King Rooms For SalE In Seaside Park Hotel
Buy a share, multiple shares, or an entire King Room
King rooms are designed to sleep up to 3 adults in a king-sized bed and sleeper sofa. We are projecting each share will earn $1027 of net income per year. This is 14.3% net yearly return on investment, after all deductions for expenses and taxes.
Purchase Options
ENTIRE ROOM
PRICE: $71,750
Buy an entire King room and keep all the rental income for yourself. Enjoy 30 days of free vacation stays every year.
SHARES
PRICE: $7,175 per share
Buy 10%, 20%, 30% or more of a King room and get your fair share of the rental income. Enjoy 3 free days of vacation stays for every 10% you own.
Payment Options
FULL PAYMENT
3% discount for payment in full if you buy 5 or more shares or an entire room AND pay the entire purchase price within 7 days of the day you sign the purchase agreement.
INSTALLMENTS
If you buy 5 or more shares or an entire room, you may finance the purchase with up to 24 monthly installments so long as you make an initial payment of 30% of the purchase price within 7 days of the day you sign the purchase agreement.
ROI Projections
INCOME (entire room)
Occupancy
Days
Rate
Income
JAN
32%
10
$38
$375
FEB
46%
14
$54
$774
MAR
70%
22
$83
$1792
APR
72%
22
$85
$1896
MAY
76%
24
$90
$2113
JUN
80%
25
$94
$2341
JUL
90%
28
$106
$2963
AUG
92%
29
$109
$3096
SEP
88%
27
$104
$2833
OCT
70%
22
$83
$1792
NOV
58%
18
$68
$1231
DEC
34%
11
$40
$423
YEAR
67%
250
$79
$21629
SHARE
$2163
EXPENSES (entire room)
Mgmt
Taxes
TOTAL
JAN
$187
$9
$197
FEB
$387
$19
$406
MAR
$896
$45
$941
APR
$948
$47
$996
MAY
$1056
$53
$1109
JUN
$1171
$59
$1229
JUL
$1481
$74
$1556
AUG
$1548
$77
$1625
SEP
$1416
$71
$1487
OCT
$896
$45
$941
NOV
$615
$31
$646
DEC
$211
$11
$222
YEAR
$10815
$541
$11355
SHARE
$1136
Investment
$7175
Yearly Income
$1027
Yearly ROI
14.3%
Total projected income of $21629 minus total projected expenses of $11355 equals a total projected net profit of $10274 per year for each King room. This is a total projected net profit of $1027 per share each year.
You may have noticed your only expenses are Management Fees and Taxes. This is because we pay 100% of the expenses from our side and you have ZERO out-of-pocket expenses other than taxes. We pay all cleaning costs, supplies, materials, marketing, staff, cleanings, maintenance, repairs, upgrades, and even property insurance from our part of the income.
We split the revenue 50/50 with investors, but you have ZERO burden of operational expenses, maintenance, or upgrades. 50% of the revenue generated from nightly bookings goes to Ruebush Group. The other 50% is divided among the investors in proportion to each of their investments. Ruebush Group takes 100% of the responsibility for all costs associated with marketing, operating, maintaining, upgrading, and even insuring the hotel.
You may have also noticed the taxes you pay seem quite small. This is because another amazing benefit of this investment is that the income tax on rental income is only 5% in the country of Georgia. So, you not only have a very solid and dependable projected yearly return on investment through rental income, but you keep more of your own money due to very low taxes in our country.
Resale Projections
Projected Resale Price Growth
Year 1
$7650
Year 2
$8150
Year 3
$8675
Year 4
$9250
Year 5
$9850
Year 6
$10500
Year 7
$11175
Year 8
$11900
Year 9
$12675
Year 10
$13500
The country of Georgia is a rapidly developing country with a high-growth real estate market. Real estate development has been a leading driver in this emerging market for several years due to double digit growth in tourism numbers each year. Currently Georgia has the lowest real estate values per square meter of any European country. If real estate values rise to a more normal European rate, they will have to more than triple.
From 2013 through today, the average property managed by Ruebush Group has seen the market value rise by nearly 10% per year. Expert opinion is that real estate values in Batumi will continue to rise at a strong pace every year as the country continues to integrate with the EU. The above projected resale price growth is based on growth of 6.5% per year. However, actual experience from 2013 through today has been better.
An excellent benefit of this type of investment is the fact that if you hold your real estate for 3 years or longer, there is ZERO capital gains tax. If you buy one share, many shares, or entire rooms, you can earn dependable income every month, and if you decide to resell the property later, you will pay no capital gains tax on the profits.