The Hedge Phase I & 2

The Hedge is a two-phase project with three different hotel conversion projects. The Hedge has been ongoing since 2020. 


AUSTIN SUITES HOTEL (PHASE 1)

Type:
Hotel Conversion

Status:
Under construction

Achieved Milestones (2022 Q4):
Completed pool
Applied for final permanent certificate of occupancy
Approved 59 applications converted to leases


RED ROOF INN (PHASE 2)

Type:
Hotel Conversion

Status:
Under construction

Achieved Milestones (2022 Q4):
Construction is officially completed
Passed plumbing, electric, and mechanical inspections
Receiving multifamily zoning by allocating 18 units for affordable housing


ALMA (PHASE 2)

Type:
Hotel Conversion

Status:
Under construction

Achieved Milestones (2022 Q4):
Flooring, cabinets, countertops, fixtures, and appliances installed in all units
Completed laundry room
Exterior egress light fixtures were installed
Finished gym room

  • PROPERTY TYPE:
  • INVESTMENT PROFILE:
  • INVESTMENT CATEGORY:
  • TARGETED INVESTMENT PERIOD:
  • MINIMUM INVESTMENT: Contact us for more info

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agent

Lynn Yuan

Founder, Broker, CCIM

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