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IPC Detroit Hospitality

-

Detroit

,

Michigan

Prospective purchasers should carefully read this entire Offering Memorandum to fully understand all of the implications and risks of the Offering of securities to which it relates prior to making an investment. Investors should only consider these investments if they have no need for liquidity and can bear the risk of losing their entire investment.

**There is no assurance that stated objectives will be met. Liquidity events are at sponsor’s discretion.

Sponsor

Inland

Cash Flow:

View Cash Flow

Leverage %:

47.32%

Total Raise

$15,670,319.00

Available

$1,136,299

Total Syndication

$29,747,561.00

Minimum Investment:

$100,000

Projected Hold:

7 - 10 Years

DST Type:

506(b)

Year Built

2017

Occupancy

100%

Summary

Hilton Garden Inn – Downtown Detroit The Hilton Garden Inn Detroit Downtown is a contemporary 10-story, select-service hotel featuring 198 guest rooms and a full suite of amenities. The property is centrally located in the heart of Detroit’s Central Business District, within walking distance of Comerica Park, Ford Field, and Little Caesars Arena. Guests benefit from proximity to Detroit’s Financial District, home to major employers and business travelers, as well as convenient access to public transportation options including the Q-Line streetcar and Detroit People Mover. The hotel underwent significant renovations in 2017 as part of a $4.7 million Property Improvement Plan, which upgraded bathrooms, guest rooms, and common spaces with new carpeting, furniture, lighting, window treatments, and linens. Additional improvements are planned to continue enhancing the guest experience. Operated under the Hilton Garden Inn® flag, the hotel provides guests with access to the Hilton Honors loyalty program, one of the largest hospitality rewards programs in the world. Amenities include modern guest accommodations, dining options, a business center, meeting rooms, and fitness facilities. Detroit is experiencing a resurgence, ranked as one of the top 10 travel destinations in 2023 by Travel Lemming. The city is home to major employers such as General Motors, Ford, and Stellantis, and continues to benefit from large-scale development projects including the Hudson Site, District Detroit, and Michigan Central Station redevelopment. The hotel’s prime location at 351 Gratiot Avenue offers easy access to Detroit Metropolitan Wayne County Airport, major interstates, and the city’s thriving downtown district with shopping, dining, entertainment, and cultural attractions.

ASSET CLASS

Hospitality

LOAN-TO-VALUE

47.32%

TOTAL RAISE

$15,670,319.00

AVAILABLE EQUITY

$1,136,299

TOTAL SYNDICATION

$29,747,561.00

MINIMUM INVESTMENT

$100,000

PROJECTED HOLD

7 - 10 Years

YEAR BUILT

2017

OCCUPANCY

100%

LEASE TYPE

LOAN INTEREST RATE

3.39%

LOAN TERMS YRS

Interest Only

1800 West Loop South
Suite 1700
Houston, Texas 77027
PHONE: 713-984-8044
FAX: 713-984-8048
Privacy Policy
Securities offered through World Equity Group, Inc.
‍
Member FINRA / SIPC
‍
425 N Martingale Rd., Suite 1220
Schaumburg, IL 60173
(212) 388-6200    
‍
Exponent is not controlled by or a subsidiary of WEG. Exponent  does not provide tax advice or legal advice. Any discussion of taxes herein is for informational purposes. You should consult with an attorney or accountant concerning any tax and/or legal advice.