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Sold Property Designation
Sold Property Designation

Asset sales are an essential part of a healthy portfolio strategy. Here's how to designate a Property as "sold" in Stessa.

Victor Perez avatar
Written by Victor Perez
Updated over a week ago

Sold Properties on Stessa

It's easy to let Stessa know that you've sold a particular property and it's no longer part of your overall portfolio.

Here's how:

1. Visit your Properties page
2. Click the kebab (three-dot) menu to the right of the property
3. Click "Mark as Sold"
4. Turn on the Mark as sold toggle
5. Enter sale date and sale price

That's it!

All relevant rent rolls, tenant data, documents, and transactions will be preserved, but you'll no longer see any data from sold properties included in your dashboards.

Eventually, we'll also support final close-out reporting to help you understand how the investment performed from start to finish. You can contribute your ideas to these sold property reports in the Community Forum.
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