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All Forum Posts by: Tracie Meador

Tracie Meador has started 1 posts and replied 1 times.

Post: Appraisals for apartment/sixplex

Tracie MeadorPosted
  • Investor
  • Virginia
  • Posts 1
  • Votes 0

I have a building that has six units side by side that will be renovated and rented as studio apartments.  This is in a rural area - was formerly a motel.   Zoning is residential.  This is somewhat of a unique property and trying to figure out if this requires a commercial appraisal or residential appraisal.  What are pros and cons of both?