APARTMENTS AS INVESTMENT PERSEVERANCE, DURABILITY MAKES SHELTER ERIC DOMEIER
There are a few exit ramps from this investment plan also, and those include selling to a new investor or
converting the property to condominiums. Developer beware though, condo-conversions are fraught with liability
that can follow the original developer team for an additional 10-years.
A final note regarding this article, use common sense when relying on the data discussed and shown. The
exemplar project illustrated in the tables is conceptual only and the stated returns are not guaranteed.
References to financing, accounting and tax law should be discussed with the appropriate qualified
professionals. Project conditions vary widely so hire good professionals and do the homework.
Apartments are a necessary element of our community. They provide housing for an important segment of the
economy and provide an investment opportunity for those with the perseverance.
Eric Domeier
Eric Domeier is Principal of Domeier Architects Inc in San Diego, CA and can be reached at
619.531.0010.
After 10-years in the construction industry, Eric Domeier graduated from North Carolina State
University in 2000 with a Masters of Architecture. He has since been involved with commercial and
residential projects from tract single-family to the $500m. Cisco Systems campus in RTP, NC. After
10-years as a forensic consultant he is uniting his technical and contractual expertise with design
excellence for the new construction market. He and his wife live in Encinitas with their two daughters.
Eric’s Website: http://www.dome-arch.com