Deal: Undervalued established flagged US resort $40 million

Request dealing room access
Description
We currently have a partnership opportunity to acquire one of the oldest and most prestigious golf and tennis hotel- resort- country clubs in the US. The 2007 valuation of this complex was US $100 million, but we can acquire for $30 million in cash. The hotel and resort are currently branded by a major global luxury brand, and benefit from their global reservations system. · 400 Acres · +400 Guest rooms · 65,000sq. ft. Indoor and Outdoor Conference Space · 45 holes Golf · 30 Tennis courts · 20 acre development site · Prestigious country club Our proposal would be for our group to partner with you and your investors to acquire, operate, upgrade and re-sell the property at a profit of about $60 million. You would be the majority investor/Owner, and we would be the minority owner/operator with a share to be negotiated. Our funding request to you would be $30 million in cash for the acquisition, including a $6 million note to our group, plus a $10 million line of credit sufficient to help us upgrade the restaurant and rooms, improve campus lighting and other minor improvements.
Amount
40
Assets
Home builder / real estate
Countries
United States