This Offering Is For 50% Ownership Of Sieger, Llc. Sieger Llcs Sole Asset Is The 48 Room Hotel, Known As Hotel Red, Located At 1501 Monroe St, Including All Rights To Leases For Parking On Neighboring Lands. The Purchase Price Shall Be Defined As 1,500,000 Initial Acquisition Price And $500,000 Interest Reserve Held As Available Funds For Sieger Llc At An Interest Rate To Be Determined. The Completed Project Appraised For 9,800,000 In Sept Of 2008.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
