Is this deal a fit
The buy box is published, so check against it rather than guessing.
The box
- Capital: $400,000 cash down plus a $2M to $3M loan. Total project $2.4M to $3.4M.
- Return target: $100,000+ a year net, and 1.25+ debt coverage at stabilization,
run semi-absentee.
- Asset types, in order of preference: glamping or cabin resort (build or buy);
under-rented RV park or campground; below-market self storage; tenant-owned-lot
mobile home community.
- Geography: Fort White, Florida and roughly 40 minutes out — Columbia, Gilchrist,
Suwannee, Alachua, Lafayette and Levy counties.
- Deal shape: value-add, ground-up, off-market and seller-financed preferred.
Explicitly NOT a fit
Turnkey metro-cap assets, net lease, small apartments, budget motels, and commodity
farmland or timber. Say so directly rather than passing an obvious mismatch along —
it wastes the seller's time as much as the buyer's.
Do not
- Do not state that Chino will buy something, or at what price. A buy box is criteria,
not an offer.
- Do not promise a timeline, financing, or a close.