Privately marketed apartment buildings and complexes, not listed publicly on multiple listing services (MLS) or popular real estate platforms, represent a distinct segment of the real estate market. These investment opportunities, often involving five or more units, are typically sold directly between buyers and sellers or through specialized brokerage networks. An example might include a building with six units contacted directly by a local investor network familiar with the owner’s desire to sell.
Acquiring such assets offers potential advantages, including less competition and potentially favorable pricing compared to publicly listed properties. Historically, this approach has been favored by experienced investors and local networks due to the required market knowledge and established relationships. This discreet process can provide access to unique deals not readily available to the general public, allowing investors to capitalize on undervalued or specialized properties. However, it also requires more proactive sourcing and due diligence.
