For commercial brokers

Bring us your 100+ unit listings. Get a straight answer.

Our buy box, our cap rate and our offer formula are published on this page, so you and your seller know whether a deal fits before anyone gets on a call. And when bank debt won’t pencil, we can close with seller financing.

Our buy box

Exactly what we buy.

Size100+ units

Garden, mid-rise and wrap product.

AssetClass A or B

Newer construction or well-maintained 1980s+ assets.

LocationA or B submarkets

Solid employment, income and population growth.

Pricing7.00% cap

On trailing-12 NOI, with expenses at no less than 30% of income.

SituationsStabilized or lease-up

Including builders exiting at certificate of occupancy.

StructureCash or seller-financed

Installment-sale structures for sellers facing a large tax bill.

Why brokers send us deals

Fewer surprises between first call and closing.

Published underwriting

The same formula, NOI ÷ 7.00%, runs from the calculator to the LOI. Your seller can see the number before the first conversation.

Structures that close in this market

When buyers relying on bank debt can’t reach the seller’s price, seller financing often can. We’ll walk your client through the terms.

Builder exits

New construction in lease-up is priced on stabilized income, less the income still to earn, so developers don’t have to wait two years to sell.

We work with brokers

Bring your listing or your off-market relationship. You stay in the deal and in front of your client.

Submit a deal

Send it over.

The more we have, the faster we can respond. Helpful to include:

  • Offering memorandum or property summary
  • Trailing-12 operating statement (T-12)
  • Current rent roll
  • Recent capital projects and planned upgrades
  • Asking price and any seller terms

OfferHero acquires 100+ unit Class A and B multifamily communities in A and B locations, all cash or with owner financing.

Calculator results are estimates based solely on the information you enter. They are not an appraisal, a commitment to purchase, or financial, tax or legal advice. Any offer is subject to due diligence, verification of financials and property condition, and a signed purchase agreement. Tax outcomes of any sale, including an installment (owner-financed) sale, depend on your situation: consult your CPA or tax attorney.

Nothing on this site is an offer to sell, or a solicitation of an offer to buy, any security. Any investment opportunity is offered only to qualified investors through official offering documents.

© OfferHero