The W Condominium

Overview

The W Condominium is a 15-unit property originally acquired as a multifamily rental. Identifying a strong value-add opportunity, Nile Equity Group worked collaboratively with the existing tenant association to complete a condominium conversion. Our exit strategy blends both rental income and condo sales, allowing for a hybrid approach that captures value through ongoing cash flow and profitable unit dispositions.

Highlights

• —15 units
• —Condo conversion
• —Hybrid rental + sales exit strategy
• —Multifamily to condo repositioning