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Updated over 1 year ago,
The Piatto Hotel - St. Pete Beach, FL
Investment Info:
Other private money loan investment.
Funding Opportunity – Seeking $400,000
This is a 6-unit project. We are increasing the current property value from $1,140,000 to $2.5M+.
We already own 2 other Airbnb hotels in the area.
Location: St. Pete Beach, FL
Estimated value of that property at the time of refinance and/or sale is $2.5M
Minimum funding $50,000
Annual interest rate 15%
Quarterly payments
At the time of refinance, we expect to achieve 70-75% LTV = $1.75M – $1.87M
Check out details —-> https://www.cashflowportal.com/offering/f60b6b98d59a4c7d9263ed0db5756809
What made you interested in investing in this type of deal?
We already own 2 similar properties in the area and operate them as short-term rentals.