Get Top Dollar for Your Multifamily Property
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THE TEM PROCESS
Understanding a Multifamily Offer
We understand that selling a multifamily property can be a daunting task. That’s why we’re here to make it as easy and stress-free as possible for you. Contact us today to learn more about selling your multifamily property quickly and hassle-free.
STEP 1
Request an Offer
Once we hear from you, our team will request a brief overview of your multifamily property.
STEP 2
Review Our (no obligation) Offer
We’ll take a look at the specifics of your property and reach out with a custom offer.
STEP 3
Pick Your Date
After discussing the offer with our team, pick a closing date.
Acqusition Criteria
Property Size
We’ve worked with properties of all sizes from 2-376 units
Vintage
1930- early 2000’s
Price per Unit
$175-350K
Markets
California: Orange, Los Angeles, San Bernardino, & Riverside Counties
Texas: Houston
Arizona: Phoenix, Scottsdale, Mesa, & Tucson
Property Grade
C to B
Hold
3-7 years
Cash on Cash
5%+
Internal Rate of Return
12%+
Equity Multiple
1.5x+
TEM BENEFITS
Sellers are choosing TEM Capital, why?
Traditional Process
Lengthy closing- Tenant disruption
- Sporadic offers
- Constant uncertainty
No Commissions/Fees- Guaranteed Offer
- Zero Repair Costs
- Leave Items Behind
OUR STORY
The reimagined way to sell your multifamily property
TEM Capital is a private real estate investment company dedicated to helping multi family property-owners in tough situations sell for cash. We pay cash for multi-family properties, in any condition, helping owners achieve the fairest as-is price for their property.We know that selling a multi-family property, regardless of your reason for selling, can be a challenging, stressful process in even the most straightforward of situations. We’re dedicated to making the process easy and enjoyable for every client.
Frequently Asked Questions
Are you listing my property on the MLS or buying it?
We buy multi-family properties in your area that fit our buying criteria. From there we may repair the property and resell it.
Are there any fees or commissions to work with you?
We’ll make you an offer and if it’s a fit, we’ll buy your house and cover all closing costs! No hassle or fees! We make our money after we pay for repairs on the property (if any) to fix it up, market the property, and sell it for a profit (we’re taking all of the risk here on whether we can sell it for a profit or not, once we buy the house from you). The responsibility is ours and you walk away without the burden of the property and its payments. Zero commissions, zero fee’s, that’s our guarantee!
How are you different from a real estate broker?
When working with a real broker, you pay between 2-7% of the sales price in commission costs. Suppose a property is selling for $1,000,000 you’ll pay between $40,000 – $70,000 in commission fees. Brokers provide a great service for those that can wait 6-12 months to sell and who have room to pay the commission on the sale. Since we’re the ones buying the property from you, and we pay with all cash. We can make a decision to buy your property within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the property with our own cash, repair the property, and market it ourselves to find a buyer.
How do you determine the price to offer on my multi-family property?
Our process is rather simple. We look at the location, what repairs are needed, condition, and values of comparable properties sold in the area recently. We take everything into consideration and come up with a fair price that works for us and works for you too.
What if I still have a loan on my property?
With mortgages ranging from 15 to 30 years, chances are your current loan isn’t fully paid off when it comes time to sell. No worries! Our cash offer includes paying off your existing mortgage so that you can walk away with cash in your pocket!
Getting the best price for your property faster and easier than ever before.
A risk-free, obligation-free offer sent to you quickly.
The information provided in this article is for educational and informational purposes only. It should not be construed as financial, investment, or legal advice. The content is not tailored to any individual’s specific financial situation or investment objectives. Investing involves risks, including the risk of loss of capital. Before making any investment decisions, readers are encouraged to conduct their own research and consult with qualified professionals. The author of this article does not guarantee the accuracy, completeness, or reliability of any information presented herein.
