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 King room will earn $10,448 of net income per year. This is 18.8% net yearly return on investment, after all deductions for expenses and taxes.
Purchase Options
Payment Options
FULL PAYMENT
3% discount for payment in full if you buy 10 or more shares of a King room AND pay the entire purchase price within 7 days of the day you sign the purchase agreement.
INSTALLMENTS
If you buy 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
$381
FEB
46%
14
$55
$787
MAR
70%
22
$84
$1823
APR
72%
22
$86
$1928
MAY
76%
24
$91
$2149
JUN
80%
25
$96
$2381
JUL
90%
28
$108
$3013
AUG
92%
29
$110
$3149
SEP
88%
27
$106
$2881
OCT
70%
22
$84
$1823
NOV
58%
18
$70
$1251
DEC
34%
11
$41
$430
YEAR
67%
250
$81
$21996
SHARE
$1100
EXPENSES (entire room)
Mgmt
Taxes
TOTAL
JAN
$190
$10
$200
FEB
$394
$20
$413
MAR
$911
$46
$957
APR
$964
$48
$1012
MAY
$1074
$54
$1128
JUN
$1190
$60
$1250
JUL
$1507
$75
$1582
AUG
$1574
$79
$1653
SEP
$1440
$72
$1512
OCT
$911
$46
$957
NOV
$626
$31
$657
DEC
$215
$11
$226
YEAR
$10998
$550
$11548
SHARE
$577
Investment
$2775
Yearly Income
$522
Yearly ROI
18.8%
Total projected income of $21996 minus total projected expenses of $11548 equals a total projected net profit of $10448 per year for each King room. This is a total projected net profit of $522 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 per Share
Year 1
$4363
Year 2
$4650
Year 3
$4950
Year 4
$5275
Year 5
$5613
Year 6
$5975
Year 7
$6363
Year 8
$6775
Year 9
$7213
Year 10
$7688
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.