Apartment Complex Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Apartment Complex Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start an Apartment Complex business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready!
- Complete Industry Research
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PDF Format
- Meets SBA Requirements
Apartment complex real estate investment firms are great businesses to own as they are generally able to provide a positive income in any economic climate. Despite an economic recession, people are going to need to continue to have places to live. While the capitalization rates for these types of investments are lower than their commercial property counterparts, they are generally much easier to finance. Banks, financial institutions, and hard money lenders love to place loans with owners of residential properties (especially multifamily units). This is, again, due to the tremendous economic stability of these operations.
When you are thinking about acquiring a multifamily property, it is imperative that you develop an apartment complex business plan. This document will showcase the property to be acquired, the rental rates, the profit and loss statement, cash flow analysis, and balance sheet. Ideally, this business plan should cover a five year period. Generally, most banks and lenders want to see an apartment complex business that that showcases this period of time.
A marketing plan is not as important for an apartment complex as it is for other operating businesses. A real estate investment firm generally uses a real estate brokerage or property management firm to place renters in vacant spaces. Prior to acquiring the property, a real estate investor should have a broker in place to assist with ensuring that the property can get near 100% occupancy once the property is acquired. If you are to develop a marketing plan then the focus is generally put on marketing vacancies via online channels. This is the fastest way to acquire tenants for a property.
Many apartment complex investors also develop a SWOT analysis prior to acquisition. This analysis focuses on the strengths, weaknesses, opportunities, and threats that the acquired property will face. This is a simple document that can be done on one page of paper. Most financial institutions do not require that this type of analysis is completed, but it does provide a potential funding source with a more professional presentation.
It is of the utmost importance that a CPA and an attorney are retained prior to the acquisition of the property. The CPA will be able to evaluate tax returns and rental statements from the previous owner in order to ensure accuracy. The attorney will be able to assist with the negotiating process, the closing process, while concurrently providing standard lease agreements for tenants. Both professionals can advise the apartment complex owner with ongoing accounting and legal issues that will be faced on an ongoing basis. A CPA will provide specific guidance as it relates to depreciation of an apartment complex.