Performance is judged by the final results. RRC has an impressive stable of successes that demonstrates our ability to deliver projects successfully to completion and realize the desired return on investment.
Below is a compilation of our portfolio:
Project Name: Holiday Inn and Suites
5001 West Wiley Post Way, Salt Lake City, UT 84116
Description: BRAND NEW Holiday Inn & Suites and Convention Center, Airport-West on I-80, is just west of the Salt Lake City International Airport and many other attractions.
Project Name: Staybridge Suites Hotel West Valley City
3038 S Decker Lake Drive, West Valley City, UT 84119
Description: The brand new Staybridge Suites Hotel West Valley City is conveniently located off of I-215 the Decker Lake Business Park. It is designed to meet the needs of the extended stay traveler, providing a sense of privacy, luxury and comfort.
The hotel offers a variety of options, including an oversized fitness center, Grins & Fins Indoor Water Park featuring three pools, a 165-foot water slide, as well as a barbecue pavilion and Sport Court. The brand new Staybridge Suites West Valley City is located adjacent to Franklin Covey and Clear Channel and is a very short walk from the TRAX light rail station which provides light rail access to downtown Salt Lake City.
Project Name: 111 Main Street
111 Main St, Unit 1-A and 1-B, Frisco CO, 80443
Year Built: 1997
Size: 2,250 Square Feet
Number of Units: 3 Land Area 0.33 Acres
Occupancy at Sale: 100%
Description: This project is a multi-tenant, prime retail/office building sits on Main Street in Frisco, Colorado. Since the project was completed in 2007, it has maintained a 100% occupancy rate.
Project Name: Teller Crossing Luxury Townhomes
307 Teller St., Frisco, CO 80443
Use: Multi-family Luxury Townhomes
Year Built: 2006 Size: 12,000 Square Feet
Number of Units: 4 Land Area: 0.33 Acres
Occupancy at Sale: 0% Raw Land
Description: This luxury townhome project is situated in the heart of Frisco, Colorado. This was accomplished with an annual IRR of 50.46% over 2 years. The Frisco, Colorado townhome market was selling at $300/sq ft and higher. The goal was to maximize the return on investment in this positive residential marketplace.
Project: Frisco Industrial Park
319 E Third Ave, Frisco, CO 80443
Year Built: 1971
Size: 8,425 Square Feet
Number of Units: 7
Land Area: 0.33 Acres
Occupancy at Sale: 73%
Description: This rare industrial property is located in Summit County, Colorado. It was headed towards foreclosure when our team took ownership. We worked closely with the banks and developed a plan to maximize the properties potential. Since our ownership, the property has increased 50% in value since it was purchased in 2007.