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Updated about 4 years ago on . Most recent reply

User Stats

53
Posts
33
Votes
Avihay Ohana
  • New York, NY
33
Votes |
53
Posts

Help in evaluating off market hotel

Avihay Ohana
  • New York, NY
Posted

In full transparency, we didn’t target this type of seller. We sent out hundreds of hand written letters to multi family owners and didn’t filter hotels.

Seller is very motivated and after deep analysis we believe NOI (post rehab) should be around $120-$144K

What would you value property like this?

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