Motel to Apartments Redevelopment Opportunity
About This Property
Marketing description
Investor Alert – Motel to Apartment Redevelopment Opportunity
Rare value-add redevelopment opportunity with major upside potential. Situated on approximately 3.5 acres, this former motel property offers the ideal setup for an apartment conversion, workforce housing project, extended stay concept, or mixed-use redevelopment.
The existing layout creates an opportunity to reposition the asset into income-producing multifamily units while leveraging the large site for future expansion, additional amenities, storage, parking, or new construction opportunities. Strong demand for affordable housing and rentals in the area makes this a compelling play for investors, developers, and operators looking for forced appreciation.
In addition to the redevelopment parcel, the offering includes another parcel generating supplemental income, creating immediate cash flow while plans and improvements are underway.
Highlights Include:
• Approx. 3.5 acres with redevelopment potential
• Existing motel structure ideal for conversion or repositioning
• Additional parcel with income generation
• Opportunity for apartment, workforce housing, or extended stay conversion
• Potential tax incentives, redevelopment grants, or value-add upside
• Large footprint with room for future expansion
• High-demand rental market with strong long-term potential
This is the type of project investors wait for — scale, land, multiple income angles, and redevelopment upside all in one package.
Investment highlights
Investment Highlights
• Rare motel-to-apartment redevelopment opportunity with significant value-add potential
• Approximately 3.5 +/- acres offering flexibility for expansion and future development
• Existing motel improvements provide a strong foundation for multifamily or extended-stay conversion
• Additional parcel generates supplemental income creating immediate cash flow potential
• Opportunity to reposition into workforce housing, apartments, or mixed-use redevelopment
• Strong rental demand supporting long-term multifamily fundamentals
• Potential upside through renovation, re-tenanting, and operational improvements
• Large site allows for additional parking, storage, amenities, or future building expansion
• Potential eligibility for redevelopment incentives, grants, or tax programs
• Attractive opportunity for investors seeking forced appreciation and scalable redevelopment projects
• Ideal for developers, value-add investors, and operators looking for multiple income streams
Raising price as they added another resteraunt to the proeprty
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