Hardwood Flooring Dilemma

[Alecia Loveless]

I’m looking at a mid sized multi family that is in need of a makeover. With a rehab and proper tenant placement and spreading the word that it’s under new management I think it has the potential to be a money maker.

My question is regarding the flooring. It has original hardwood floors that are a dark color that either need to be refinished or have new laminate flooring installed on top of them.

What would people recommend? I feel the hardwood might look good for a while but would get scuffed and worn in a short while.

Take it unit by unit? Or go with my gut and simply cover it with fresh vinyl wood planking.

I own the building next door which has been done with high end laminate wood plank and nice touches and it looks brand new, clean, and attracts professional people.

Thanks for your opinion!