The Hotel Melrose · Alpine · Verified accredited investors
HOTEL MELROSE
Already operating. Room to grow.
A fully operational 16-key boutique hotel at 337 Colorado Avenue in downtown Grand Junction, renovated in 2023 and operating as a hotel for over two years. Class A Units in the company that owns it are open to verified accredited investors.
Request the Memorandum See the hotel
*Not guaranteed. Additional financing is necessary to operate the hotel and before any distributions. Verified accredited investors only. The Private Placement Memorandum governs; see it for full terms, risks and fees.
The Hotel Melrose, LLC · 734 Main St., Grand Junction, CO 81501 · managed by Fort + Home Capital, LLC
The Hotel Melrose, LLC
- Location
- 337 Colorado Avenue, downtown Grand Junction, Colorado
- Keys
- 16 today
- The building
- One of the area’s twelve original buildings, extensively renovated in 2023
- Operating
- As a hotel for over two years
- Run by
- Fort Asset Management, LLC, an affiliate of the Manager
Terms
Key terms
Two headline terms. The Memorandum has everything else.
These terms summarize the Private Placement Memorandum, which controls if anything here differs. Every term, fee and risk →
The Hotel Melrose, LLC · Rule 506(c)
- What you buy
- Class A Units, membership interests in The Hotel Melrose, LLC
- Minimum
- $45,000
- Preferred return
- 7% a year on unreturned capital. Not guaranteed*
- Who can invest
- Accredited investors who are U.S. persons, verified through VerifyInvestor or another permitted method. Self-certification alone is not accepted
*Not guaranteed. Terms are governed by the offering documents.
How to invest
Three steps to start.
1 · Request the Memorandum
Use the form below. We send the Private Placement Memorandum and follow up within one business day.
2 · Verify accredited status
Through VerifyInvestor or another permitted method, before any subscription is accepted. Self-certification alone is not enough.
3 · Review and sign
Read the Memorandum with your advisors, then sign the Subscription Agreement, which includes a joinder to the Operating Agreement, electronically.
Questions? Email investors@fortandhome.com. How verification works →
Get started
Request the Memorandum
We will send The Hotel Melrose Private Placement Memorandum and follow up within one business day. Requesting it does not create an investment or reserve an allocation.
- An operating 16-key boutique hotel in downtown Grand Junction
- Verified accredited investors only
This page provides information about The Hotel Melrose, LLC under Regulation D, Rule 506(c). It is not an offer to sell or a solicitation of an offer to buy any security. Securities are offered only through the Private Placement Memorandum and related documents, which must be read in full, including the risk factors, and which govern if anything here differs from them.
Class A Units are available only to accredited investors who are U.S. persons. Before accepting a subscription, the Company verifies accredited status through VerifyInvestor or another permitted method. Self-certification alone is not accepted.
*Not guaranteed. The 7% preferred return and the 80/20 split set the order in which cash is shared between investors and the Manager; they are not a promise that cash will be available. The Units are unsecured. The Memorandum states that additional financing of the Company is necessary to operate the property and before any distributions are made, and that there is no assurance the Company can continue as a going concern.
Fort Asset Management, LLC, an affiliate of the Manager, operates the hotel and is paid fees based on guest booking revenue regardless of profitability, and the Manager receives 20% of distributions after the preferred return. These arrangements were not negotiated at arm’s length and are conflicts of interest described in the Memorandum.
**Operating figures are historical, as stated in the Memorandum, and do not guarantee future performance. The hold period is the Manager’s current expectation and may be shorter or longer. The expansion phases are possible future plans; no financing has been committed and no representation is made that either will be completed.
An investor may lose some or all of the capital invested. There is no public market for the Units, transfers are restricted, and the investment should be considered illiquid. Photos and film show The Hotel Melrose.