Mid Term Rentals

[Cory Reddekopp]

Investment Info:

Large multi-family (5+ units) commercial investment investment in Boxborough.

My T.R.I, is a 264-unit corporate extended stay and a 4,000 sf community center development in the Tahoe Reno Industrial (“TRI”) center. Each building is comprised of (29) studio suites and (4) 1-bedroom suites -- fully furnished units with kitchenettes, a 24-hour fitness center, laundry facilities, a full-service bar and mobile check-in.

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

Location and Stability.

How did you find this deal and how did you negotiate it?

Trough relationships.

How did you finance this deal?

Investors and financing.

How did you add value to the deal?

Its a New Development project.

What was the outcome?

Great cash flowing property.