Direct multifamily buyer
Sell your Houston multifamily property to Kallpa
Kallpa is a direct buyer of 20-to-50-unit multifamily in the Houston metro. We close on seller-financed and cash deals, and we underwrite with realistic insurance and capex assumptions.
What we buy
What does Kallpa buy in Houston?
20 to 50 units. 20 to 50 units, B/C class, post-1960s, with a value-add path.
Houston is one of the deepest 20-to-50-unit markets in the country. We focus on the submarkets where workforce housing still cash-flows after honest underwriting.
Submarkets: Inner-Loop east and southeast, Spring Branch, Pasadena, Humble, Pearland, Sugar Land, Katy.
Why this market
Why is Kallpa active in Houston?
Houston has the deepest 20-to-50-unit market in our footprint, the largest out-of-state owner population, and one of the broadest rent-growth profiles. The ten major submarkets we look at all have different fundamentals, which means there's always somewhere we'd rather be looking.
Underwriting
What does Kallpa look at first when underwriting a Houston deal?
Three Houston-specific risks shape our underwriting: flood zone exposure (we look at FEMA maps, prior claim history, and elevation against the building footprint), Harris County property tax reset on sale, and insurance that has risen sharply since 2017's hurricane season.
Sellers we meet
Who are the typical sellers in Houston?
Out-of-state owners are the largest seller category in Houston by a wide margin. Heir property situations come second (Texas inheritance law often produces partial-share tangles that direct off-market buyers can resolve more easily than the auction process). Partnership wind-downs are the third.
How it works
How does selling to Kallpa work?
-
Contact Jose directly.
Phone or email. He answers his own line.
-
Property review.
Address, unit count, rent roll, and a few questions about condition.
-
Written offer.
Cash or seller-financed, usually within a few business days of getting the basics.
-
Short due diligence.
Inspection, title, and a quick rent-roll verification. We don't drag it out.
-
Close at title.
14 to 45 days depending on structure.
Tell Jose about your property
Two minutes. No broker. He'll read it himself and reply within a business day.
Related
Related
Market FAQ
Common questions about selling in Houston
- How do you handle Houston's flood-zone exposure in your offers?
- We flag flood zone, prior claim history, and elevation against the building footprint. If the building has flooded since Harvey, we want to see what's been done. We don't pass on flood-prone assets reflexively, but we underwrite the insurance reality.
- Will you buy from out-of-state Houston owners?
- Often. Out-of-state owners are one of our most common seller types in Houston. We coordinate inspections, walk-throughs, and closing entirely remotely.