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Updated over 3 years ago on . Most recent reply

Michael Herren's profile image
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Michael Herren
  • Contractor
  • from Savannah, GA
  • Member since Nov 28, 2015
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Michael Herren's profile image
Michael Herren's profile image
Michael Herren
  • Contractor
  • from Savannah, GA
  • Member since Nov 28, 2015
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Michael Herren
  • Contractor
  • Savannah, GA
2
Votes |
5
Posts
Multi-Family and Apartment Investing

Hotel Conversions to Multifamily

Michael Herren
  • Contractor
  • Savannah, GA
Posted

Reaching out to see if anyone out there has experience with hotel to multifamily conversions. I have so many questions but see great potential opportunity.

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Charles Carillo
  • Rental Property Investor
  • from North Palm Beach, FL
  • Member since Apr 8, 2018
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Charles Carillo
  • Rental Property Investor
  • from North Palm Beach, FL
  • Member since Apr 8, 2018
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
Replied

@Michael Herren

Each time our team has reviewed a potential hotel/motel to multifamily deal, the cost to upgrade electrical kills the deal. I would review the electrical with your electrician prior to spending too much time on the project.

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