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Updated 3 months ago on . Most recent reply

User Stats

46
Posts
25
Votes
Mark Lawson
  • Real Estate Broker
  • Chattanooga , TN
25
Votes |
46
Posts

Looking for a partner or sell a high end Airbnb/Wedding venue with $800k in equity

Mark Lawson
  • Real Estate Broker
  • Chattanooga , TN
Posted

I have a 14k sq foot home in east TN that has been on Airbnb in the past (at $1700 a night) that I am looking to partner with someone on. We have the property purchased at about $800k under appraisal. I have financing lined up and will provide the personal guarantee on the property as far as the loan. I am looking for $250k for 25% ownership and open to more ownership. 

We are adding a wedding venue area to the property and it is a beautiful property with a full outdoor pool bar and 5 acres of land. This will be a short term hold around 12-24 months and we can pull funds through a refinance with some seasoning. I can send you pics and the appraisal if you will PM me

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