Are you an multifamily property owner who’s ready for a change but overwhelmed at the prospect of selling? If you are looking for a hassle-free, easy transaction with someone who will steward your property like you have.
Here is our commitment to you:
We will deal fairly with you
We are rooted in integrity
We are run by a hard-working, family man
We can see the value in your property without costly renovations and repairs
You don't have to deal with the headache of no shows, inspections, appraisals, etc
We understand that interviewing brokers, addressing deferred maintenance, navigating showings with tenants, buyer inspections, negotiations, the entire process can take months.
We help you unlock your equity quickly and smoothly with an experienced buyer who can see the value of your property without investing in major repairs and renovations. Start enjoying the freedom you deserve!
Showing and selling an apartment community is NOT EASY.
Here are all the hassles you will avoid by selling to Asset Stream:
Choosing A Broker/Agent takes a lot of time! Interviewing them, they all give different opinions of value, they will tell you want you want to hear, etc
Getting the property in showing condition is difficult, costly and takes a lot of time. If you over improve it, you don’t get a return on your money or time. If you under-improve it, you don’t attract the right buyers.
Buyers walking every unit.This is an incredible pain to coordinate with tenants and management - multiple showings, and tenant disturbances just to try to get an offer.
Inspections and appraisals. Once you do get an offer, the buyer will send in an inspector and appraiser who will need to get into all the units again, and will discover all the things that need to be fixed, and will often want to re-negotiate the price.
Bank Negotiations and last-minute Changes Banks can pull the plug on loans from un-experienced buyers and ruin the deal at any time, causing the seller to have to start the process all over again.
Extended Sales Timeline The entire process, if it goes perfectly will take 60-90 days from the time you get a contract. Realistically it could be a 6-12 month ordeal from the time you start planning to sell from the time you start talking to brokers to the time it closes.
Asset Stream buys apartment communities of all sizes in Phoenix, AZ and surrounding markets.
Central Phoenix Corridor
North Phoenix
South Mountain Corridor
The East Valley
Apache Junction, AZ
Mesa, AZ
Gilbert, AZ
Chandler, AZ
The West Valley
Glendale, AZ
Buckeye, AZ
Surprise, AZ
Peoria, AZ
Goodyear, AZ
Anthem, AZ
Scottsdale, AZ
In addition to the smoothest, easiest sales process you’ve ever experienced, our commitments are:
Act as a mission-driven organization providing affordable housing opportunities to good families.
Providing professional, high-quality management, and an exceptional tenant experience
Maintaining and improving the property over time.
As an investor with Asset Stream Properties, I am never worried at any point and can trust that my investment is being well taken care of. Pete always does what he says he is going to do and keeps people informed.
I have known Pete for years and have seen that he is always on top of things. In the first year of my investment, it is already producing strong returns and the value of the property has gone up significantly. Pete is cautious and analyzes deals with care - he has a gift for seeing what a property could be with small upgrades that make the property significantly more cashflow positive.
What I have appreciated about this journey is that Pete is an expert in what he does, but I always feel like a part of the decision making process without having to be hands on.
Michael Burke
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How I Got Started Building a Low-Risk, High-Reward Real Estate Portfolio
By Pete Schnepp