Similar Sponsors
Details
Assets Under Management$10.9M
Average IRR22.00%
Average Equity Multiple1.77x
Motel To Apartment Conversions Sponsor
Actively Raising
Overview
Motel to Apartment Conversions, LLC specializes in acquiring motels and hotels for conversion into long-term stay apartments. With acquisition and renovation costs 45-55% lower than traditional apartments, they offer higher rent yields. Their strategy includes rezoning properties into multifamily complexes, resulting in excellent cash flows and attractive returns for investors.
Address
Year Founded
2022
Operates In
N/A
Asset Classes
Hotel
Accepted Investors
Accredited