Norther California Glamping Startup
Investment Info:
Other buy & hold investment.
Purchase price: $500,000
Cash invested: $50,000
Glamping Resort on the Trinity River. 12 Acres , River Front, 5 Unique Glamping Suites, Shared Bathhouse, Communal Kitchen/Laundry. EV Charging . Private River Access, Beach, Swimming, Kayak Launch.
What made you interested in investing in this type of deal?
There is nothing better than coffee overlooking the water and a refreshing swim in the River.
How did you find this deal and how did you negotiate it?
Persistent hustling and getting property owner to sign on the contract.
How did you finance this deal?
Cash+Owner Carry.
How did you add value to the deal?
Sweat Equity, Building out the property myself 3 days a week . Used labor from other contractors when I couldn't figure it out.
What was the outcome?
TBD, I have not listed it yet as I am not finished .