DEAR DIRECT INVESTORS & HOSPITALITY BUYERS
BOUTIQUE HOTEL 110 KEYS RE-DEVELOPMENT PROJECT
MIAMI BEACH PRIME
MIAMI-DADE COUNTY, FLORIDA
$45,000,000
OFFERING MEMORANDUM (OM)
==============================
$35,000,000
DISPOSITION
FOR SALE AS IS
&
SHOVEL READY ARCHITECTURAL PLANS & PERMITS
$10,000,000
****
FOUR STAR BOUTIQUE HOTEL 110 KEYS CONVERSIONS
RENOVATIONS PROJECTED COST
5 FLOORS
GROUND FLOOR RESTAURANT
ROOFTOP POOL RESTAURANT BAR ENTERTAINMENT
24 MONTHS RENOVATIONS DURATION TO FULLY OPERATIONAL
=====================================================
PROJECTED FUTURE REVENUES
$6,500,000 = 110 KEYS x $200 AVERAGE KEY x 80% OCCUPANCY x 365
$2,000,000 = 200 MEALS PER DAY x $25 AVERAGE x 365 & BAR
==
$8,500,000 PROJECTED FUTURE REVENUES PER YEAR
$3,500,000 PROJECTED FUTURE OPERATIONAL COST PER YEAR
===
$5,000,000
PROJECTED NET INCOME PER YEAR PRE-TAXATION
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Do this property stills available, I have somebody interested. Please call, text or email us.
Thanks,
Elgin Cepeda
Managing Partner
Pacific West Group
Phone #939-491-1799
Email: ecepeda@pacificwest.com
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