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Updated about 4 years ago,

User Stats

100
Posts
46
Votes
Nate Smoyer
  • Specialist
  • Rapid City, SD
46
Votes |
100
Posts

Have you ever condo’d garage storage units?

Nate Smoyer
  • Specialist
  • Rapid City, SD
Posted

I’m curious if anyone has experience converting garage storage units into condo garages.

I’m evaluating a deal I think might make sense to convert the storage garages into condo. Then sell off half and keep half to rent out.

Anyone ever do this? How can you ensure buyers can get financing or banks will finance the units?

I obviously have some blind spots here. Appreciate the response.

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