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Old 11-09-2007, 08:26 PM
inishowen inishowen is offline
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Join Date: Apr 2005
Posts: 152
Default Re: Potential Real estate deal - comments appreciated

Spex,

Interesting read...deal sure looks solid on cash flow. Management issues might be the problem given the clientele. Are you adverse to Sect 8, seems they'd be the lesser of two evils vs transients, no?

Follow up to the "exit strategy" question.

Any chance of, or value in, subdividing? Thinking along the lines that the parts might be worth more than the whole, and a piece rather than the whole might possibly be more attractive to future buyers.
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