Multi-Family

0 listings

Lorimont brokers represent buyers and sellers in the acquisition and disposition of multi-family investment assets. Currently, we have no multi-family inventory. Below is a sampling of our past multi-family investment transactions.

Multi-family real estate, while residential in nature, is a commercial investment business.  A price is only a starting number; the ultimate value is determined by cash flow quality, debt capacity, tax consequences, risk, and exit timing.  That is why multi-family transactions should be handled by a broker trained in financial analysis, such as a Certified Commercial Investment Member (CCIM).

Investment analysis is critical.  A competent broker should underwrite the asset the way a buyer, lender, and equity partner would: rent roll integrity, loss-to-lease vs. gain-to-lease, expense load, capital expenditures, debt service coverage ratio (DSCR), loan-to-value ratio (LTVR), cash-on-cash return, internal rate of return (IRR), and net present value (NPV) are all relevant.  In other words, not just a snapshot cap rate.

CCIMs are trained to build that model, test assumptions, quantify how financing and taxes change returns, and explain the numbers in the language investors actually use.  That analysis changes outcomes.  It supports a defensible asking price, screens unqualified offers, structures terms that protect net proceeds, and keeps negotiations focused on yield rather than emotion.  In a market where lack of experience and small calculation errors in occupancy, concessions, interest rates, or hold period can erase years of equity, analytical skills are absolutely necessary.

Contact us today if you are interested in selling or buying multi-family real estate!

SOLD

    • SOLD!
      2020 Walden Blvd.Cape Girardeau

      Five unit, high-performing multifamily building built in 2021 in Cape Girardeau.

      For more information, contact Matt Huber.

    • SOLD!
      2035 Walden Pond WayCape Girardeau

      Four unit, high-performing multifamily building built in 2021 in Cape Girardeau.

      For more information, contact Matt Huber.

    • SOLD!
      3 Village Dr.Cape Girardeau

      Fifteen, 2 BR units near Southeast Missouri State University campus in Cape Girardeau.

      For more information, contact Chris Cole.

    • SOLD!
      514 Olive St.Cape Girardeau

      Eighteen, 1 BR units near Southeast Missouri State University campus in Cape Girardeau.

      For more information, contact Chris Cole.

    • SOLD!
      190 Lotus Dr.Fruitland

      Six buildings with six units each, 24 two bed, one bath and 12 one-bed, one bath in Fruitland, MO.

      For more information, contact Chris Cole.