So cal multifamily brokerDo you want top $ for your apartment building, but can't afford the upgrades to add value. Let our contractors rehab your property (or use your own) and receive an increase in property value. Now get this - You don't pay for the renovation or upgrades until the property sells.
If your apartment building is in great condition and no profitable value can be added by performing upgrades or in some cases total renovation....then yes sell it "as is". However for those property owners that can benefit financially from a 20% + value add after renovation cost, closing, existing mortgage payoff (if any), commissions, etc. It's totally worth the upgrade or renovation and creates a win for the owner. It's strictly a number's game.
Citivest Commercial is a full service real estate brokerage helping investors achieve outstanding returns on their investments by providing an extensive marketing program, investment analysis and knowledge gained from over 30+ years of experience.
We specialize in adding value and achieving excellent returns for our investors through strategic acquisitions and property repositioning, including renovation, leasing, and management improvements. Citivest Commercial's strategic acquisition programs include the purchase of distressed residential and commercial properties throughout Southern California.
Citivest Commercial's Apartment Sales Division team is active in the purchase of residential and commercial properties through short sales, and through direct contacts with the lenders and property owners. Citivest Commercial's Apartment Sales Division team of analysts, agents and principals are constantly monitoring the real estate market looking for investment opportunities. We are experts in quickly assessing a property's current and potential value. Citivest Commercial's Apartment Sales Division and its affiliates provide an unsurpassed level of service throughout the investment process, including the acquisition, management, renovation and resale of the properties.
Since 1988 Citivest Commercial's Apartment Sales Division has provided a full complement of real estate asset management services to private and institutional property owners. During this 30+ year period, Citivest Commercial's affiliates have syndicated and acquired hundreds of investment properties, including office buildings, industrial properties, retail properties, apartments and single-family homes.
Lending Program
Fast fundings and streamlined paperwork! Loans can be closed is as little as 3 days! That is certainly not the norm, but given 10 to 15 days and your loan will fund fast and easy.
- Loans are collateral driven and not equity-based.
- Repay the loan when you sell! No payments!
Establish Quality Property Management
We help you increase rents and reposition your apartment building to make it more desirable for investors.
Attract Quality Tenants - Make improvements to your property that tenants appreciate. That in turn creates the desire for the tenants to stay in your property for a long time. This also results in lower vacancy rates, lower turnover and increased annual gross income.
Increase Income
- Assess the market rental rates and provide current rent computations.
- Adjust rents to market level.
- Make improvements to justify higher rents.
Capital Improvements to Add Value
Adding quality and higher level finish improvements to unit interiors and exteriors to demand and receive higher rents in comparison to similar units in the area.
Reduce Expenses
- Eliminate waste
- Use of energy efficient lighting and fixtures
- Minimize turnover
To find out more information about our Property Reposition Program and how our services can benefit you, simply fill out the form below and we will contact you. Alternatively, give us a call at 714-742-3700 for a faster response .