Melanie Bodnar
Oak Hill, WV (USA)
Role(s):
Manor House of 1891
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Startup
Location:
Oak Hill
Industry:
Real Estate
Year Founded:
2008
Number Employees:
INVALID
Description:
this is a beautiful 1891 victorian home with 7 bedrooms and 4 baths. I have managed resort properties for the past 19 years and know that it will generate revenue from $53,000.00 to $70,000.00. I simply need an additional $25,000.00 to finish the remodeling and get it open. I have just ordered the brochures and this house in located in a historic town where white water rafting is a big lodging need and will work perfectly. It has been a rental commercial property since 1934 when it became a boarding house. I would need only short term funding, approximately 1 year so I do not mind paying a 10-20% interest rate - just need to get started. I will not rely on the property for income, have my own income. I know what the property will do in equity and cash flow in the next 5 years and it