Due to easy, high leverage financing and falling commercial real estate values many apartment building owners are now facing foreclosure. This leaves a lot of opportunity for those apartment building investors who are willing to invest the time and energy into finding a great apartment building investment at a rock bottom price. It can be difficult to find listings of apartment building foreclosures because in many cases they are handed over to commercial Realtors who may not even advertise the apartment building as a foreclosure.
Fortunately, the internet has a large number of websites which feature apartment building foreclosure listings, however, none of these websites is devoted solely to multifamily properties. Therefore it is necessary to visit a number of different websites and do some searching within the websites themselves. Below are some websites where you can begin your search.