Cap Rate Difference: Multifamily Versus Hotel Conversion

Cap Rate Difference: Multifamily Versus Hotel Conversion

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After a successful hotel to apartment conversion, the cap rate on the property changes for the better. But unlike most multifamily deals, it's not due to market fluctuation!

This is one of the reasons why Hotel-to-Apartment Conversions make a huge sense!

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https://trendinginrealestate.com/multifamily-investing/daily-multifamily-inventory-for-western-washington-counties-june-28-2023