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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.
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