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MILLERMARK REALTY provides a complete and unparalled service to buyers and sellers. Specializing in sales, marketing, and property management we custom tailor a full range of services to meet the need of both individual and corporate clients. Brandon Miller, owner of Millermark Realty is a licensed Realtor and Broker. Brandon Miller and his staff are resourceful, responsive, and attentive to your every need.

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committment to our clients

By definition, due diligence refers to an investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to a sale. Or in generally: Due diligence is essentially a way of preventing unnecessary harm to either party involved in a transaction. Brandon Miller using all qualifications and licenses of both Millermark Realty and Millermark Realty has completed countless due diligence packages for investors and banks. Investors have come to rely on these reports to determine if they proceed with the purchase of the asset and whether or not to ask for concessions or discounts at closing. These reports and their process can range from a 20-page report which takes usually 3 days up to a 150+ page report which takes over two weeks. Which report needed is determined by the investor or bank as to what level of details are needed.

Our more detailed due diligence reports cover the following:

  • Current Rent Roll
  • Analyze Contract For Purchase And Sale
  • Unit Mix With Square Footages
  • Investment Analysis Using Historical Financial Data
  • Potential Mortgage Amortization Schedule
  • Property Inventory (Identify Personal Property)
  • 12-Month Profit And Loss Statements
  • Walk Each Individual Unit
    • Take Inventory
    • Note Conditions
    • Note Occupied/Vacant/Size/Type And Audit Rent Roll
    • Note Any Issues In Unit
  • Current Budget
  • Current Detailed Physical Conditions Of Asset
  • Identify And Attach Survey If Found
  • Identify Any Insurance Losses That Occurred For Previous Three Years
  • 2-5 Year Projections
  • Area Map And Location
  • Identify And Attach Any Contracts That Survive The Closing
  • List Any Capital Expenses For The Previous Three-Five Years
  • Suggest Goals And Strategies If Asset Is Performing Below Market
  • Marketing Materials Currently Used (Brochures, Floor plans , Advertisements Running)
    • Suggested Marketing Plan
  • Suggested Capital Improvements
  • Census, Local, Regional Data Where Asset Is Located
    • Statistical Digest
  • Identify Life Safety Issues Sought
  • Future Capital Items Budgeted ( Roofs, Parking Lot, Pools, Structures )
  • If Previous Phase 1 (Environmental Survey) Is Found
    • Typical O & M Plan
  • Recommend Preventative Maintenance Program If Needed
  • Identify Any Deferred Maintenance Issues
  • Insurance Estimation Or Quote
  • Photos Of The Project (Interior And Exterior) To Support Findings Of Report