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Hotel Development Opportunity-Great ROI | Tampa FL | 7223012509

This listing was posted on Americanlisted.

$2,852,000

Hotel Development Opportunity-Great ROI

Price:
$2,852,000
Location:
Balm
Description:

Seeking accredited investor for Holiday Inn brand Hotel Development and Start up Project. Total costs are over 8M- but an investment of 2.852M will yield yourself an 80% deeded ownership with a projected ROI of 30.52%, with a possible return of over 550K annually.Hotel will be a 96 unit with a restaurant and lounge and located in a high traffic area in Grand Forks, ND. Close to many big businesses including the University of ND, Alerus Convention Center and Altru Health Care Center.Partner with established 4 decade company experienced in all aspects of the hospitality industry. Serious inquiries please.
Property Type:
Commercial & Office Space for Rent
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