E M C D e v e l o p m e n t G r o u p, L L C
Tapping Into Today's Energy Markets And Building For Tomorrow's Future
Hotels in west North Dakota are great projects for those who prefers long term cash flow. Having said that, EMC is able to structure exit strategies where preferred. Briefly, a hotel project entails the following:
Hotel Construction Costs
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Land - $2M to $3M
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Construction - $6M to $9M
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FF&E - $1M to $2M
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Soft Costs - $1M to $2M
Total Costs - $10M - $15M per hotel
Anticipated cash flow per hotel: Anticipated 12-15% unleveraged
The actual cost of the hotel is dependent on the land cost as well as the choice of hotel brand names.
EMC will discuss with Venture Partners to determine objectives and budget before selecting the Hotel Brand that will yield the best returns for the location*
Diverse hotel types to cater to different market segment
Samples of the Interior of Hotels
Turnkey Hotel Projects
Limited Service - Extended Stay
*Disclaimer: All financial ventures carry with it inherent risks. All the returns indicated above are anticipated returns and actual returns may vary greatly from those indicated. Users of the information contained in this brochure agree that they are doing so at their own risks, and any decision made is done after they are satisfied with their personal due diligence and is independent of the information herein contained. EMC Development Group LLC reserves the rights to change any part of the information contained herein without any advance notice and all terms and conditions of the investment are as per contained in the signed agreement between the developer and the client/partner.
Process
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EMC will Source for best location for Design and Build Projects.
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EMC will Manage development and Operate completed properties.
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EMC will generate regular Progress Reports to JV Partner.
NOTE:
As with the Residential and Commercial development, the land for the projects will only be acquired after detailed discussion with the incumbent partner. No projects will start until consensus from all partners involved are obtained.