We understand that there are many reasons why you might want to sell your Apartment Building…
- Expensive repairs
- Downsizing or retiring
- Bad tenants
- Avoiding foreclosure
- … or any other reason
We buy Apartment Complexes in any condition and we’re ready when YOU want to close. If you own a building in IN and you want to sell it, we’d like to make you an offer today and close on it as quickly as you want to sell.
How To “Sell My Apartment Building In Indiana”:
Selling an Apartment Building through a real estate agent isn’t the most common… and it’s not for everyone. For some folks it costs too much money and takes too much time to sell through an agent. Yes, you might get a higher price selling on the market (although you might not), people are learning that it’s not always worth the cost or the time.
With an agent, you’ll pay to fix up your Apartment Building, then you’ll wait months while they try to find a buyer (and you’ll pay bills the whole time), then you’ll pay a commission when it’s all said and done. Often giving up tens or hundreds of thousands of dollars.
But there is another option, and that’s what we do at Christopher Ellyn Homes …
We buy Apartment Complexes directly from property owners. We don’t list Apartment Complexes (like an agent does), which means you don’t need to fix up the Apartment Building first, you don’t need to wait (we’re ready to buy right away), and there are no commissions or fees to pay.
Yes, it really is that simple!
Here’s how it works: Just let us know about the property you want to sell by filling out the short form below.
We’ll get back to you within the next 24 hours with a fair, confidential, commission free, no-obligation offer. You can choose whether or not you want to accept the offer. But if you do…
… you just tell us when you want to close. We have the funds available and we can close quickly — even in as little as 7 days. A lot of our sellers choose to 1031 exchange and that’s fine as well!
Can we help you get out of your problem real estate and put cash in your pocket so you can get on with your life? We want to pay you for your Apartment Building as quickly as you’d like.
Some of the most common situations we can help with…
- Inherited Property
- Needs Repairs
- Cosmetic Work
- Un-permitted Work
- Code Violations
- Probate Property
- Behind on Payments
- Trouble Tenants
- Job Transfer
- Job Loss
- Death In Family
- Vacant Property
- Expired Listing
- Fire Damage
- Behind on Taxes
Pros and Cons to Each of the Top 3 Ways of Selling a Apartment Building
We’re here to help you make an informed decision. That’s why we’ve put together this quick guide for you to help you determine if Christopher Ellyn Homes might be a fit for your situation.
Selling a Apartment Building using an agent:
Selling using an agent is the most expensive way to sell a Apartment Building, however depending on your situation, it might be the way you want to sell. If your Apartment Building is in great condition, you have no urgency to sell, and you do not want to market and show the property yourself, this might be best route to take.
Pros: You don’t have to market the property yourself. You also have someone else handling most of the paperwork for you. Additionally, you will usually get close to full market value.
Cons: This process takes longer, (about 3-12 months depending on location and market conditions) and is the most costly way to sell. You should expect to have costs about 10% to 15% after commissions, any buyer concessions, escrow fees, closing costs, and holding costs. (Taxes, insurance, mortgage interest).
Timeline: You should expect to sell the property in about 6 – 24 months, depending on the market.
Selling a Apartment Building yourself (FSBO):
Selling FSBO takes work and time, but can save you some money. If you’re not in a rush, are familiar with the process of selling real estate, and your Apartment Building is in great shape this might be a good choice for you. If your selling your Apartment Building to a retail buyer, expect that people will be nit picky about your Apartment Building, especially in Indiana.
Pros: You’ll save money. This is one of the less expensive ways to sell a Apartment Building, and is generally about 3% to 8% cheaper than selling using a real estate agent depending on how long it takes you to sell.
Cons: FSBO’s typically take the longest to sell. You should expect 3 – 12 months depending on your market. Additionally, if you’re not familiar with the real estate process, or not very good with people or marketing, this might not be the best route to take.
Timeline: Expect to sell your Apartment Building within 6 to 24 months depending on the market.
Selling to a Cash Apartment Building Buyer:
If your property is in need of some work, you need to sell quickly, or just want an easy transaction selling to a “we buy Apartment Complexes in Indiana” company is the way to go. Selling to a cash buyer is by far the easiest way to sell a property. Cash buyers are experienced, and can usually close quickly, without inspections and appraisals. Additionally, cash Apartment Building buyers are not like retail buyers. Retail buyers are pickier, and require inspections, appraisals (sometimes 2 appraisals) and more time. Important to note that cash Apartment Building buyers rarely can pay full market value for your property.
Pros: Selling to a “we buy Apartment Complexes in Fishers” company can get you a faster close using cash. No waiting on banks. Less inspections and no appraisals. No back end fees, and sell “as-is” without putting one penny into fixing the place up.
Cons: Cash Apartment Building buyers can rarely pay full retail value.
Timeline: Expect a 60-90 day close, or really whenever you’d like to close.
Each way of selling has its advantages and drawbacks. The important thing to do is to assess your situation and determine what route is best for you to take.
Or Give Us A Call Now At: (317) 526-5715
If you’re looking for a “Sell My Apartment Building Fast Indana” Service then look no further than the Apartment Building-buying team of Christopher Ellyn Homes . We buy Apartment Complexes in and around the Indiana area fast for cash, and we can even close in as little as 60 days. To get a fair, all-cash offer, just fill out the form above or simply call us at (317) 526-5715.
We buy Apartment Complexes in the Indiana area and all surrounding areas in Indiana. If you need to sell your Apartment Building fast, connect with us… we’d love to make you a fair, no-obligation, no-hassle offer. Take it or leave it. You’ve got nothing to lose 🙂
Christopher Ellyn Homes Is Highly Recommended