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Updated about 3 years ago on . Most recent reply

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47
Posts
20
Votes
Michael Mastantuono
  • Realtor
  • PHX AZ
20
Votes |
47
Posts

Partially vacant small multi family

Michael Mastantuono
  • Realtor
  • PHX AZ
Posted

Been coming across duplex, triplex and 4 unit deals with 1 or 2 of the units vacant. Trying to figure out why the llc or whoever owns it would leave them empty. Wondering if it's a red flag that I should be concerned about. 

Most Popular Reply

User Stats

38
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26
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Brian Blosser
  • Real Estate Agent
  • Burbank, CA
26
Votes |
38
Posts
Brian Blosser
  • Real Estate Agent
  • Burbank, CA
Replied

If you're looking at listings on the MLS one unit being delivered vacant could be the owners unit, which they'll leave vacant in case the buyer wants to live there.

Another reason could be they think it will sell sooner than it makes it worth it to put in another tenant. Having it vacant also allows them to advertise that a new landlord can place their own tenant at market rate rents, which can be desirable. 

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