Link copied to clipboard.
0

Newly Renovated EB-5 Exemplar Approved Brand Name Hotel for sale in Chicago, IL

Chicago, Illinois
Commercial real-estate
Company Data
Price
$27.0M
37%
Revenue
$6.2M
Top 10%
Profit
$2.3M
12X
Business Overview
About the Company
Attention Immigration Attorneys, International Brokers, EB-5 and Accredited Investors. We represent a rare Real Estate/Business Opportunity for passive investors and ideal for EB-5 clients looking for a pathway to the USA. This fully completed, Top Brand Hotel is EB-5 exemplar approved allowing for immediate investment. The project has all of the approvals in place which meet the EB-5 eligibility and job creation requirements. An overseas family, company or other organization would be approved for up to 15 visas and can capitalize on $7.5 million of EB-5 credit ($500,000 per person) before the increase to $1,350,000 comes along. The US Citizenship Integration Services policies are changing soon with an increase in the amount of investment to $1.35 million per Visa. This fully approved property would allow the investor to move quickly and take advantage of the lower rate. The beautifully-renovated hotel is one of the most luxurious and attractive properties in this wealthy Chicago suburb. A top-rated management company operates the hotel and the new owner or group will see healthy returns on their passive investment. Proforma Revenue in 2020 is conservatively projected at $6,150,000 with earnings $2,289,000. Detailed financials are available for Qualified candidates only. Please ask for listing #14132 when inquiring about this opportunity.
Contact Seller
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Find Profitable Businesses For Sale
Premium listings available exclusively through Openfair. Each represents a strategic opportunity for growth.
;