Invest in a central Texas hotel opportunity with the potential for fast growth and exceptional returns
About Laverne
Laverne Developers is company specializing in the acquisition, planning, and transformation of raw land into profitable real estate developments. They play a pivotal role in the real estate industry, bridging the gap between undeveloped or underutilized land and the creation of residential, commercial, or mixed-use properties.
As a Land developer have a deep understanding of real estate markets, zoning regulations, construction processes, and financing. We work with a team of professionals, including architects, engineers, surveyors, and legal experts, to ensure the successful execution of their projects.
Proposed Property
The City of Lago Vista is a well-known leisure town located on the north shore of Lake Travis in Travis County, Texas.
Lake Travis
Lago Vista is known for its access to Lake Travis, a popular destination for boating, fishing, swimming, and other water activities.
Hiking and Biking Trails
Lago Vista has several hiking and biking trails that offer stunning views of Lake Travis and the surrounding Hill Country.
Golfing
Lago Vista features a municipal golf course open to the public, offering a scenic and enjoyable experience for golf enthusiasts of all skill levels.
The Property Highlights
Hotel Overview
Site Area
7.0 Acres (Approx)
Property Type
Upscale
Zoning
Commercial
Guest Rooms
70 Rooms
(60 hotel rooms + 10 Casita condos)
Building Features
Building Footprint
Main Building: Approximately 16,000 +/- square feet
Restaurant/Event Building: 3,800 +/- square feet
Casitas: 16 units, each 750 square feet (7,500 total)
Number of Floors
4 floors including
Guest rooms
Events center
Lobby
bar, and restaurant
Event & Leisure Facilities
Three event rooms totaling 14,000 square feet
Restaurant patio and rooftop deck (8,000 square feet)
Theater patio adjacent to the pool (2,000 square feet)
Poolside event space: 1,000 +/- square feet
Tranquility & Elegance in Texas Hill Country
Surrounded by breathtaking 360-degree views, you'll find peace in the calm and serenity of nature in the Texas Hill Country.
A haven of tranquility where you can escape the noise and chaos of everyday life. Enjoy personalized wellness and exquisite culinary experiences.
Health Center
Fine Dining
Swimming Pool
Event Centre
Guest Experience & Amenities
69,300
square feet
Total Gross Floor Area
3,800
square feet
Total Gross Floor Area
2,000
square feet
Rooftop Breakfast Space
4,000
square feet
Pool & Theatre Area
220
spaces
Public Surface Parking
CONCEPT PLAN
Lago Vista is known for its access to Lake Travis, a popular destination for
boating, fishing, swimming, and other water activities.
HIGH YIELD INVESTMENT OPPORTUNITY
FINANCIAL SUMMARY
Project Sale Value
Projected
Gross Sale
$31M
*If operated for 10 years with CAP rate 9.0% with an initial investment of $7,105,500
*Projected Year 5 |
Stabilized Operating Income = $2.791M |
Gross Sale = $2.79M/0.09
$17.5M
Cash Proceed After Sale
+
$14M
Cash Flow to Equity
=
$31.5M
Accumulated Cash Flow After 10 Years
ROI
238%
Total ROI
432%
PROJECTED HOTEL VALUE ON PAPER
The current economic value of
the proposed hotel is
$25,157,484
based on
a likely stabilized revenue per annum
$7,400,000
and
a net operating income available
for debt service of
$2,790,000
Join us for the latest news & updates!
Contact
(323) 943-1606
laverneresorts@gmail.com
Follow Us
