Motel Funding Wanted - for 137 room property @ $1.9M with $600k annual net income!!

I am seeking 100% funding or joint ventire - motel acquisition in Indianapolis

Property is for sale by owner, no broker involved.

137 rooms, strong net income.

Selling for $1.95M. 

Expenses $384,000

Current NOI $616,000

Indianapolis, Indiana near downtown 

There's a cluster of 7 major hotels, all major flags. This property is the only local motel, not a franchise. Hampton, Ramada, Comfort Inn, Marriott, La Quinta, Americas Best, Quality Inn share the same highway exit.

Looking for 100% financing or joint venture to purchase and share income.

Email me for details & video.

info@mp-1.com

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Happy New Year!!

My lenders may be interested. Please forward details of your project to http://www.hardmoneywebsite.com/mlewis

I look forward to assisting you

Sincerely,

Morine

well if you don't get 100% financing contact us for our Program guidelines 

dmoore@JCunderwriting.com

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