High Cash Flowing Motel

[Ryan Gray]

Investment Info:

Large multi-family (5+ units) buy & hold investment in Chippewa Falls.

Purchase price: $240,000
Cash invested: $24,000
Sale price: $240,000

16 unit boarding house and motel with it being ran as close to a apartment building as possible

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

High Cash Flow
Paid 240,000 and bringing in over 3,000 per month of cash flow after expenses

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

Direct Mail

How did you finance this deal?

Bank Financing

How did you add value to the deal?

We didn’t change anything!

What was the outcome?

High Cash Flow

Lessons learned? Challenges?

Keep in touch with sellers. Try to fulfill a need that they have even if it is not $

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No