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Brand new hotel in California for 16.5 million down and 20 million is assigned/assumable hotel note at interest rate of 6.5% to new owner. Appraised value 43 million its a 141 room hotel the annual revenue is over 5 million the investment firm is looking for serious private hotel investors cash buyers only NDNC has to be signed.
No 2 deal they also have a dispensary store business and real estate for sale in California owner agreed to owners financing 8 years high traffic 5 million gross revenues every year strong NOI over 1.8 Million annually you need to act now dispensary store business asking 10 Million owners finance 35% carry back for 5 years@5% 25 year amortization no prepayment penalty management team all employees have agreed to stay on board. License 3 licenses for medical and recreation marijuana reason sale owner retiring close in 45 days commercial funding available.
Proof of funds need and NDNC signed before releasing address thanks
other Properties available too thanks in advance Katrina (231)288-0627