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Updated over 10 years ago on . Most recent reply

User Stats

405
Posts
100
Votes
Jane A.
  • Investor
  • Shawnee Mission, KS
100
Votes |
405
Posts

To sell SFH with tenants or without?

Jane A.
  • Investor
  • Shawnee Mission, KS
Posted
I am thinking to sell SFH in good area of Kansas City MO. It is in a good quality neighborhood with good quality tenants staying there for 3 years already. It is easy to sell without tenants because it is a desirable area but I feel uncomfortable to force tenants out. They are not interested to buy. Their current lease is till the end of Aug. It is more difficult to sell with tenants as this rental has lower cap rate to compare with cheaper locations in Kansas City metro area. I have rental duplexes and fourplexes in my portfolio. I would better sell this SFH and add one more multifamily. Could you please give me some ideas.

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