We are excited to announce that Scale My Portfolio is pursuing our next investment opportunity to acquire an existing 130 room Holiday Inn Express in Bradenton, FL. The hotel is located just south of Tampa and was recently fully renovated.
Tampa, FL
#1 Emerging Tech City in the U.S – Forbes
#2 Place to Relocate in the U.S – Redfin
#4 Top Occupancy Market in the US – Berkadia Market Report
Bradenton, FL
#2 Among US Cities for Net Growth – The Bradenton Times
205 to 100 – Bradenton Move In to Move Out Ratio – MoveBuddah.com
Financial Highlights:
- Projected Total Annual Return: 20%
- Projected Hold Time: 5 Years (conservative, may be shorter)
- Projected Equity Multiple: 2x (this means if you invest $100k, you are projected to have $200k at the end of the hold period including your initial investment)
- Annual Preferred Return: 6% (this is paid while the property is being held until your initial capital is returned)
Next Steps:
- Recorded webinar presentation coming soon.
- If you are ready to move forward and commit to investing in this opportunity, please let us know here
- If you are a new investor with us, we highly recommend that you review the New Investor Webinar recording from January 29th, 2022 as well.
Hotel Location Details:
- Near the IMG Academy which is a preparatory boarding school and sports training destination. The academy is setup on 600 acres and is a popular facility amongst athletes of all ages.
- Near two golf courses
- Minutes from the beach
- Near movie theater, shopping and restaurants
Property Details:
- 130 room Holiday Inn Express & Suites
- Fully renovated in 2021
- Amenities include: pool, fitness center, meeting facilities, wi-fi, parking, breakfast.
Funding Sources you can use:
- Cash
- Retirement Funds (IRAs or previous employer 401ks –> can be converted to Self-Directed IRA’s to invest in real estate without tax implications)
Useful links:
- To be notified of future opportunities, join our Investor Club for free – https://www.scalemyportfolio.com/join-us/
- Scale My Portfolio Overview Video: https://youtu.be/cFEyWHEdWVw
- Website – www.ScaleMyPortfolio.com
- New Investor Webinar – https://drive.google.com/file/d/1Xw3eIkChlD_UuPIUJSCdi6Wmpo7t9aFV/view?usp=sharing
- Why Invest in Real Estate – https://youtu.be/PiDaZn3luVs
- FAQ’s: https://www.scalemyportfolio.com/faqs/
- How it works: https://youtu.be/kwk7EecWdcY
- How Investors Benefit: https://www.scalemyportfolio.com/how-do-investors-benefit/
- About us: https://www.scalemyportfolio.com/about-us/
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