1 of 1 investors think this offering is a good opportunity.
Do you think Extended Stay Hotels is a good investment?
YES
NO
Comments
Loading...
Invest in an LP equity investment (~90% of the total equity) for the acquisition of two extended stay hotels: a 73-key property in Macon, GA, and a 92-key property in Columbus, GA. The properties’ purchase prices represent a 13% discount to recent comparable transactions and a 39% discount to replacement cost.
Terms
Min. Investment$15,000
Target Return21%
Property TypeMultifamily
Target Hold Period3 years
Target Cash Yield9.6%
Target Raise$670,000
Close Date–
SUBSCRIBE TO BENZINGA ALT RATINGS
Benzinga is launching an alternative asset rating product. Enter your email above to receive emails on new ratings.
What is the target raise?
Target raise is $670,000
What is the target cash yield?
Target cash yield is 9.6%
What is the minimum investment amount?
Min. investment is $15,000
Similar Offerings
Min. Investment$1,000
Offering Amount462,890
Min. Investment$100
Offering Amount1,235,150
Min. Investment$10,000
Target Return10 - 10%
Min. Investment$25,000
Target Return–
Min. Investment$15,000
Target Return18%
Min. Investment$1,000
Offering Amount374,650
Min. Investment$10,000
Target Return10 - 10%