Estimate Total Investment
Estimate Sale Price
Estimate Sale Costs
Estimate Gross Profit
Total VairtVairtPartner
Estimate Purchase Price $ 1,200,000 $840,000$ 1,200,000
Estimate Rehab cost $ 200,000 $140,000$ 200,000
Estimate Total Investment$ 1,400,000$980,000.00$ 1,400,000
Estimate Sale Price $ 3,000,000 1,500,0001,500,000
Estimate Hold time1.5 Years
Estimate Sale Costs$ 210,000
Estimate Gross Profit$ 1,390,000695,000.00$973,000695,000.00
Estimate Management Fee$ 0
Estimate Net Profit$ 1,390,000695,000.00$973,000.00 695,000.00
Total Partner
Estimate Gross rent per year 120,000.00 $120,000
Estimate Service charges $ 0
Estimate Property Management $ 0
Estimate Property Insurance / Taxes $ 20460
Estimate Net rent $ 99,540.00 $99,540
Hotel in Williamsburg with free breakfast and restaurant Along with a restaurant, this hotel has valet parking and coffee/tea in a common area. Free WiFi in public areas and free self parking are also provided. Other amenities include a business center, laundry facilities, and a 24-hour front desk. All 53 rooms provide free WiFi and free wired Internet, TVs with cable channels, and conveniences like refrigerators and microwaves. Guests will also find coffee makers, free local calls, and desks. Cozy House Inn & Suites offers 53 accommodations with coffee/tea makers and complimentary toiletries. Cable television is provided. Guests can make use of the in-room refrigerators and microwaves. This Williamsburg hotel provides complimentary wired and wireless Internet access. Business-friendly amenities include desks along with free local calls (restrictions may apply). Housekeeping is offered daily and irons/ironing boards can be requested.
Cozy House Inn & Suites is located in Williamsburg. Amana Colonies National Historic Landmark and Amana Colonies are local landmarks, and the area's natural beauty can be seen at Lake Iowa Park and F.W. Kent Park.
For the last five years Atlanta has been among the top five metro areas in the nation for most net migration. Atlanta has the nation’s ninth largest GDP at $602 billion. Metro Atlanta is the ninth largest and one of the fastest-growing U.S. cities. Home to approximately 5.9M people in 2018, metro Atlanta experienced the fourth-largest population increase of all MSAs in the nation - an increase of approximately 663,000 people from 2010 to 2018. Since early 2018, Atlanta’s unemployment rate has remained below the national average. Private sector employment grew by 56,530 jobs in 2019, the highest increase since 2016. Thirty-one percent of Atlanta jobs are office-using, well above the national average (24%). Trade, Transporation & Utilities is the largest sector of the Atlanta economy at 21%, followed by Professional & Business Services (19%), Education & Health Services (13%), Government (12%), Leisure & Hospitality (11%), Financial Services (6%), Manufacturing (6%), Natural Resources, Mining & Construction (5%), Other Services (4%), and Information (3%).
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Certain statements contained in this document constitute forward-looking statements. Such forward-looking statements, including our intended actions and performance objectives, projections, targets, estimates, or forecasts involve known and unknown risks, uncertainties and other important factors, including our ability to successfully develop and operate the Vairt Marketplace, our business model and the services we intend to offer. These factors are based on expectations and assumptions that may change and are subject to regulatory uncertainty, changes in our legal environment and the blockchain and real estate industries generally, which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. All amounts, numbers, ranges, and values presented in this document are subject to material change and should be taken as preliminary and indicative only. Any such amounts, numbers, ranges, and values are based upon preliminary estimates, remain subject to ongoing analysis and may change materially. All forward-looking statements in this document speak only as of the date hereof. We expressly disclaim any obligation to update any forward-looking statement to reflect any change in our expectation or any change in events, conditions, assumptions or circumstances.
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