We have a similar thing going on and I was just thinking of posting about it.
We have lived in this apartment for 5 years (month to month). I'm starting to hear things about the landlord selling the place and the new owner want to make these into condos. We have a small real estate boom going on here (due to oil and gas drilling) amid all the housing crisis in the rest of the country.
There was a surveying crew here this week. I asked them what they were doing and they were surveying and measuring it for condos, they said.
My landlord ok an ok guy (not great, but ok). A fellow tenant we are friends with has been doing carpeting and flooring work in the landlords house and the landlord has not said anything about the sale of the apt buildings. There are a couple of elderly ladies here that have lived in the complex for 20+ years.
I'm not sure what people look for in condos. These apts are in ok to mediocre condition. Most are <1000sq ft. They all need new windows and doors. The windows are single pane and let the cold in. Heat had been included in the rent, so they all heat off one or two boilers. They also share water heaters. Can condos do that? None of them have washers and dryers in them, they have to use a common room of them.
There are not many apartments for rent in this town now, especially for renters with 2 cats. I hate to move out of this neighborhood, we are friends with many folks here in the complex and in some of the houses nearby. This is walking distance to many things for us also.
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