I have to think a ski town is all about STR  not the opposite They currently have about 100K in the bank that was to be used for a common space amenity, but I suppose could be used for enforcement legally. 

Other "products" (i.e. student apartments) that are farther away will always have better amenities than I will, however location seems to be the primary factor for the students.

The property’s existing long-term tenants provided immediate cash flow, while the potential to build out the lower level for my restaurant, Arbol Eatery, and additional amenities like a wellness center and event space aligned with my vision for creating value.

The property’s existing long-term tenants provided immediate cash flow, while the potential to build out the lower level for my restaurant, Arbol Eatery, and additional amenities like a wellness center and event space aligned with my vision for creating value.

The property’s existing long-term tenants provided immediate cash flow, while the potential to build out the lower level for my restaurant, Arbol Eatery, and additional amenities like a wellness center and event space aligned with my vision for creating value.

The property’s existing long-term tenants provided immediate cash flow, while the potential to build out the lower level for my restaurant, Arbol Eatery, and additional amenities like a wellness center and event space aligned with my vision for creating value.

It's impossible to give a definitive answer on whether you should sell or keep the property without the address and further details but based on the photos alone what I would first suggest is an amenity analysis.

The problem is now your fourplex is competing against all this new construction with pools, gyms, and amazing amenities that you can't compete with.

Its basically a tax that is over an above your property taxes and is used to pay back the developer that built out the infrastructure and amenities of the community.

@Brody VeilleuxTo maximize returns on multifamily housing, focus on mid-grade updates, amenities, curb appeal, utilities, exploring additional units, creating flexible spaces, and refinancing with a value-add record.