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Updated over 3 years ago on . Most recent reply

Donald Hlava's profile image
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Donald Hlava
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Donald Hlava's profile image
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Donald Hlava
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Donald Hlava
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Multi-Family and Apartment Investing

Hotel to MF Conversion

Donald Hlava
Posted

I have a closed 18 unit hotel in my community and am interested in analyzing the feasibility of converting it into one bed room apts. Has anyone been involved in a conversion or know someone that has? General cost per room?

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Adam Lacey
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  • from Castle Rock, CO
  • Member since Sep 4, 2018
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Adam Lacey
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  • from Castle Rock, CO
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Adam Lacey
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Adam Lacey
  • Investor
  • Castle Rock, CO
Replied

@Donald Hlava that's kind of a loaded question. Are there already kitchenettes? Are you planning to knock down walls and completely modify the floor plan? Is a lot of electrical and plumbing work needed to accommodate the conversion? All these will make a huge difference in scope of work.

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