0%

ROI
OPEN FOR INVESTMENT

53 Rooms Cozy House Inn value added Hotel

1708 North Highland Street, Williamsburg, IA 52361, USA

53 Bedrooms 53 Bathrooms

Offered by Vairt

$ 1,550,000 Total Investment $ 25,000 Minimum Investment

  • Indicative yields calculated based on property price and current and estimated rents. Historical results are not indicative of future returns. Long term returns will vary with market conditions. Please review risk warnings.

    Est. Property Acquisition Cost $ 1,200,000
  • Indicative yields calculated based on property price and current and estimated rents. Historical results are not indicative of future returns. Long term returns will vary with market conditions. Please review risk warnings.

    Est. Property rehabilitation cost $ 350,000

Explore this project

Property Detail

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.

Read More Read Less

Why you should Invest?

IT can provide financial security. You know you can sell the home for more than you bought it if you hold it for a while. Real estate doesn’t depreciate, or usually, it doesn’t. Even though it’s a tangible asset, like a car, it appreciates rather than depreciates. Even if a home loses value, you can always count on it being worth something.

How much can you earn on this investment?

 

Estimate Total Investment

$ 1,550,000
 

Estimate Sale Price

$3,000,000

Estimate Sale Costs

$210,000.00 7%

Estimate Gross Profit

$1,240,000.00
Estimate Return on Investment (Total)

80.00%

Vairt's Share (ROI)

40%

Partners's Share (ROI)

Investment >= 25000: you will got 30% of profit share
Investment >= $50,000: you will got 40% of profit share
Investment >= $100,000 : you will got 50% of profit share

40%

investment Graph

Financials

Sale Breakdown
Total Vairt Vairt Partner
Estimate Purchase Price $ 1,200,000 $840,000 $ 1,200,000
Estimate Rehab cost $ 350,000 $245,000 $ 350,000
Estimate Total Investment $ 1,550,000 $1,085,000.00 $ 1,550,000
Estimate Sale Price $ 3,000,000 1,500,000 1,500,000
Estimate Hold time 1.5 Years
Estimate Sale Costs $ 210,000
Estimate Gross Profit $ 1,240,000 620,000.00 $868,000 620,000.00
Estimate Management Fee $ 0
Estimate Net Profit $ 1,240,000 620,000.00 $868,000.00 620,000.00
Rental Breakdown
Total Partner
Estimate Gross rent per year 120,000.00 $120,000
Estimate Service charges $ 0
Estimate Cost $ 20460
Estimate Property Management $ 0
Estimate Property Insurance / Taxes $ 20460
Estimate Net rent $ 99,540.00 $99,540
Estimate Net dividend income $ 99,540.00 $49,770.00 $49,770.00
Estimate Net dividend yield 6.42 %* 3.21% 3.21
Only 2 decimal places shown. Calculation carried on actual numbers. Some rounding discrepancies may appear.

Property key info

Min investment amount
$25,000
Number of investors
(1)
Suggested holding period
1.5 Years
Estimate Sale Price
$3,000,000

Rental yields

Total Investment
$1,550,000
Estimate Property Acquisition Cost
$1,200,000
Estimate Property rehabilitation cost
$350,000
Frequency
Monthly

Confidential property Documents

Amenities View All

  • Dishwasher
  • Fireplace
  • Washer/dryer
  • Carpets
  • Public Park
  • Storage
  • Laundry Room
  • Electric
  • Freezer
  • Partially finished
  • Family room
  • Master bath
  • Attic
  • Ceiling fans
  • Double pane/storm windows
  • Skylights
  • City
  • Built-up
  • Off-street
  • On-street
  • Balcony/patio
  • Lawn
  • Porch
  • Brick
  • Cement / Concrete
  • Contemporary
  • Near transportation
  • Sports court

Location on Map

Brokerage & Construction partner

Construction Partners

  • Coscob LLC

Property Management Partner

  • Marifah Inn

Close

Need our help?

Only use this form if you're unable to complete this security check using another option it can take several days to get back into your account if you need our help.

Next

Vairt Login

Close