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Motel To Apartment Conversions

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Killeen 132

Actively Raising

Overview

We are thrilled to announce our newest hotel to apartment conversion project; a 132-unit hotel in the rapidly growing city of Killeen, TX. With a population of over 163,000, Killeen has enjoyed rapid growth of more than 88% since 2000. Killeen is quickly becoming a commuter town to North Austin and Waco, being only a one-hour drive away. Killeen’s Fort Hood Military Base employs nearly 60,000, and is set to receive $1.65B in government investment over the next ten years, ensuring sustained growth for the broader Killeen economy. With 132 rooms, this conversion opportunity is not only an advantageous value-add investment, but also a necessary housing alternative for the local community.

Accepted Investors

N/A

Raise Close Date

3/13/2024

Regulation Type

506C

Deal Type

N/A

Asset Location(s)

N/A

Asset Class(es)

Hotel

Multifamily

Details

Target Raise$6M
Close Date3/13/2024
Min Investment$25,000