This hotel purchase comprises a 53,734 square-foot, 104-room Ramada Inn located within 20 minutes of the world-class attractions Disney World, Universal Studios, Legoland, and Seaworld. The borrower is a well-equipped experienced hotel operator with a successful track record of transforming underperforming hotel assets into preferred destinations. The borrower came to Rodeo because the SBA lender could not close by year’s end; they will exit the loan with an SBA refinance.
Purchase Loan Highlights:
-20-Day Close
-65% Loan to Purchase
-Experienced Hotel Operator