Converting Apartments to Condos
I own a 6 unit apartment building in Hartford CT. I'm interested in possibly converting the units to condos, then selling the individual units. I'm not familiar with the process and I want to research this more, to see if it's even a good strategy for my situation.
Does anyone have experience with this? I would love to talk to someone who recently went through this.
Thanks!
-Frank
Most Popular Reply
Don Konipol
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Unfortunately the numbers don’t work for Hartford as there is little demand for condos. Now, if your property was in West Hartford, the demand would be there.
- Don Konipol
Private Mortgage Financing Partners, LLC