Mar 23, 2009
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