Urbana Varro Opportunity Fund II, LLC ("UVOF II")
Capital Return Multiple of 2.00x *
Realized Rate of Return of 21.4% *
EQUITY RAISED:
ASSETS ACQUIRED:
TOTAL KEYS:
ACQUISITION PRICE:
SALE PRICE:
$15,000,000
24
412
$51,000,000
$76,000,000
UVOF II follows suit with an equally impressive track record:
Experience the remarkable achievements of UVOF II, delivering a Capital Return Multiple of 2.00x(*) and an Internal Rate of Return of 21.4%(*). This exceptional performance once again outperforms publicly traded lodging REITs, which saw a decline of 3.2% annually from 2014 to 2022. And in comparison to the modest average annual increase of 4.4% among all publicly traded REITs during that timeframe, UVOF II shines brilliantly. It's important to note that UVOF II's accomplishments surpass the average yield on 5-year Treasury Bonds, which reached just 1.5% from 2011 to 2022.
(*) Results are proforma in that they incorporate the more favorable investor terms as reflected in the Private Placement Memorandum of the Urbana Varro Opportunity Fund III, LLC.
Institutional exit to private REIT
Urbana acquired the Sheraton Arlington at a significant discount to replacement cost and implemented a $5.6M renovation, increasing RevPAR by 31%. The asset was successfully exited to an institutional REIT buyer in Q4 2023.
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Purchase Price: $105,000/key
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Exit Price: $170,000/key
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IRR: 24.6%
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Equity Multiple: 1.95x
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Hold Period: 36 months