Seller Checklist
Seller’s Document Checklist
The documents buyers ask for when you sell an apartment building. Gathering them early speeds up pricing, diligence, and closing — and you can send us whatever you have today.
What documents do you need to sell an apartment building?
Buyers price apartment buildings from the numbers, so the core documents are a current rent roll and a trailing twelve-month (T-12) operating statement. During diligence they also review leases, tax and utility bills, insurance, capital improvement history, permits and violations, service contracts, and title and loan documents.
Financials
Leases & Tenants
Property
Legal & Financing
Don’t have everything? That’s normal — a rent roll and T-12 are enough for a first look. Related: the complete seller’s guide · value calculator
Resources
Seller Guides
Complete Seller’s GuideThe complete guide to selling an apartment building: your options, how buyers value it, taxes, timeline, and documents to prepare.
Selling Into A 1031 ExchangeThe seller side of a 1031 exchange: 45- and 180-day rules, the qualified intermediary and timing your apartment sale.
Seller FinancingHow seller-carry terms work on an apartment sale, the trade-offs for the seller and the general installment-sale tax picture.
Selling Off-MarketWhat an off-market apartment sale involves, how it compares with listing, and how to keep it private and vet the buyer.
Selling With Tenants In PlaceHow to sell an apartment building with tenants in place: leases, notice, estoppels, deposits, and how occupancy affects price.
Vacant Or Distressed BuildingOptions for selling a vacant, damaged or financially stressed apartment building as-is, and how buyers price the work ahead.