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ROI$ 1,600,000 Total Investment $ 25,000 Minimum Investment
Investment opportunity in Colfax, Iowa! This hospitality property offers a convenient highway location just off Interstate 80. The building, which was renovated in 2011, features 24,000 square feet and 2 stories with a total of 63 rooms. The property sits on a 2.75-acre lot and includes interior corridors and a parking ratio of 2.75/1,000 SF. The Colfax Inn offers spacious guest rooms with free WiFi, cable TV with the HBO movie channel, and simple guest rooms with wood furniture and carpeted floors. Microwaves and refrigerators are available upon request. Additionally, the motel includes a business center with fax and photocopying services, as well as on-site laundry facilities for added convenience. Don't miss out on this fantastic investment opportunity!
Read More Read LessInvesting with Vairt provides a unique opportunity to earn passive income while also aligning with your personal values as a Muslim. Vairt's investment platform offers a halal investment opportunity by adhering to Islamic finance principles. With a simple investment process, you can purchase shares in distressed hotel properties starting at $25,000 and earn monthly rental income based on your ownership. Vairt's strategy involves purchasing and renovating properties to generate higher returns than the industry average, making it a secure and profitable way to diversify your investment portfolio. Additionally, Vairt offers a buyback guarantee for easy withdrawal and ensures that our entire system is free from interest and compliant with Shariah law. Overall, investing with Vairt provides a secure, halal, and profitable way to achieve your financial goals and prepare for retirement.
Estimate Total Investment
Estimate Sale Price
Estimate Sale Costs
Estimate Gross Profit
Total | Vairt | Partner | |
---|---|---|---|
Estimate Purchase Price | $ 1,250,000 | $ 1,250,000 | |
Estimate Rehab cost | $ 350,000 | $ 350,000 | |
Estimate Total Investment | $ 1,600,000 | $ 1,600,000 | |
Estimate Sale Price | $ 3,100,000 | 1,550,000 | 1,550,000 |
Estimate Hold time | 5.0 Years | ||
Estimate Sale Costs | $ 217,000 | ||
Estimate Gross Profit | $ 1,283,000 | 641,500.00 | 641,500.00 |
Estimate Management Fee | $ 0 | ||
Estimate Net Profit | $ 1,283,000 | 641,500.00 | 641,500.00 |