I purchased the Obertal Inn in Leavenworth in November of 2010. Leavenworth is an amazing little Bavarian Village in Central Washington and attracts tourists from all over the world. It is situated in a gorgeous valley in the Cascade Mountain Range, about 2 hours east of Seattle. To learn more about how Leavenworth became this Bavarian Jewel, click here
At that time, I was 52 years old and risked our entire life savings on making my dream a reality. Needless to say, I am eternally grateful for my wife allowing me that indulgence. We put everything on the line and if this had not worked out, we would have been in pretty terrifying financial conditions. So, here we are, 15 years later, we have built a thriving small business in the heart of downtown Leavenworth. We have worked tirelessly to improve our hotel and have invested well over $6.4 million in capital upgrades and the acquisition of other properties since purchasing the hotel. We own the lovely Garden Haus, a small one-bedroom cottage in the heart of downtown Leavenworth, with a lovely yard and its own private hot tub. We also own the Wunderbar Building, which has 8 beautifully appointed 2BR, 2BA condos, with the best views of the surrounding mountains. We have added 24 vacation rental properties as well, all, except one, in the downtown core.