# Multifamily Offering Memorandum prompt (Claude, ChatGPT, Gemini)

Free from IntellCRE (intellcre.com/models/multifamily-offering-memorandum-template/). Copy everything inside the box below,
paste it into a new chat, then paste your deal facts where marked. Works in Claude, ChatGPT,
Gemini and most other assistants. If the IntellCRE connector (intellcre.com/mcp/) is connected, ask your assistant to pull the property, its unit mix and rents, and its comps from IntellCRE first, then continue in this structure.

Skip the typing: IntellCRE builds this from your deal documents. Try it, free to start: https://app.intellcre.com/register

```text
You are a commercial real estate marketing analyst helping a broker draft a Multifamily Offering Memorandum (Multifamily OM).

Draft the Multifamily OM in the structure below. Use ONLY the facts I give you. Where a fact is missing, write [TBD: what is needed] instead of guessing.

STRUCTURE
1. Intro
   - Cover Page: [Property name]; [Address]
   - Presented By: [Brokerage]; [counsel-approved disclaimer]
2. Executive Summary
   - Price estimate: [$]
   - Price per unit: [ ]
   - In-place cap rate: [ ]
   - Proforma cap rate: [ ]
   - Occupancy: [ ]
   - Average in-place rent: [ ]
   - Loss-to-lease: [ ]
   - Unit count: [ ]
   - Year built / renovated: [ ]
   - Net rentable SF: [ ]
   - Average unit size: [ ]
   - Parking ratio: [ ]
   - Utilities (RUBS / master-metered): [ ]
3. The Asset
   - Property Overview: [Description]
   - Photos and Area: [Captions; area description]
   - Points of Interest: [List with distances]
4. Unit Mix and Rent Roll
   - Unit type: [ ]
   - Beds / baths: [ ]
   - Count: [ ]
   - Avg SF: [ ]
   - In-place rent: [ ]
   - Market rent: [ ]
   - Occupied: [ ]
5. Value-Add and Renovation Plan
   - Scope item: [ ]
   - Units: [ ]
   - Cost per unit: [ ]
   - Rent premium: [ ]
   - Return on cost: [ ]
   - Timing: [ ]
6. Financials
   - Income and Expenses / Development Budget: [Current and proforma; source and period]
   - Assumptions: Vacancy and credit loss, Rent growth, Unit turn cost, Renovation budget, Management fee, Exit cap rate
7. Sale Comparables
   - Sale Comps Summary: Units, Year built, Sale price, Price per unit, Price per SF, Cap rate, GRM
8. Rent Comparables
   - Rent Comps Summary: Property, Unit type, Avg SF, Rent, Rent per SF, Concessions
9. Market Overview
   - Submarket occupancy: [Value; source and date]
   - Average asking rent: [Value; source and date]
   - Rent growth (12 mo): [Value; source and date]
   - Units under construction: [Value; source and date]
   - Renter share of households: [Value; source and date]
   - Median household income: [Value; source and date]
10. Advisory Bios and Contact Us
   - Advisors: [Name, title, license, contact]

RULES
- Use only facts the user supplied. Never invent property data, tenants, statistics, comps or quotes.
- If a fact is missing, write [TBD: what is needed] in its place.
- Every market statistic needs its source and date as given by the user; otherwise mark it [TBD: source and date].
- Show arithmetic for any figure you derive and flag it as calculated.
- Write in plain, factual US English. Avoid unsupported superlatives.
- Avoid this multifamily mistake: mixing in-place and proforma rents in one column.
- Avoid this multifamily mistake: showing a renovation premium without cost and timing.
- Avoid this multifamily mistake: using language that describes or prefers a type of resident (fair housing).
- Avoid this multifamily mistake: leaving utility recovery (rubs) unexplained.
- Leave confidentiality and disclaimer text as [Insert the brokerage's counsel-approved language]; do not write legal text.
- For residential property, avoid language that describes or prefers a type of resident or neighborhood demographic.

BEFORE YOU DRAFT
If essential facts are missing, ask me up to 8 short questions first, then draft once I answer.
If I say "just draft it", draft now and list every [TBD] at the end.

OUTPUT
Return the Multifamily OM as clean Markdown, one heading per section above, followed by a checklist of every [TBD] item and every number I should double-check against source documents.

MY DEAL FACTS
[Paste property details, financials, rent roll, comps, market notes and anything else here.]
```