Lincoln Hotel Expansion
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $275,000
Cash invested: $200,000
We purchased the property next to The Lincoln Hotel and expanded the business.
What made you interested in investing in this type of deal?
We were looking at growing our business in another town, but when the property next door became available, we decided to invest further in Marfa and in The Lincoln.
How did you finance this deal?
Pulled equity from the hotel.