Abbie Emmons

Hi all, I walked a 36 unit apartment building that is currently all (section 8) ten units are vacant. A nonprofit owners the property, their Capx rehabbed was 15m, new plumbing, electric, roof, solar hot water system, also in the process of some evictions. Government is paying but some of the tenants are not. I was wondering if there was a wholesale market for this type of property and situation?

New comment 3d ago

Abbie Emmons

3 likes • 4d

@James McNeal Sounds like a really interesting opportunity, especially with all the major CapEx already done. I’d imagine there could definitely be investors interested in a stabilized Section 8 asset with upside after vacancies and evictions are resolved. Do you know if the nonprofit is actually open to selling, and what kind of pricing or cap rate they’d be looking for in its current condition?

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Abbie Emmons

@abbie-emmons-4822

Big investors, Digital mama and Experience Entrepreneur

Active 2d ago

Joined May 26, 2026

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