Why Motel Hotel To Apartment Conversion Is Hot Real Estate

An extremely short supply of multifamily real estate for sale has prompted investors to consider the motel hotel to apartment conversion transaction. If you own hotels or motels and are considering selling, please email me at beau@beaubeery.com.

In this video, we'll cover 5 reasons why motel & hotel to apartment conversions are a great idea and we'll review 10 things to look out for when considering this investment option.

Let's define the difference between a hotel and a motel. They differ in layout and construction. Hotels can contain hundreds of rooms and several floors; they generally have staircases, elevators, and internal corridors that lead to the rooms. Extended stay hotels are the most ideal conversion prospects due to larger floor plans (400+ SF) and larger kitchens.

Motels commonly have a one or two-floor layout and guests access their rooms directly from the parking lot and have open-air corridors and staircases. They range from 200-300 SF. Many motels are smaller, older, owner-operated assets in secondary and tertiary markets. The big hotel brands won't put their names on these, which is one reason why many motels struggle.

Time Stamps:
00:22 Define difference between hotel and motel
01:23 Reason 1 to convert from hotel to apartments
01:53 Reason 2 to convert from hotel to apartments
02:14 Reason 3 to convert from hotel to apartments
02:29 Reason 4 to convert from hotel to apartments
02:49 Reason 5 to convert from hotel to apartments
02:59 Item 1 to look out for when concerting from hotel motel to apartments
03:18 Item 2 to look out for when concerting from hotel motel to apartments
03:38 Item 3 to look out for when concerting from hotel motel to apartments
03:53 Item 4 to look out for when concerting from hotel motel to apartments
04:15 Item 5 to look out for when concerting from hotel motel to apartments
04:35 Item 6 to look out for when concerting from hotel motel to apartments
05:18 Item 7 to look out for when concerting from hotel motel to apartments
05:49 Item 8 to look out for when concerting from hotel motel to apartments
06:11 Item 9 to look out for when concerting from hotel motel to apartments
06:38 Item 10 to look out for when concerting from hotel motel to apartments

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