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Home2 Suites - Ramsey,MN
<br /> 4 Story, Wood Frame, Indoor Pool Number of Suite!
<br /> 98
<br /> Land $434,511.00 $4,433.79
<br /> Site Improvements (Curb cuts, utilities, earthworm, $839,500.00 $8,566.33
<br /> Construction $12,453,548.00 $127,077.02
<br /> Furniture, Fixtures, &Equipment/IT/Telecom/0 $2,187,360.00 $22,320.00
<br /> Intangibles $2,769,962.89 $28,264.93
<br /> Total $18,684,881.89 $190,662.06
<br /> Break even RevPAR, Stabilized FY3 1.035 $87.70
<br /> Debt service and Operating Expenses, Stabilized FY3 $3,040,130.23
<br /> I
<br /> A/E $ 417,971.02 $ 4,265.01
<br /> Civil $ 50,370.00 $ 513.98
<br /> Developer Fee $ 373,697.64 $ 3,813.24
<br /> Impact Fees & Gov't Fees $ 88,200.00 $ 900.00
<br /> Affiliation Fee $ 37,500.00 $ 382.65
<br /> Loan Fees and Interest $ 536,209.40 $ 5,471.52
<br /> Pre--Opening, Start--up Overhead, Debt Service Re. $ 340,000.00 $ 3,469.39
<br /> Miscellaneous OS&E (Pre opening) $ 196,000.00 $ 2,000.00
<br /> Contingency $ 730,014.84 $ 7,449.13
<br /> $ 2,769,962.89 $ 28,264.93
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