Would a hotel make a good apartment building?

[Dalton Emershaw]

So, full disclosure, I am not at all experienced enough to try this, I am just asking out of curiosity and education.

There is a Holiday Inn in the downtown of my city that closed. It is 5 stories and has a small indoor pool.

Could there be an efficient way to convert this hotel into a multi-family apartment building?

[Greg Dickerson]

Originally posted by @Dalton Emershaw:

So, full disclosure, I am not at all experienced enough to try this, I am just asking out of curiosity and education.

There is a Holiday Inn in the downtown of my city that closed. It is 5 stories and has a small indoor pool.

Could there be an efficient way to convert this hotel into a multi-family apartment building?

 Yes hotels can make fantastic apartment conversion projects. It all depends on the market, demand, condition, location, type of building etc. there are a lot of factors that go into it some you can convert pretty much as is others you have to completely gutted and renovated.