Multifamily investment property in Houston
KW Commercial Texas helps investors buy and sell multifamily property across greater Houston, from small apartment buildings to larger communities.
What we handle
- Apartment communities
- Small multifamily buildings
- Value-add multifamily opportunities
- Multifamily portfolios
Who we work with
- Owners selling apartment communities and small multifamily buildings
- Investors buying their first or next multifamily property
- Investors growing or repositioning a portfolio
- Buyers using a 1031 exchange
From first call to closing.
What working with us on multifamily property typically looks like.
Buying multifamily property
- Set your criteriaSize, location, age, stabilized or value-add, budget and how you plan to finance it.
- Find and reviewWe identify properties and review rent rolls, operating statements and how rents compare with the area.
- Offer and letter of intentPrice, earnest money, the due diligence period and the closing timeline.
- Due diligenceUnit walks and inspections, leases, actual expenses, property taxes, insurance and financing.
- ClosingLoan, title and closing, then the hand-off to your property management.
Selling multifamily property
- Pricing and valuation guidanceA broker opinion of value based on income, cap rates and comparable sales.
- Preparing the offeringRent roll, operating statements and property information buyers will ask for.
- Marketing to buyersOutreach to qualified investors, 1031 exchange buyers and brokers, including across the KW network.
- Offers and negotiationWe compare price, terms, buyer financing and certainty of closing with you.
- Due diligence and closingWe manage buyer requests and inspections and coordinate the closing.
Advice for every side of the deal.
Sellers
Pricing and valuation guidance based on income, marketing to qualified buyers, and representation through closing.
Buyers and investors
Help finding properties that fit your goals, and reviewing rent rolls, expenses and condition.
Value-add investors
Identifying properties where renovation, better management or rent growth could increase value.
Portfolio owners
Guidance on when to sell, trade up or reposition, including properties sold as a group.
Before you buy, sell or lease.
Questions our agents work through with clients on multifamily property.
- Rent roll, occupancy and lease terms
- Actual operating expenses and property taxes
- Net operating income and cap rate
- Age and condition of roofs, plumbing and systems
- Unit mix and how rents compare with the area
- Insurance cost and flood plain status
- Financing options and loan terms
Multifamily research and guides.
Common questions.
How are multifamily properties valued?
Multifamily property is usually valued on its income. Net operating income (rent and other income minus operating expenses) divided by the market capitalization rate gives an estimate of value.
What is a cap rate?
The capitalization rate is a property's net operating income divided by its price. It lets investors compare the yield of different properties.
What is a rent roll?
A rent roll lists each unit with its tenant, rent, lease dates and deposits. Buyers use it to verify the income a property actually produces.
What is a value-add multifamily property?
It is a property where an investor expects to raise income through renovations, better management or bringing rents in line with the market.
What is a 1031 exchange?
A 1031 exchange lets an investor defer capital gains taxes by reinvesting sale proceeds into another investment property under IRS rules and deadlines. Tax questions should go to a qualified tax adviser.
How many units make a property commercial multifamily?
Properties with five or more units are generally treated as commercial for financing. Buildings with two to four units are usually financed as residential.
Who handles multifamily property at KW Commercial Texas?
Search our agents page for "multifamily" to find agents and read their profiles, or call 713.470.2100 and we will connect you with the right professional.
Talk with an agent.
Search our agents by name, property type or language, or call 713.470.2100 and we will connect you with the right professional.
Let's talk about your property goals.
Tell us what you are buying, selling or leasing, and we will connect you with the right advisor.