My 1st Question for all Multifamily Sellers

19 Mar 2023 · 1 min
0:33

In this video, Jake Burhans explains that the first critical question to ask a multifamily seller is about the property’s floor plan and unit mix—specifically, the number and type of bedrooms in each unit. He illustrates this with a hypothetical three‑unit building owned by “Sally and Joe,” emphasizing that the unit composition (e.g., 1‑, 2‑, or 3‑bedroom units) heavily influences the property’s valuation. Jake then advises sellers and buyers to verify the reported unit mix against the official tax card, noting that discrepancies are common and can affect price. He points viewers to online tax‑card resources for New Hampshire and neighboring New England states, naming Vision Government Solutions (Vision Government Appraisals) and Axis GIS as primary sources where these records can be accessed.

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