Re-purpose fully renovated, historic boutique hotel into 12 luxury assisted living retirement suites, complete with a restaurant, and bar.
Stage
Full Product Ready
Industry
Healthcare Services
Location
Everett, PA, US
Currency
USD
Founded
May 2017
Employees
20
Incorporation Type
LLC
Company Summary
The Union Hotel in Everett, PA., built in 1802, underwent a $ 3.1 M restoration, I have it under contract for $950,000. It is to be re-purposed to become a 12 unit luxury retirement living space, including a restaurant and a bar. projected net income is $284,000 per year on the 12 units alone. (Income from the restaurant and bar not included).