Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Turning a motel into an apartment complex
Hello!
We may have an opportunity to turn a 16 unit motel into an apartment complex in CT. all rooms would be studios minus one 2 bedroom apartment that is existing.
i have been in talks with the town's building department and just need to speak with zoning now. all sounds pretty promising as far as any hoops we need to jump through.
does anyone have any experience with this? if so, how did repositioning go? were you able to boost the property's value?
Thanks.
- Ryan Deasy
- [email protected]