The Vero Beach Inn & Suites

1/6

This 114-room inn was Pax’s first 100+-room hotel.  Since acquisition in 2013, investors have received distributions every quarter, with cash yields never less than 7.5% and averaging 9.5% overall.  Pax has also returned 80% of original investor equity to investors through refinancing—while investors ownership stakes never decreased.

Vero Beach Inn & Suites, Vero Beach, FL
Total Initial Investment (including capex)
Current Market Value
Gain on Asset Value to Date
Average Annual Cash Yields to Date
Projected Equity Multiple
Projected IRR

Purchased Sept. 2013
$3,950,000 
$7,605,000 
92.5%
12.2%
2.8 - 3.2
17% - 20%