Equity Investments

Driftwood Acquisitions & Development (DAD) has created the ideal vehicle to deliver high-yielding, institutional quality hotel investment opportunities on a customized basis to small investment groups and high-net-worth individuals seeking to diversify their investment portfolio in the United States.

DAD has the capacity to source and quickly acquire the best institutional hotel opportunities in the United States with its own capital. Once these hotels are acquired and under management, DAD opens each investment opportunity to its investor network.

Investments Characteristics

Investment opportunities start as low as $100,000.

Hotels must be in strong markets, or in unique locations with high barriers to entry.

Hotels must be associated with a leading global, top quality brand with a strong reservation system (i.e. Hilton, Marriott).

Hotels must be stable, with solid cash flow and possess operational upside to drive returns.

Hotels must be projected to generate a minimum of a net 15% IRR to investors.

Hotels must be projected to generate average annual dividends exceeding 10% to investors.

The average hold period of each investment is approximately 5 years; however, investors can request to exit their investment early.

Holiday Inn Express Orlando Airport Florida

DAD Purchase Price:
$8.95 million

DAD Renovation Amount:
$2.2 million

Capitalization Rate:
11.2%

Purchase Date:
December 2015

Projected IRR:
16.4%

Projected Average Annual Dividend:
12.3%

Projected Hold Period:
5 years

Springhill Suites Marriott Altamonte Florida

DAD Purchase Price:
$6.75 million

Total Cost per Room:
$87,000

Capitalization Rate:
10.1%

Purchase Date:
December 2015

Projected IRR:
16.4%

Projected Average Annual Dividend:
14.3%

Projected Hold Period:
5 years

Hilton Cocoa Beach Florida

DAD Purchase Price:
$52.385 million

Capitalization Rate:
10%

Total Cost Per Key:
$188,000

Full Service Hotel Average Development Cost:
$334,900

Purchase Date:
May 2016

Projected XIRR:
22.7%

Projected Average Annual Dividend:
16%

International Palms Cocoa Beach

DAD Purchase Price:
$25 million

Total Cost per Room:
$52,000

Capitalization Rate:
16.1 %

Purchase Date:
October 2016

Projected IRR:
27.5%

Projected Average Annual Dividend:
24.6%

Projected Hold Period:
10 years

Hilton Saratoga Springs

DAD Purchase Price:
$27.5 million

Original Listing Price by Brokerage Firm:
$36 million

Capitalization Rate:
13%

Purchase Date:
February 2016

Projected XIRR:
16.1%

Projected Average Annual Dividend:
12.5%

Projected Hold Period:
5 years

Sheraton Salt Lake City

DAD Purchase Price:
$49.17 million

Total Cost per Room:
$135,800

Capitalization Rate:
9.6%

Purchase Date:
August 2016

Projected IRR:
15.3%

Projected Average Annual Dividend:
13.4%

Projected Hold Period:
5 years

Hilton Durham

Total Investment Basis:
$25,962,450

Rooms:
200

Investment Per Room:
$133,136

Going in Cap Rate:
8.7%

IRR:
16.1%

Average Annual Cash-on-Cash Return:
10.5%

Hampton Inn Daytona Beach

Total Investment Basis:
$17,550,000

Rooms:
91

Investment Per Room:
$192,857

Going in Cap Rate:
4%

IRR:
4%

Average Annual Cash-on-Cash Return:
0%

Double Tree St. Augustine

Total Investment Basis:
$20,811,200

Rooms:
97

Investment Per Room:
$214,548

Going in Cap Rate:
6%

IRR:
2%

Average Annual Cash-on-Cash Return:
13.4%

Marriott Park City

Total Investment Basis:
$34,150,000

Rooms:
199

Investment Per Room:
$171,608

Going in Cap Rate:
5%

IRR:
2%

Average Annual Cash-on-Cash Return:
0%

Tan Tar A Conversion to a Margaritaville

Total Investment Basis:
$45,350,000

Rooms:
492

Investment Per Room:
$92,175

Going in Cap Rate:
8%

IRR:
0%

Average Annual Cash-on-Cash Return:
9%

Holiday Inn Express Orlando Airport Florida

DAD Purchase Price:
US$8.95 million

DAD Renovation Amount:
US$2.2 million

Capitalization Rate:
11.2%

Purchase Date:
December 2015

Projected IRR:
16.4%

PProjected Average Annual Dividend:
12.3%

Projected Hold Period:
5 years

Springhill Suites Marriott Altamonte Florida

DAD Purchase Price:
US$6.75 million

Total Cost per Room:
US$87,000

Capitalization Rate:
10.1%

Purchase Date:
December 2015

Projected IRR:
16.4%

Projected Average Annual Dividend:
14.3%

Projected Hold Period:
5 years

Hilton Cocoa Beach Florida

DAD Purchase Price:
US$52.385 million

Capitalization Rate:
10%

Total Cost Per Key:
US$188,000

Full Service Hotel Average Development Cost:
US$334,900

Purchase Date:
May 2016

Projected XIRR:
22.7%

Projected Average Annual Dividend:
16%

International Palms Cocoa Beach

DAD Purchase Price:
US$25 million

Total Cost per Room:
US$52,000

Capitalization Rate:
16.1 %

Purchase Date:
October 2016

Projected IRR:
27.5%

Projected Average Annual Dividend:
24.6%

Projected Hold Period:
10 years

Hilton Saratoga Springs

DAD Purchase Price:
US$27.5 million

Original Listing Price by Brokerage Firm:
US$36 million

Capitalization Rate:
13%

Purchase Date:
February 2016

Projected XIRR:
16.1%

Projected Average Annual Dividend:
12.5%

Projected Hold Period:
5 years

Sheraton Salt Lake City

DAD Purchase Price:
US$49.17 million

Total Cost per Room:
US$135,800

Capitalization Rate:
9.6%

Purchase Date:
August 2016

Projected IRR:
15.3%

Projected Average Annual Dividend:
13.4%

Projected Hold Period:
5 years

Hilton Durham

DAD Purchase Price:
US$49.17 million

Total Cost per Room:
US$135,800

Capitalization Rate:
9.6%

Purchase Date:
August 2016

Projected IRR:
15.3%

Projected Average Annual Dividend:
13.4%

Projected Hold Period:
5 years

Hampton Inn Daytona Beach

DAD Purchase Price:
US$49.17 million

Total Cost per Room:
US$135,800

Capitalization Rate:
9.6%

Purchase Date:
August 2016

Projected IRR:
15.3%

Projected Average Annual Dividend:
13.4%

Projected Hold Period:
5 years

Double Tree St. Augustine

DAD Purchase Price:
US$49.17 million

Total Cost per Room:
US$135,800

Capitalization Rate:
9.6%

Purchase Date:
August 2016

Projected IRR:
15.3%

Projected Average Annual Dividend:
13.4%

Projected Hold Period:
5 years

Marriott Park City

DAD Purchase Price:
US$49.17 million

Total Cost per Room:
US$135,800

Capitalization Rate:
9.6%

Purchase Date:
August 2016

Projected IRR:
15.3%

Projected Average Annual Dividend:
13.4%

Projected Hold Period:
5 years

Tan Tar A Conversion to Margaritaville

DAD Purchase Price:
US$49.17 million

Total Cost per Room:
US$135,800

Capitalization Rate:
9.6%

Purchase Date:
August 2016

Projected IRR:
15.3%

Projected Average Annual Dividend:
13.4%

Projected Hold Period:
5 years

Tel: (305) 500.9998
Fax: (305) 500.9997
info@dadlp.com
255 Alhambra Circle
Suite 760
Coral Gables, FL 33134

© 2018 Driftwood Acquisitions and Development, LP