We have launched and grown a corporate housing business for the military with a unique twist. We furnish single-family homes and apartments and rent them out by-the-room to military members on temporary travel orders (TDY) at the on-base lodging rate of $77 per night.
By purchasing a single-family home with 5 bedrooms, we can collect $8,662 a month in rental revenue assuming a 75% occupancy rate and a 30 day month. After expenses (PITI, utilities, WiFi, cable, cleaning, repairs) we can net ~ $5,000 from one single-family home.
We have built and will continue to build out:
- A reputable and recognized brand in the U.S. Air Force community
- Above Average real estate investment returns
- The opportunity for cross-selling into other housing sectors
- Extensive domain knowledge and expertise in analytics
Given the large market and our recent DoD Contract award, we believe we can scale the business to $10,000,000 per year in 2-3 years. We are raising a seed round of $1,500,000 and would love to present our pitch deck to you.
https://militarycrashpad.com/about-us/The owners consist of 1 MIT grad, 2 USAF Combat Pilots, and 3 United States Air Force Academy Grads with working experience at the Boston Consulting Group and The Pentagon.