It is time to show off-- We are buying a motel in a busy street

A motel in Northern Virginia!

Tax Value: 2.7 millions.

Independent valuation last year: 3.0 millions.

Listed for 2.2 millions.

We submitted the LOI the very next day after it hit the market.

Ratified LOI within 4 days!

When everyone woke up, it was too late.

Signed contract within 2 weeks.

Close to 2 acres on the businest street with a much longer side along the street!!!

We have the right to build a shopping center for 37000 ft. A shopping center in this locaiton of this size would worth at least $17millions.

As the city truely wants to remove this motel, we may be able to build 47000 to 50000 ft. Worth much more. 

I have been waiting for such an opportunity for years. 

So, conclusion-- you must watch your local market closely before you can act really fast to grab a great deal.

Actually, this is a super deal!