Dear Sir.
How are you
I am intrested to Buy the Muir Lodge, pls explain as
requested below thank you .
I Refer to your advert on the gmail about the sale of Muir
Lodge for sale (4sale) wel,l i am intrested to buy, your price
is $1.95 million dollars and can pay $500000 as you said over
the details of the internet on the web site , well i strill want
to know the crux of the matter in very clean manner step
by step ie. what is the total occoupany and if possibel pls
confirm yearly and monthly what is the income coming
from the Muir lodge monthly/ yearly/ How many people
working ( the staff exactly pls confirm)
How are the weather condition in the area
Total how many living buildings are there in the Muir lodge
How many rooms are there all togeather in each bldgs
Are all the rooms have connected bathrooms pls confirms.
and condition of the the over all lodge.
Is it compleately freehold land and total
what is the over all land area( for Muir Lodge) how many
acres pls confirm. How is the over all condition of the lodge
( qwality of work in the lodge and rooms living area for the
travellers ) , does it requires lots of expenses for repairs
pls confirm. conveincing what is cost of the taking the property
the cost of the conviencing the cost of the solicitors etc pls confirm
The mortgage ie financing you could do @ the rateof 4.35%
what about is it possible to get lower rate@ 3.75% or better
pls confirm if possible i am living abroad in india and will be
intrested to buy may be i could pay even
more then 1/2 million dollar may be we have to speak to
each other the price as we are more cash buyer so i am talking
more cash and may be very less finacing. which is the nearest
Airport to reach Muir Lodge is it close to San Diego in Usa
pls confirm How many miles or kilometer.
you mentioned there has been lots of bank ruptcies in the
recent times are there
good banks around the Muir Lodge if you can name
( do you have citi Bank or any other banks pls confirm bank is
extreamly important factor , i am banking in London for many
years so it is impotant for me to know about banks
Incase we close the deal it is important for me to live in
Usa so i am to live with my family we dont want any problem
getting comp[lete stay in usa may be you
call it Green card or what ever.
please note i need the reply asap reference 4 sale of Muir lodge
Basically i have asked you some quiestions am sorry in case you
feel bad but its quiet imperative also noe incase there are
important mattters needs to be given pls kindly put forward
on the email incase you wish to speak to me in india usa is
almost 11 to 12 Hours behind it depends the place in usa
( am sure you can call me your time when it is day time in india
as@ now it night 11.19 pm so i shall wait to hear from you Sir
Thank you. your quick response will be higly appreciated.
please note my telephone number
given below with my details warm regards
********************
Mine is with 27 operational rooms plus 44 A/C land.
( I want to keep 5 acres for building my retirement home.)
2. I have owned this motel for 20 years and paid off my mortgages. I have
paid over 1.7millions including interests all 15 years mortgage. 2M is
just my cost and my wife wants out desperately because of our age.
(I am 76 and wife 71)
for 20 years it was the land that attracted me in buying this motel from
the beginning.
4. If you only have 0.5 million cash I would not advice buying this motel.
In today's economy no bank would be able to offer any meaningful
financial assistance. Unless, of course, you have sufficient fund to back
you up for developing a big project. Our neighbour, Bug hostel
owner Douglas has interests and planning to buy but could not find
money and/or financial assistance. He planned to build big Camp
Ground in the middle parts of this property say
Based on KOA estimated 90 camp site requires minimum 10A/C with
constraction estimated 1.35 million 270 camp-site income at$35 per
night X180 days of expected occupancies. (In Yosemite Park, you have
to reserve camp site one to two years ahead of time.)
If you could negotiate with the park and make it YOSEMITE ANNEX
CAMPGROUND IN MIDPINES you could generate annul income
$500,000 to one million only on account of Campground revenue.
sales efforts and just walking-in customers. Right now we only open
15 rooms for business and has left 12 room idle. All room are operable
and I do not want to spend money for renovation.Both of us are senior
and just want to live an easy life hereafter. Not greedy though!
6.How many people working ? Right now just my wife and I plus part time
help from time to time. I used to hire 6~7 part timers during old time.
After paying all taxes we found there nothing left for us to have decent
living. We decided to do it all by ourselves after selling
25 acres land to our neighbour in 2004 and paid off all mortgages.
7.How are the weather condition in the area? Pretty good and since the
elevation here is about 2300 feet above sea level, we see snow once
or twice a year and thaw in day time. It is mountain and chilly and cold in winter.
office building 3nd building with room #6~7, 4th #8~9 5th #12~16,6th
#17~#22, 7th #23~26 and 8th building with Honey moon Suite and tiny
room #10. #11 was original Kitchen room converted to a small room.
1957 building#1 Office, and 7th were added in 1981 I believe.
between highway and property line. Parcel size is about 48.40 acres
and I want to keep 2.5acre on the top view lot.Therefore,you could only
buy 43.75acres. I spent money graded top view lot about
Ordnance once it ecomes commercial resort zoning it can be divided
with minimum 2.5 acre and developing 6 individual commercial lot
for Bed and Breakfast.
11. does it requires lots of expenses for repair? I do a lot of work and Bill
and John come to help from time to time. It is operable and we keep
it clean. Yes it is old but solid wood buildings.
12. We want half million as down payment and balance carrying mortgage
at3.75% with capital+ interests about $7,000 monthly. I told Doug
that 2 years ago that my listing is about 3 million if he were interested
in buying Muir Lodge, I will settle with 2 million because of expressing
our appreciation of his previous helping us pay off the mortgage in 2004.
13. I have new well installed in 2003 w/expense $45,000and have daily
water 12,000 gallon enough even for expansion of Campground.
Because of well located near the creek we have never have water shortage.
14. You can go to link
http://www.yosemitehikes.com/lodging/midpines/muir-lodge.htm
Michael and Mari
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