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56
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28
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Joaquin M Dugan Jr
  • Lender
  • Dallas, TX
28
Votes |
56
Posts

Motel to Apartment Conversion?

Joaquin M Dugan Jr
  • Lender
  • Dallas, TX
Posted

Good evening BP,

I have quick and simple question. Has anyone in their investing career ever convert a motel (roughly 60 doors) into an apartment of about 20+ units?

Most Popular Reply

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305
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149
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Mike Nelson
  • Investor
  • Oak Park, IL
149
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305
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Mike Nelson
  • Investor
  • Oak Park, IL
Replied

No, but this looks like a real good question, in light of less travel related to coid 19, and challenges in maintaining an acceptable occupancy level.

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