What must a landlord include in their offer to sale regarding tenant rental units?

When a landlord offers rental units for sale, it is crucial to include a list of unit numbers along with the current rents charged for several reasons. This information provides potential buyers with a clear understanding of the property's cash flow and occupancy status. By listing unit numbers, buyers can easily identify which units are involved in the transaction, making it simpler to assess the condition, maintenance history, and rental potential of each unit.

Having the current rent amounts is particularly significant as it reflects the investment's income-generating potential. Buyers often evaluate properties based on their current revenue streams, and knowing how much each unit generates can help in assessing the feasibility of the investment and determining a fair purchase price.

Including this information is also a standard practice in real estate transactions, aligning with transparency and informing potential buyers about what they would be acquiring as an investment. Consequently, this creates a more informed decision-making process and builds trust in the landlord’s management of the property.