Resources
Resources
Resources
Acquisition and Renovation Funding needs for Exisiting Resort
Posted by: Larry Messinger on 2/2/2010 10:22:54 AM
Funding Needed:
$500k - $1mil
Category:
Hospitality & Tourism
Website :
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Location :
Palm Springs, California, USA
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Description:
I am requesting funding for an acquisition of an existing clothing optional resort and spa in Palm Springs, CA. The amount of funding requested in $600,000. You will be secured with a first trust deed and an interest in the hotel. The present owner will be carrying a second trust deed in the amount of $400,000 which will make this investment more secure. Projected profits after renovation and marketing will be $220,000 per year based on 60% occupancy. Please contact me if you are interested in this project.
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