Motel To Apartment Conversions

Motel To Apartment Conversions (MTAC) specializes in acquiring under-performing or distressed motels and hotels and converting them into long-term stay apartment-style housing. Their business model is built around “adaptive-reuse”: buying motels at steep discounts, renovating and adding residential features (e.g. kitchens, apartment-style units), then leasing them out as apartments — aiming to create value while supplying flexible housing.

The firm targets primarily motels/hotels from the 1980s–2010s, ideally 100+ units, and focuses on markets where there’s strong demand for affordable or “mid-tier” rental housing. Their strategy claims lower acquisition + renovation costs compared to building new apartments, which — if executed correctly — could translate into attractive yields and long-term cash flow.

According to their website, they offer these conversion projects to investors, allowing accredited investors to participate in their funds / syndications. Their pitch emphasizes above-market returns through “flex-partment” — hybrid apartment / extended-stay / flexible-tenancy units that straddle hotel vs apartment models to take advantage of both markets (transient and long-term renters).