Seller Guides
Selling An Apartment Building, Whatever The Situation
Practical guides for owners of buildings with five or more units — from tenants in place and inherited property to code violations, seller financing, 1031 exchanges, and rent control.
Guides By Situation
Complete Seller’s GuideThe complete guide to selling an apartment building: your options, how buyers value it, taxes, timeline, and documents to prepare.Selling With Tenants In PlaceHow to sell an apartment building with tenants in place: leases, notice, estoppels, deposits, and how occupancy affects price.Tired Of Being A LandlordWorn out by tenants, repairs, and rising costs? How to decide whether to sell a stressful rental building and exit with less hassle.Inherited Apartment BuildingSelling an inherited apartment building: authority to sell, stepped-up basis, co-heir decisions, and selling from out of state.Vacant Or Distressed BuildingOptions for selling a vacant, damaged or financially stressed apartment building as-is, and how buyers price the work ahead.Code Violations & Open PermitsHow open violations, expired permits and unpermitted units affect the sale of an apartment building, and what buyers need to see.Seller FinancingHow seller-carry terms work on an apartment sale, the trade-offs for the seller and the general installment-sale tax picture.Selling Into A 1031 ExchangeThe seller side of a 1031 exchange: 45- and 180-day rules, the qualified intermediary and timing your apartment sale.Selling A PortfolioHow to sell several apartment buildings at once, in tranches or one by one, including portfolios with mixed conditions.Selling Off-MarketWhat an off-market apartment sale involves, how it compares with listing, and how to keep it private and vet the buyer.Rent-Controlled BuildingsHow rent control, stabilization and statewide caps affect value and underwriting, and how to sell a regulated apartment building well.For Brokers & AgentsFor agents and brokers: what Skyline buys, what to send, how fast we respond and how we work through you.
Rent Control By State
Rent Control In CaliforniaHow AB 1482, city rent ordinances, Costa-Hawkins and Prop 13 shape the value and sale of a California apartment building.Rent Stabilization In New YorkHow New York rent stabilization, the 2019 HSTPA and Rent Guidelines Board orders shape the value and sale of a regulated building.Rent Control In New JerseyHow New Jersey municipal rent ordinances, the new-construction exemption and the Anti-Eviction Act affect selling an apartment building.Oregon’s Rent CapHow Oregon’s statewide rent cap, the 15-year exemption, just-cause rules and Portland relocation rules shape the sale of an apartment building.Washington’s Rent CapHow Washington’s HB 1217 rent cap, the 12-year exemption, notice rules and Seattle requirements affect selling an apartment building.
Investing rather than selling? See our investor guides.
Free Calculators
Building Value CalculatorEstimate your building’s value from NOI and a market cap rate, with a value range and price per unit.Capital Gains Tax CalculatorEstimate federal and state tax, depreciation recapture and net proceeds when you sell a rental building.NOI CalculatorCalculate net operating income from rent, vacancy, other income and operating expenses.GRM CalculatorFind a property’s gross rent multiplier or estimate value from a market GRM.Cash-On-Cash CalculatorMeasure the annual pre-tax cash flow a rental property returns on the cash you invest.
Submit A Deal
Ready To Talk About Your Building?
Send the basics — address, unit count, and any financials you have. Owners, agents, and brokers are welcome, and every conversation is confidential.
