Investment Criteria: Primary Strategy
The Company’s primary strategy will be to identify and acquire Projects which provide a value added opportunity for the Company. The Company currently intends to seek Projects that have one or more of the following characteristics:
- Current and projected cash flow in an amount equal to at least a 10% return on the Company’s investment in the Project
- The Project’s location is in an established area
- The Project’s affiliation or anticipated affiliation is with
a strong hotel brand with a national and/or international reservations system
- A favorable location, such as in a high growth area or an area with relatively few competing properties
- Purchase price that is less than the current cost of replacement based on comparable hotel projects
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The Company will evaluate acquisitions on a case-by-case basis and may acquire Projects that do not meet one or more of these criteria.
Company Objectives
The principal objectives of the Company will be to:
- Preserve the capital investment
- Realize income through the operation and sale of the
Projects
- Make monthly distributions from cash
generated by operations which will be passive income and
may be partially sheltered as a result of depreciation and
amortization expenses.
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Please call (214) 295-3585 or email: contact@phoenixamericanhospitality.com
