DRPK
The Inn & Townhomes @ Draper Park is a premier mixed-use development in Draper, Utah, combining 10 boutique hotel rooms and 5 luxury townhomes with secure parking and modern amenities. This project offers investors a secured 5-year debt opportunity at 15% APR, supported by strong local demand for hospitality and high-end residential units. Designed by Beecher Walker & Associates, the development is strategically positioned for strong returns through rental income and future sales in one of Utah’s fastest-growing markets.
Overview
1. Project Overview
The Inn & Townhomes @ Draper Park is a thoughtfully designed mixed-use development located in Draper, Utah. This high-demand project will feature:
• 10 boutique hotel rooms with modern amenities and a continental breakfast area.
• 5 luxury townhomes, each with a private two-car garage.
• Dedicated parking, with 27 ground-level stalls.
• Contemporary architecture designed by Beecher Walker & Associates, a leading Utah firm specializing in hospitality and mixed-use projects.
• A total project size of approximately 30,350 sq. ft.
2. Investment Opportunity
We are offering a 5-year debt investment with the following terms:
• 15% Annual Percentage Rate (APR)
• Secured by the development property
• Regular interest payments
• Principal repayment at maturity
This is a compelling opportunity to participate in a high-yield investment secured by tangible real estate assets in a growing market.
3. Location Highlights
Draper, Utah is a thriving city known for:
• Strong economic growth
• Year-round tourism and business travel
• High demand for short-term accommodations
• Attractive demographics for luxury townhomes
The site is strategically located near Pioneer Road, offering excellent visibility and accessibility.
4. Project Details
Program Breakdown:
• Ground Level (Level 0):
o 27 parking stalls (9’ x 18’ each)
o Garage access for townhomes
• Level 1:
o 10 boutique hotel rooms
o Reception and check-in area
o Continental breakfast room
• Levels 2 & 3:
o 5 spacious townhomes (approx. 2,520 sq. ft. each)
Total Area: ~30,350 sq. ft.
Estimated Construction Budget: $6,221,750
5. Design & Construction Team
Architect: Beecher Walker & Associates
Scope of Work:
• Schematic Design
• Development approvals
• Construction documents
• Construction administration
Builder & Pre-construction: To Be Determined
Additional Consultants:
• Civil, Landscape, Structural Engineering
• Interior Design Coordination
6. Market Demand
Boutique Hospitality Trends:
• Increased preference for smaller, design-focused accommodations
• Strong occupancy rates in Draper and the Salt Lake metro area
Townhome Market:
• High absorption rates of new townhomes
• Demand for luxury rentals and ownership options
7. Financial Overview
Debt Offering Highlights:
• Interest Rate: 15% APR
• Term: 5 years
• Use of Proceeds:
o Construction financing
o Site development
o Professional fees
Exit Strategy:
• Sale of townhomes
• Hotel stabilization and refinancing
• Potential asset disposition
Projected Returns:
• Annual interest payments
• Secured principal repayment
• Optional participation in future project equity (subject to separate agreement)
8. Risk Mitigation
• Prime location with strong market fundamentals
• Seasoned development team
• Construction contracts with fixed-fee arrangements
• Conservative underwriting and contingency reserves
9. Next Steps
Join us in delivering a best-in-class hospitality and residential project.
Contact us to receive:
• Detailed pro forma financials
• Construction timeline
• Subscription documents for the debt offering