For many apartment owners, low rents and below-market income make it hard to get the price they want. Buyers push for discounts, while ongoing expenses and tenant issues drain energy and reduce appeal.
If you’re ready to step away from the burden of management without giving up on the value you deserve, a Master Lease Purchase Agreement (MLPA) offers a proven exit strategy.
This structure gives you peace of mind today while guaranteeing tomorrow’s sale — at your price, on your terms.
What Is a Master Lease Purchase Agreement?
A Master Lease Purchase Agreement blends the strength of a triple-net (NNN) lease with the certainty of a future purchase contract.
Here’s how it works:
- The buyer leases the right of ownership for a set period (often 3–5 years).
- During that time, the buyer assumes all expenses — property taxes, insurance, maintenance — just like under a NNN lease.
- The property continues to generate income (e.g., $200,000 gross, netting $100,000 after expenses).
- At the end of the term, the buyer purchases the property at your agreed price.
This gives you predictable income now, while securing your exit at the value you want.
Why a Master Lease Purchase Agreement Is an Ideal Exit Strategy
- Seller Gets Their Price – Lock in your sale price today, even if income is currently below market.
- Step Away from Management – The buyer takes on expenses, operations, and headaches.
- Predictable Income Stream – Continue receiving steady rental income during the lease period.
- Motivated Buyer – Buyers work to increase income since they know they’ll own the property.
- Flexible Timeline – Structure the purchase in 3–5 years, allowing the property to stabilize.
- Reduced Risk – Avoid selling during a down market or when rents are temporarily low.
For owners, this strategy acts as a bridge to sale — a way to exit management today while securing long-term equity tomorrow.
Lucrum’s 3-Step Plan for a Master Lease Purchase Agreement
- Step 1: Assess – We take the time to understand your exit goals — price, timing, and debt payoff — and evaluate if an MLPA is the right fit.
- Step 2: Structure – We negotiate terms that protect your equity, ensure the buyer takes on all expenses, and align with your desired exit timeline.
- Step 3: Execute – We guide both parties through the lease and purchase agreement, ensuring compliance and a seamless transition when the property sells.
Why Sellers and Buyers Trust Lucrum
- Creative Deal Structuring – Agreements tailored to unlock seller value while giving buyers room to improve operations.
- Hands-Off Ownership – Step back from expenses and management while keeping steady income.
- Clear Path to Sale – Buyers gain motivation to grow the asset, while sellers know their price is protected.
The Freedom to Plan Ahead
Imagine stepping away from property management today — while knowing your sale is guaranteed in the future at the price you want. A Master Lease Purchase Agreement offers the peace of mind of steady income now and a secure path to financial freedom later.
Let’s Talk Strategy
Ready to exit your property without the headaches of management or discount pricing? Let’s explore whether a Master Lease Purchase Agreement is the right strategy for you.
Call Lucrum Real Estate Group today for a confidential, no-obligation consultation.