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ROI
OPEN FOR INVESTMENT

97 Rooms Value added hotel in WESTERN SALINA

1846 N 9th St, Salina, KS 67401, USA

97 Bedrooms 97 Bathrooms 57,870 sqft

Offered by Vairt

$ 1,600,000 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 $ 1,250,000
  • 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

The SureStay by Best Western Salina is one of the most intriguing hotels in Salina. Conveniently located off I-70, the hotel is minutes from the heart of Salina, Kansas and a short drive to Salina Municipal Airport (SLN). While here, experience the Rolling Hills Wildlife Adventure Zoo & Museum, Yesteryear Museum, Smoky Hill Museum, and the The Tony's Event Center. Salina is also home to a local antique mall and unique historical shops. Local business such as Schwan's, Tony's Pizza, UPS, Phillips Lighting, Exide Battery, Exline, Advance Auto, Salina Surgical Hospital, Salina Regional Hospital and the Tammy Walker Cancer Center are all within 5 miles of the SureStay by Best Western Salina. Fort Riley is 47 miles east of the hotel and the Army National Guard is located in Salina. Our Personal and Friendly Staff will make you feel so comfortable you think you were at your own home. We look forward to seeing you at the SureStay by Best Western Salina.

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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

$ 1,600,000
 

Estimate Sale Price

$3,600,000

Estimate Sale Costs

$252,000.00 7%

Estimate Gross Profit

$1,748,000.00
Estimate Return on Investment (Total)

109.25%

Vairt's Share (ROI)

54.63%

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

54.63%

investment Graph

Financials

Sale Breakdown
Total Vairt Vairt Partner
Estimate Purchase Price $ 1,250,000 $875,000 $ 1,250,000
Estimate Rehab cost $ 350,000 $245,000 $ 350,000
Estimate Total Investment $ 1,600,000 $1,120,000.00 $ 1,600,000
Estimate Sale Price $ 3,600,000 1,800,000 1,800,000
Estimate Hold time 2.0 Years
Estimate Sale Costs $ 252,000
Estimate Gross Profit $ 1,748,000 874,000.00 $1,223,600 874,000.00
Estimate Management Fee $ 0
Estimate Net Profit $ 1,748,000 874,000.00 $1,223,600.00 874,000.00
Rental Breakdown
Total Partner
Estimate Gross rent per year 165,000.00 $165,000
Estimate Service charges $ 0
Estimate Cost $ 0
Estimate Property Management $ 0
Estimate Property Insurance / Taxes $ 0
Estimate Net rent $ 165,000.00 $165,000
Estimate Net dividend income $ 165,000.00 $82,500.00 $82,500.00
Estimate Net dividend yield 10.31 %* 5.16% 5.16
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
2.0 Years
Estimate Sale Price
$3,600,000

Rental yields

Total Investment
$1,600,000
Estimate Property Acquisition Cost
$1,250,000
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

RealState Broker

  • Coldwell Banker
  • Keller Williams

Construction partner

  • Vairt Constructions

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