Truax Development
Telephone: (951) 693-2008 - E-mail: info@truaxdevelopment.com



Investment opportunities are now closed


Truax Development is pleased to present “The Boutique Hotel Project” located in Old Town Temecula. This “Turn of the Century Design” building with state-of-the-art technology spans five floors and includes a four-star hotel, banquet facilities, conference accommodations, health club, and luxury spa services along with boutiques shops and dining options. Accommodations include 151 sleeping rooms divided into 108 standard sleeping rooms, 21 deluxe sleeping rooms, 16 premium sleeping rooms, three luxury sleeping rooms, and three penthouses for a total area of 69,516 square feet. The Property plans also include multiple meeting rooms, banquet facilities and other hotel amenities commonly found in a four-star, luxury boutique hotel. Accompanying the hotel is a 201-stall, valet parking garage.

The project features architectural elements such as paseo walkways, a grand staircase, water features, roof-top pool and outdoor spaces.

Raising $16,000,000


Investment opportunities are now closed
Specifications

Four Star Luxury hotel

  • 189,319 Sq. Ft.
  • Five Stories
  • Retail & Dining
  • Banquet & Conference Facilities
  • Luxury Spa Services & Health Club
  • $80 Million Dollar Construction Project
Offering Detail

Project Size:
$80,000,000
 
Offering Size:
$16,000,000
 
Offering Type:
Debt
 
Estimated Term:
60 months with
a 1 year optional
extension

APR:
9 - 9.5%