I am looking to purchase a Hotel, Bar, Casino in Deadwood SD. The cost is 6 million. I need 1.8 to do the down payment for a 30% owner ship. I am going to get the rest from a bank. The cap rate advertised is 15.8%. I have not seen the documents yet. My wife and I are looking to run this property directly. I have 27 years' experience running large Travel Plazas. My wife has 28 years' experience running Full-Service Restaurants. We are looking to become owners. We want to directly be impacted by the hard work we do every day.
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