Mendocino County Ocean Front INN/B&B, Investors Needed (CA).
Southern Mendocino County near Gualala, CA.
Overview:
Medium scale 20 units (10 1,800 sqr/ft structures divided into two 900 sqr/ft units each) perched atop ocean-front bluff property on over 12 wooded Ocean front acres.
This investment is geared primarily to residents of California who would be able to take advantage of vacation accommodation benefits as well as excellent return on investment potential. However being a California resident is not at all a requirement.
Planned Investor packages the following:
** Package #1 ($50,000) **
- Investor use of the property for personal vacations @ no charge. With some limitations to prevent abuse.
- 2% Stake in the business & Equity, which is planned to be transferable, the investor will have the right to sell or transfer ownership to another individual.
- Approximately 10% return on investment built directly into real estate equity during the duration of the business loan (~10 years)
- Approximately 23% return on investment resulting in dividend checks following completion of the business loan. This equates to approximately $10,000/year $810/month
** Package #2 ($100,000) **
- Investor use of the property for personal vacations @ no charge. With some limitations to prevent abuse.
- 5% Stake in the business & Equity, which is planned to be transferable, the investor will have the right to sell or transfer ownership to another individual.
- Approximately 10% return on investment built directly into real estate equity during the duration of the business loan (~10 years)
- Approximately 23% return on investment resulting in dividend checks following completion of the business loan. This equates to approximately $24,000/year $2,000/month
Feel free to contact me for more details
(pictures, detailed questions on business plan, etc)
Thanks,
Tim and Bela
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