Immobilien SimonImmobilien Simon
Residential complex with several apartment buildings in the evening
Discreet, without a public listing if you wish

Selling an apartment building

Selling an apartment building

With an apartment building, the income is what counts. We value by the income approach and approach vetted investors directly.

In short

How is a multi-family house valued?

The decisive method is the income approach: annual net rent, management costs, remaining useful life and the capitalisation rate determine the value. We provide a free assessment and, if you wish, approach vetted investors directly without a public listing.

Still undecided? Then let us start with a figure.

A free valuation places you under no obligation. Afterwards you will know what your multi-family house is worth and can decide calmly whether and when to sell.

Before you advertise

What goes wrong when selling investment properties

An apartment building sells through its figures and access to investors.

Incorrectly valued

Valuing a multi-family house like a detached house misses the mark. What counts is the income value: rent, costs, potential, condition.

Unrest in the building

A public listing unsettles tenants. On request, we market discreetly by approaching vetted investors directly.

Potential not demonstrated

Vacancies or rents below market level are a selling point for investors, provided they are presented properly. That is part of the marketing.

Process

How we sell your multi-family house, step by step

You always know what happens next and what is needed from you.

Initial consultation

We discuss the property, the tenant structure and your goals. Free of charge and confidential.

Income analysis

Rent roll, operating costs, potential and condition: from these we derive a realistic price recommendation.

Documents

Tenancy agreements, service charge statements, land register, energy performance certificate, maintenance history.

Reaching investors

Targeted and, on request, discreet, with a financing check. Viewings are organised unobtrusively.

Notary & handover

Negotiation, purchase contract, notarisation, handover including deposits and statements.

Price

What your multi-family house is worth

With an investment property, the price follows the income.

  • 01
    Annual net cold rentThe basis of every income value calculation. Properly documented, it is the strongest selling point.
  • 02
    Rent increase potentialRents below market level mean potential, and investors pay for it.
  • 03
    Operating costsLow costs for management and maintenance increase the value.
  • 04
    Condition & maintenance backlogRoof, pipework, heating, façade. Buyers factor upcoming works into their offer.
  • 05
    Location & rental demandWhere apartments are let quickly, the risk is low and the price is high.
Frequently asked questions, tables and checklistsIn the guide: selling a multi-family house

Read more

Vivien Simon, estate agent in Dortmund
Vivien SimonEstate agent · Bachelor's degree in Real Estate Management

Contact

Let's talk about your multi-family house

Call or write to us. You will receive an honest assessment and no pressure to sell.

AddressAm Birkenbaum 29, 44339 Dortmund
Immobilien Simon · Am Birkenbaum 29 · 44339 Dortmund0176 6128 5260 · info@immobiliensimon.com
CallValuation