Principal Buyer
Michelle Foster
Property Acquisition Specialist
IPX Financial LLC
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Owner/Investor
Premium
Is Looking For
Three to five star hotels wanted with a minimum of 60 keys
Buyer Want
Description:
We are STILL currently looking to acquire 16 hotels within the next 6 months. Criteria for purchase:
1. WE PREFER OFF MARKET LISTINGS IF POSSIBLE
2. MINIMUM OF 60 KEYS
3. FAST CLOSING
4. PRICE MUST BE NEGOTIABLE
5. PRICE MUST BE BETWEEN $1MM-$10MM
6. PROPERTY MUST BE IN GOOD CONDITION-COSMETIC REPAIRS ARE ACCEPTABLE
Please allow an additional 72 hours for property evaluation. When responding to this want, please send information regarding your property.
Listing Types:
Hotel
Price Range:
$1,000,000 to $10,000,000
Locations:
Dallas, TX, USA
Houston, TX, USA
Austin, TX, USA
Miami, FL, USA
Atlanta, GA, USA
Orlando, FL, USA
Los Angeles, CA, USA
San Diego, CA, USA
San Francisco, CA, USA
Sacramento, CA, USA
Chicago, IL, USA
New York, NY, USA
Details:
Cap Rate:
8% to 10%
SQFT:
Over 46,000/sqft
Units:
Over 60
Last Updated: 05/20/2022
Created: 2021-10-05T17:35:01Z