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04-03-2024, 11:47 AM #1
$3MM Flagged Hospitality Investment Opportunity - Ground-Up in New Llano, LA
Who likes to invest in flagged hotels? I have a client seeking to build a brand new Holiday Inn & Suites out in New Llano, LA.
Everything is in place except for the capital (literally EVERYTHING, but the guy is broke now).
So far, sponsor did put over $550,000 into the project, land is owned free & clear. All permits are in place.
Sponsor has over 20+ years as hotel operator, 15+ years developing residential properties, & is a licensed commercial contractor.
I have the bank ready to do the financing @ up to 90%. What's missing is the capital injection.
The project costs at a minimum $9.5 MM to finance, ideally $10.3 MM for everything to be perfect.
Sponsor is offering up to $3,014,658 of Equity Interest constituting a 75% Equity Interest Share in this 80-room project.
Anyone interested & capable to execute promptly, just PM me or email me if you have my direct contact.
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