2 HOTEL PORTFOLIO WITH LARGE DEMAND DRIVER THAT PERFORMED WELL DURING COVID

Holiday Inn Express (HIEX) and Hampton Inn in Jacksonville, FL with close proximity to major revenue driver Mayo Clinic. Current owner has bridge loan coming due. Portfolio stats:
[redacted] [redacted]
Occupancy: HIEX: 82.7%/59.12% Hamp 81%/57.35%,
ADR[redacted]HIEX; $[redacted] Hamp: $[redacted]
RevPar: HIEX: $[redacted] Hamp: $[redacted]

Working with large Hospitality PE Firm (name available during convo). I bring half the equity, they bring half, they manage the property. Split carry. 9% Pref with 75%/25% LP/sponsor after hurdle. Projected IRR of 15-17% for investors. Personal contribution of 10% equity (verifiable by bank records). Email me if interested: [redacted]



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