If you own riverfront lodging, a campground, or a storage yard here, Chino would like to hear about it. He wants steady cash flow, not a turnaround project, though he will look at the right fixer too.
Why this market
- World class cave diving at Branford Springs and Little River Springs
- Suwannee River frontage and boat traffic
- Quiet downtown with room to grow lodging and storage
- Within reach of Lake City and Live Oak
What Chino buys here
Riverfront cabins and campgrounds, boat and RV storage, and dive friendly lodging.
Chino has $400,000 to put down and financing lined up for purchases up to about $3.4 million. He keeps deals that pay for themselves and net him a fair living without a full time grind.
How Chino looks at a Branford deal
The first question is always whether the numbers work on what the place earns today, not on a story about what it might earn someday. Chino underwrites a Branford deal on its trailing twelve months, checks that the income covers the loan with room to spare, and looks for one clear lever to improve it, like adding sites, raising under market rents, or filling empty space. If a deal needs everything to go right just to break even, it is not a fit. If it pays for itself from day one and has room to grow, that is the kind of Branford property he wants to own. The financing is already lined up, so once the numbers check out he can move without a long wait.