Multifamily Investing in the Philadelphia Suburbs

Our team offers expert guidance to make buying, selling, or investing in multifamily property attainable in the Philadelphia suburbs. With deep market knowledge and a commitment to clear communication, we focus on achieving your real estate goals.  Multi-family real estate has some unique challenges to it and not every realtor is an expert. We've done dozens of transactions in the multi-family space so we really know our stuff.

 

If you'd like a custom multi-family search set up for you, please reach out at 484-354 9222 or Rob@RobLawrenceTeam.com. You can check out the multi-family search we have below. 

30

Total Multifamily Transactions by the Rob Lawrence Team

Multifamily for Sale in the Philadelphia Suburbs

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    Multi-family Investing in the Philly Suburbs: What you need to know

    Our team specializes in investors buy and sell in Chester County, Delaware County, Montgomery County, and New Castle County, Delaware. These counties have several hot cities that have more multi-family inventories, such as:

     

    Norristown
    Coatesville
    West Chester
    Downingtown
    Media

    Wilmington, DE

     

    The housing inventory in these markets typically is older and many times the multi-family inventory is chopped up houses instead of purpose-built multi-family. It's always really important to check how the utilities are divided, whether the zoning is correct, if something is grandfathered in, and more. It really takes an expert to understand the valuations as well as what the market rents are and could be given renovations. 

    You will find the cap rates change from place to place and in some desirable markets they can be as low as 5%, whereas in some undesirable markets people are demanding 10% to 12%. 

     

    Challenges with Selling MultiFamily

     

    I often see multifamily property listed by Realtors who clearly don't possess expertise in this type of property. They may neglect to show potential rents, show people costs, and help people understand the valuation of the property. Listing the property can also cause challenges with tenants when they get spooked, thinking that the property is going to sell. They may be difficult or not allow showings so there are different strategies we use to help make sure we get the showings through and get things done. 

     

    Since we have a lot of experience in this area, we know what buyers are looking for. Sometimes we have buyers where we can do off-market transactions and still get a good price for the seller without disrupting the tenants. 

     

    CONTACT US

    +1(484) 354-9222

    1244 West Chester Pike, West Chester, PA 19382, USA

    REVIEWS

    Rob and his team were incredibly helpful from start to finish as we sold a fixer upper home of an elderly family member. Rob was upfront with all of our options for making improvements, guiding us through some renovations (even sharing his contractor contacts), and taking the drivers seat once the house hit the market. If you are looking for a realtor that will work hard for your goals and continue to be available after accepting an offer all the way until closing, Rob is the realtor you’re looking for.

    Ally M

    Rob and his team were excellent to work with and sold our house in record time. He was personable and presented a professional business plan for selling our house. His team handled all aspects of the sale including photography, video, and marketing. He recommended excellent people who handled any necessary repairs and updates for the house. Tracy was great in handling the closing information and documents and was always available when needed.

    Evan Cohen

    Rob and his team were AMAZING! They helped me find and purchase the perfect home. He and his team are knowledgeable, patient, and total professionals. They guide you through the home buying process and the whole process feels seamless. I highly recommend him!

    Alissa Cappello