Tommy Dobczyk walks through a $4 million Florida hotel on 2.25 acres generating $435,000 in annual NOI. The deal carries a 3% cap rate and requires $1 million cash, with financing approved for the full $4 million purchase price.
Florida hotel, multi-room, 2.25 acres, at, um, 3% depending on the season. Peak season, of course, is higher. Daily, weekly. Asking $4 mil, NOI $435,000. Owner requests help, financials approved for financing. We got to have them approved for financing, $4 million, right? So looking at this, seeing that, uh, you're getting, uh, 76 So, um, that's not bad if you do the math on that, break that down to 365 days, or if you want to break that down to weekly, you can understand what your, your stuff's getting weekly, right? So this is going to be about $259,000 because it's making you come up with $1 million. So how do I guess? Right.
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