Hotels For Sale In CA / OH
Location Indiana,United States
Asking Price Range $10.0M - $20.0M
Gross Revenues $6000000
Net Profit / Cash Flow $3000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 50 - 99
Inventory 18000000
Relocatable Not Disclosed
Number of Employees 50 - 99
Real Estate Owned
Training Yes
Reason for Sale Down sizing
Description Our investment group clients' are retiring and looking to sale their two hotels' in OH / CA. Both have appraisal / BPO for over $25 million each. Both hotels have over $6 million yearly NOI numbers for 2011-14 and a very good management team in place.
The new owner(s) will receive a cash-out up to $2 million at closing. We have everything in place to close by the end of the month. And when the time comes we will help the new owner(s) refinance everything if needed.
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