44 Unit Short Term Rental Business

[Jason Lewis]

ADDRESSES

5403 NE 22ND TER FORT LAUDERDALE

1441 NW 10TH ST # 1-2 DANIA

1640 NW 5TH AVE FORT LAUDERDALE

3045 NE 16TH AVE OAKLAND PARK

1100 NE 4TH ST POMPANO BEACH

2500 NE 19TH ST POMPANO BEACH

2001 NE 62ND ST FORT LAUDERDALE

1745 NE 52ND ST FORT LAUDERDALE

5701 NE 22ND WAY FORT LAUDERDALE

1740 NE 49TH ST FORT LAUDERDALE

3038 SW 7TH ST MIAMI

1531 NE 35TH ST OAKLAND PARK

1120 NE 2ND AVE FORT LAUDERDALE

2101 SE 4TH AVE FORT LAUDERDALE

**44 Doors**

Here's a breakdown:

Master Lease Agreement signed with Down Payment: The tenant signs a master lease agreement with the landlord, agreeing to pay rent for five years with the option to purchase the property at any time after two years for $16,600,000. As part of the agreement, the tenant pays a down payment of $2,600,000 at the closing.

Rent Payments: Rent payments start 60 days after the lease begins. The tenant will pay $1,022,000 in the first year and $1,022,000 per year for the remaining four years. This amounts to a total of $5,110,000 in rent payments over the five-year lease term.

Balloon Payment: At the end of the five-year lease term, the tenant will pay a balloon payment of $14,000,000 if they do not exercise their option to purchase the property.

Earnest: $160,000.00

Essentially you will be buying an operating airbnb business. Net Operating Income equal to $1,460,000. If you would like more information and financials please be ready to show us your POF.

We look forward to working with you.

Let's get a deal done!