Michelle Foster

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Principal Buyer

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

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