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I'm looking for a flagged hotel that is under managed and may or may not need renovation. Probably off market because if its listed in the normal places, like Loopnet, I've propably seen it.
Maximum purchase price is $10 million. Anything less is ok.
Bank owned, BK, foreclosure are all ok but not necessary. Prefer 100 rooms - 400 rooms. Must be in a mid to large market. Near airports or colleges is a plus.
I prefer it to be currently operating, but will look at partially built or closed if its the right situation.
I'm looking for an opportunity to add value by renovating and bringing in good management.
All cash, fast close.
Email direct at firstname.lastname@example.org
Richard I have a listing of off the market hotels in CA and FL if you are still interested please let me know.
Yes. I'm still looking.
Richard if you are interested in purchasing Hotels in FL please let me know