Seeking investors for an opportunistic 25 room motel.
OVERVIEW
The real estate investment landscape is constantly evolving, presenting unique opportunities in various niches. One such niche, often overlooked but ripe with potential, is the traditional motel market. Our investment thesis centers on acquiring, renovating, and repositioning distressed motel properties to unlock significant value and yield substantial returns for our partners.
SUMMARY
We are presenting an exceptional opportunity to invest in a motel property in Hudson Valley, New York.
As of today, we have successfully completed Phase 1 of our renovation project. This phase encompassed a comprehensive refurbishment of 22 units, a complete overhaul of the water treatment system, and a cosmetic update to the single-family home.
Additionally, we have implemented a full rebranding, including the development of a new website and integration with Online Travel Agencies (OTAs). Our efforts have yielded significant results. To date, we have secured over 200 bookings, and the initial feedback from our guests has been predominantly positive.
Our launch Average Daily Rate (ADR) has been approximately $120, aligning with expectations for a property in its launch phase. This milestone reflects the substantial work and risk mitigation accomplished in the past six months.
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