Recent content by leo.chase

The strongest fact in your post is not the market listing; it is that the tenant pays and protects the property by reporting problems. I would price that reliability into a below-asking renewal, while still making a defensible adjustment so the gap does not quietly become much harder to address...

I wouldn’t request title documents before deciding whether the layout and condition justify a visit. First get answers on the measurement basis, energy performance, recurring service charges, parking and included fixtures; then arrange the appointment. If the viewing is promising, the title...

Buyer financing may explain part of the spread too. Within such a wide price band, the lower and upper ends could attract different buyer pools even though both are called small multifamily.