Jonathan CroninREI Accelerator, Rei Accelerator · Multifamily Real Estate Investor & Coaching Leader

How our client found a $1.5-2M apartment for $900K on Zillow

17 Dec 2025 · 1 min

Watch on YouTube

0:39

Short transcript excerpt describing a real-estate transaction discovered on Zillow: speakers recount finding a commercial apartment building mistakenly listed on Zillow, placing an accepted offer quickly, buying it for '8.95' and estimating its value at 'at least 1.5 to 2' million. The clip highlights that residential listings on Zillow can signal broker error and opportunity.

Questions this video answers

8.95

At least 1.5 to 2 (million)

I was actually on Zillow looking for a building for our church.
Zillow.
It was just listed for one day, and we put an accepted offer on the second day. I saw the price tag and I knew it was a good deal. Yeah, Somebody put it on Zillow.
So it's.
Not supposed to be on Zillow if it's an apartment complex.
Yeah.
So somebody didn't know what they were doing, and I wanted to capitalize on that.
Those are the kind of places you want to look for really good deals. Residential. So if somebody's posting on there, they probably don't know what they're doing. It's probably a newer broker.
So it was commercial building.
Yeah.
But he was two hours away.
Yeah.
I don't think he knew.
He bought it for how much?
8.95.
What is the projected value?
At least 1.5 to 2.