80% Occupancy rate
Cash in pocket per month OVER cap rate is an Additional $15 - $20k per month
Appraised $6MM
Priced to sell Fast at:.$3.650MM.
CASH H.M ONLY
127 rooms
NEW Huge Pool - New Palms
Fully Renovated - NO Work needed.
Security on site
4 buildings total
3.67 acres
Night Club on site
'currently pays $5k a month for 3 years "this could also be converted into an Female adult gentlemens club" - up scale.
Liquor license included. $350k Value.
Valet parking fee goes to new owner - $7 - $12k a month CASH"
Driving school on site "pays monthly"
Church on site pays monthly.
Also looking to install a liquor store drive through.
Restaurant as well as there is A LOT of extra space.
Upside:. Additional -
Enterprise Zoning "major incentive given to new owner from Orlando"
Upside additional:.
I have been approved to build when ready an 18 story hotel on site. "Wyndham or ? As potentials"
Have ALL needed:.
NOI -
Expense
Statements - trailing-
Full disclosures.
Terms:.
$100k Deposit
L.O.I and P.O.F
Close in 15 Days.