The Buffalo Lodge

[David Pere]

Investment Info:

Other buy & hold investment.

Purchase price: $950,000
Cash invested: $100,000

Contributors:
Jon Lallande, Hugh Carnaha

The Buffalo Lodge www.stayatbuffalo.com

This has been a wild ride in terms of lessons learned! Hotels are a whole different beast :)

What made you interested in investing in this type of deal?

It was part of a package deal

How did you finance this deal?

we have an awesome local lender!

How did you add value to the deal?

New employees, management, capex, improvements, the works...and still an ongoing process!