I’m looking for a financial and credit partner with some cash and excellent credit to enable us to leverage into a $750,000.00 combination land and building acquisition rehab and pre-development loan.
It’s a great site ideally suited for a self-storage facility on underutilized land on a frontage road parallel to a State Highway in a fast-growing market in Nevada.
By combining a cosmetic refresh of the existing restaurant and Bar and adding great tasting food for dine in, takeaway and delivery we can generate potential significant cash flow both during the development process as well as post completion.
We can bring in the larger dollars for construction, lease up and operations and will repay the cash plus x within about 9 to 12 months.
Our exit strategy is to refinance both the food service element as well as the new build out of the Self-Storage Units once stabilized cash flow has come about within 180 days post completion of the Self-Storage Facility six to at a cap rate between 8.00% to 10.0%
Time is of the absolute essence.
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