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
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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%
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