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WoodSpring Suites hotel concept rendering
WoodSpring Suites
Exclusive Investment Offering
New Development  ·  Branded Extended Stay

WoodSpring Suites
By Choice Hotels

122 Keys  ·  2.54 Acres  ·  11-Year Hold
1665 W. 1200 S.  ·  Marriott-Slaterville, Utah
28.39%
Levered IRR
4.81x
Levered MOIC
$18.3M
Stabilized Value
$4.9M
Initial Equity
Financials

Project highlights

Construction buildoutMarch 2027 – April 2028
Year 1 occupancy to stabilizationMay 2028 – April 2029
Construction building & site cost$14,804,528
Required initial equity (CL)$4,915,282
Construction loan · 8% APR$9,889,246
Stabilized value ($1,556,293 NOI @ 8.5% cap)$18,309,338
Refinance proceeds ($3,534,523 + CFAF $720,845)$4,255,369
Long-term loan amount$13,182,724
Loan terms  72% LTV · 25-yr amortization · 7% APR · 10-yr call · DSCR 1.42x
Projected Returns
Levered · IRR / MOIC
28.39%
4.81x
Unlevered · IRR / MOIC
15.01%
3.09x
Request Details
Investor waterfall — full details available on request.
Request Details

Let's build something extraordinary together.

Submit your interest and we'll share the full investor package — pro forma, waterfall structure, and site plan.
Trent Bright
For Offering Details, Contact
Trent Bright
APEX Commercial Real Estate
(435) 820-6801 [email protected] Schedule a Meeting
Additional Contacts
(385) 217-4005
4020 W Daybreak Pkwy, South Jordan, UT 84009