Help with financing a laundromat

[Cordell Huebsch]

Merry Christmas my friends. I am looking at a laundromat that is on a very valuable piece of property. First option would be to buy and hold it as is and use the proceeds from the laundromat to pay for the property. This option does not cash flow very much at all, but would be a strategy to build some appreciation for a later play. The second option is to basically demolish and move the laundromat to a more reasonable location and develop the lake frontage into it's final use, most likely a 8+ unit STR on water. Neither option presents a quick way to recoup the cash invested into the down payment. I'm wondering how long private or hard money lenders would usually finance such an endeavor? Is it unreasonable to find someone that would give 2 years to clean up the short term money?