Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Help in evaluating off market hotel
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?