Newly Renovated EB-5 Approved Brand Name Hotel

Chicago, IL
Cook County

Asking Price: Annual Revenue:
$27,000,000 $6,150,000

Services: Hotel, Motel, Lodging

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RE: Newly Renovated EB-5 Approved Brand Name Hotel Broker: Ken Stein

Quick Facts

Asking Price: $27,000,000
Annual Revenue: $6,150,000
Net Profit: Not Disclosed
Cash Flow: $2,289,000
Total Debt: Not Disclosed
FF&E: $22,000,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 83994701
Broker Reference #: 14132

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Business Overview:

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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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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