From start to finish, American Investor Properties, Inc. (AIPI) can help in transforming current apartment, office, medical, commercial or industrial property into condominiums, and be your guide throughout the entire conversion process.
In order to be a successful real estate investor your should be aware of how to calculate how much time and money it'll take to rehab properties, and at the same time know how to deal with tenants and building maintenance.
How Can AIPI Help?
We provide our expertise to property owners, developers and investors in locating, developing and marketing condo conversion projects. This results in a legal and financially viable transaction, and ultimately increases the value of the asset.
The mechanics of condo conversions require a professional, experienced team to address each facet of the project. To ensure that our clients receive the most accurate and comprehensive service available, and to ease local and state entitlement processes, we work closely work with an assortment of experts, which includes:
Condo conversion is not a simple process and could take between 12 to 24 months, to secure the required approvals, depending upon the location. Each municipality has its own set of requirements for condo conversion, and this may vary the cost.
Let us guide you through all the different phases of the conversion process. A complete property conversion and market analysis will tell you if the property is a prime candidate for conversion. Before you apply for condo conversion, an experienced consultant should analyze your property.
Contact us today for a free feasibility analysis.