Selling my Milwaukee Rentals as a package (3 properties, 7 units total) - OFF MARKET

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Selling my Milwaukee Rentals as a package (3 properties, 7 units total) - OFF MARKET

Bobby HallPro Member
Investor · Waukesha, WI · Member since 2017 · 3 posts · 0 votes

Selling my Milwaukee rentals as a package. Message me if interested, and I will send over all the details.

The properties are:

4 unit - 3/1 duplex with 2 2/1 single-family homes behind it

Duplex - 4/1 upper and lower

Single family

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  • Harold Yam
    Los Angeles, CA · Member since 2026 · 6 posts · 15 votes
    3w

    Please send details

    0Reply
  • Aaron Zucker
    Realtor · New York, NY · Member since 2019 · 71 posts · 27 votes
    3w

    Bobby — package sales live or die on the spreadsheet, and right now there is nothing in this post for a buyer to run numbers on: no asking price, no rents, no addresses or neighborhoods, no occupancy.

    Put a simple one-sheet together before you start sending details one by one: each address, unit mix, current rent and lease end date for all 7 units, who pays which utilities, last 12 months of actual expenses (taxes, insurance, water/sewer — big in Milwaukee, repairs, management), and any deferred maintenance or big-ticket items you already know about. Package buyers discount hard for unknowns spread across three properties, and they pay for clean paperwork.

    Also decide and state it up front: true package-only, or would you split the single family or the duplex if a buyer takes two of the three? Plenty of Milwaukee buyers can stretch for part of a package but not all of it, and package-only with no price anchor tends to sit. Even a price range gets real buyers to the table.

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  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 13k+ posts · 9k+ votes
    3w

    Your going to get a LOT of wholesalers contacting you and wasting your time with very lowball offers.

    If you want to attract investors, you'll need to share a lot more info.

    [email protected]248-209-6824
    Logical Property Management4.9465 Reviews
    WebsiteView Page
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  • Noah WrightBusiness Member
    Lender · USA, Nationwide · Member since 2024 · 495 posts · 154 votes
    1d

    Seven units across three properties is a real package, and off market can work well as long as the buyer's financing holds up to closing. A lot of the buyers for something like this will be using DSCR loans, and those lenders size the loan off the rent. With rates where they are, a price the rents can't cover at roughly a 1.0 DSCR leaves you mostly with cash buyers. The lot with the duplex and two houses behind it is the one to watch. Some DSCR lenders are fine with several dwellings on one parcel and some won't do it, and the appraiser has fewer clean comps to work with. A buyer who finds that out a few weeks in tends to renegotiate or walk. Is that 4 unit lot one tax parcel or separate ones?

    [email protected]737-773-3717
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