Hilton Home2 Suites

Hilton Home2 Suites

Hospitality
Coming Soon
7450 Grand Harbor Parkway
Bradenton, FL 34212

Overview

Planning to open in April 2023, this 112-key Hilton Home2Suites is part of our Florida Hotel Development Fund and is located in Bradenton, FL. The hotel site is 17 miles north of Sarasota and 30 miles south of St. Petersburg.

The Home2 Suites Bradenton is strongly positioned with prime visibility from Interstate 75, the heavily traveled and primary north/south west coast artery of
Florida. The specific hotel location is part of a master planned mixed use development called Marketplace at Heritage Harbour. The Costco anchored project consists of nearly 500,000 square feet of best in class retail, fitness and entertainment, including an abundance of restaurants and a movie theater.

Youth sports is a big room night driver of business and this hotel is close to two key sports facilities. Heritage Harbour Baseball Fields is less than a mile from
the hotel and is a tournament site for USSSA Baseball. Ellenton Ice and Sports Complex is six miles from the hotel and hosts ice hockey and other travelling
sports tournaments.

Target Metrics

Targeted IRR 20%
Targeted Equity Multiple 2.5x
Targeted Investment Period 5 years

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