5 Tips For Selling Your Unwanted Multi-Family Property In Orange County

Thinking about selling your multi-family property? You might want to prepare your property for sale for a better chance at a quick sale at a higher price. There are five tips for selling your unwanted multi-family property in Orange County: update the parking area, add more curb appeal, update the common areas, keep the doors and locks in working order, and keep your paperwork in order to keep track of rent payments and analyze the property’s return on investment. 

Parking Area

The first tip for selling your unwanted multi-family property in Orange County is to improve the parking area. No one enjoys a cracked driveway or potholes. Invest in a seal coating for your parking area, it will make a huge difference in property satisfaction with the tenants. The seal coating will fill in the cracks and create a smooth, clean parking area. If the multi-family property has potholes, this will make it seem like the property is not maintained very well and is inconvenient for the tenants and may cause damage to their vehicles. An asphalt patch from the hardware store will be a quick fix. Coating and repairing the parking area would be a simple move with a large impact.

Curb Appeal

The second tip for selling your unwanted multi-family property in Orange County is to step up the curb appeal. Start with a pressure wash to clean off any dirt on the driveway or structure walls. A new coat of paint could do wonders to clean up the look of your multi-family house at a small cost. Have the hedges trimmed, plant some area-appropriate foliage, and add fresh mulch to the plant beds. If you leave the basic maintenance undone, this may convey that the property is difficult to maintain. A little effort can have a large impact on future buyers’ perception of your property for sale.

Common Areas

The third tip for selling your unwanted multi-family property in Orange County is to update the common areas. Depending on the property, it may have common areas. These may be areas like porches, courtyards, lobbies, laundromats, and pools; anywhere all the tenants have a right to share on the property. Get some new outdoor furniture, redecorate the lobby, repaint scratched appliances, refresh the signage. This will improve the perception of the property and reflect a clean, maintained property. 

Doors and Locks

The fourth tip for selling your unwanted multi-family property in Orange County is to repair any squeaky or broken doors. You will also want to make sure that all of the locks are well oiled and operate smoothly and quickly. You need to make sure that when showing the property, there are no delays in unlocking and opening doors. This also promotes the perception of a well-maintained property. 

Paperwork in Order

The fifth tip for selling your unwanted multi-family property in Orange County is to have all of your paperwork in order. You will want to have all of the important documents ready for potential buyers. The list of documents that would be helpful to the buyers would be any roof warranties, HVAC documentation, and receipts of any recent building improvements. Another set of important documents would be the cash flow and other financial statements. The buyers of multi-family homes will most likely be real estate investors who would need to see the financial statements to determine if the property would fit in their portfolio. Keeping your paperwork in order and readily available shows that you maintain your property and records.

Buyers will be more willing to make an offer on your property if they can purchase it with little to no effort to fix up the property. They may also be willing to pay a little more than their usual because they didn’t have to do the upgrades themselves. 

To learn more about selling your unwanted multi-family property in Orange County, send us a message or give us a call today! 949-625-4533 


Broker/Realtor/Investor/Mentor (41 years experience) Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale, Property Management, Landlord I'm a Full Time Real Estate Professional, house flipper and mentor to many of my clients. I am here to help you get top dollar for your home or get you the best price for a home that you are going to live in. I have over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. I have sold over 600+ homes in the last ten years alone. I am a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. With my Exclusive Home Acquisition & Sales System, I can find the Right Home for You! I have access to homes no other Realtor will show you. I can show you how to save an average of $10,000.00 on the purchase price. We will find a home that fits your needs, in a neighborhood that suits your style. If you are selling your home then I can bring all the professionals to you. I always include professional photos in ALL my listings. I have contractors standing by to assist with those upgrades if needed. I can also quickly get you ALL CASH offers for your home if you desire. My marketing surpasses all other agents. It begins with extensive internet advertising to hundreds of websites throughout the world. I do direct mail marketing for you home and also knock on doors in your neighborhood when I am holding an open house. I hold you home open to expose it to as many buyers as possible. My Exclusive program is designed to sell your home for Top Dollar in Any market. I am an experienced flipper here in Orange County and therefore can offer you my over 40 years of real estate experience. The information is available to you at no charge! If you like what you see, please call me and setup Your Free Consultation.

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