80 HOTEL ROOM NEW EXPANSION RESTAURANT / BAR CONSTRUCTION WITH ALCOHOL LICENSE Seeking $750,000 30 Years Term 12 Month Deferred Payments None Recourse 1% Fee Low Interest Rate Fast Closing NO UPFRONT

[CONSULTING FIVE STAR GLOBAL]

80 HOTEL ROOM NEW EXPANSION 
&
RESTAURANT / BAR CONSTRUCTION WITH ALCOHOL LICENSE 
Seeking
$750,000
30 Years Term
12 Month Deferred Payments
None Recourse
1% Fee
Low Interest Rate
Fast Closing
NO UPFRONT FEES OF ANY KIND NONE 

152 rooms Hotel  in Davenport Florida
90%+ Year round occupancy

Operating two business models
(OP1) daily / weekly hotel business operations
(OP2) Long Term Tenants business with 1 year leases

Approved for conversion to Condo-Hotel
Individual Hotel Condo owners can generate income by renting out their hotel rooms
EXCLUSIVE by Hotel management company
Once converted with new owners income from daily / weekly business pays
75% to the condo owners 25% net to Hotel Management Company
Condominium Declaration states the Hotel Management Co will manage the
Hotel Condo Association for a term of 20 years
All hotel operations expenses are paid by the condo owners

At present the annual income of the (OP1) daily and weekly business is about $900,000 of which
25% or $ 230,000 is paid to Hotel Management Company
The Hotel Manager receives $5,000 monthly = $60,000 per year
Hotel Management Company receives $180,000 net

Hotel was appraised for $8,000,000 Sep 2022 and received $4,000,000 re-financing for existing mortgage

Expansion Construction Plans in place for
A) To expand the hotel by additional 80 hotel rooms
B) To build out the present Breakfast area to a full Restaurant and Bar with full hotel liquor license

Seeking
$750,000
30 Years Term
12 Month Deferred Payments
None Recourse
1% Fee
Low Interest Rate
Fast Closing
NO UPFRONT FEES OF ANY KIND NONE

To be assumed by new Hotel Management Company 50% partner

80 Room Expansion & Restaurant/Bar Construction & Alcohol License use of funds will increase the rental income of the hotel therefore 2025 projections expected a total rental income of (OP1) daily / weekly hotel business operations to increase to $3,000,000+ plus Restaurant/Bar with $1,000,000 per year to projected $4,000,000+ per year

[WKL David]

Commercial Real-Estate Backed Funding

https://davidallencapital.com/?refcode=102714544

Longer Terms.  Higher Offers.

Loan offers up to $50M.

Lower payments with terms up to 5 years with 30 year amortization.

Current Rates 7.5% - 8.5%*.

[Reginald Truss]

T o Whom It May Concern, I was hoping I could find an email adresss, but didn't have any luck.  We can help you with your project, but I don't know if we can meet all of your demands, but we can come close.  Send your executive summary to [e-mail].  Hope to hear from you soon

Yours Truly

Reggie Truss/Loan Father

[Admin]

Hi Reginald.

This is Monty. Here is their email address: [e-mail]

[Reginald Truss]

Thanks

[Reginald Truss]

My name is Reggie/ Loan Father.I saw your post about needing money for a real estate transaction, I’m contacting to find out more.

If you are still looking for money just give me a call when you can at 419-531-8433, or I would love to shop around for  you and get you a competitive quote. Email address [e-mail].  

Again my name is Reggie, and I can be reached at 419-531-8433, or [e-mail].  Have a great day.

loanfather.com

[WKL David]

DAC USA Related Funding Application Website:

https://davidallencapital.com/partner/?refcode=102714544

To apply, you will need to fill in the following information during the processing of the relevant funding application:

Agent Name : David Lee

Agent ID# : 102714544

David Lee

DAC USA Registered Broker
https://davidallencapital.com/partner/?refcode=102714544