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Investment Opportunities with Wulfenite Resorts

Wulfenite Resorts and the Wulfenite brand were born very recently by the avid enterpeneur Mr. Wes Hopkins. After building a multi million dollar company in the transportation and logistics space (airRyd.com) - Wes began re-investing his assets into real estate projects that he saw had exponential growth opportunity. So far, Wulfenite has aquired 2 pieces of property in Arizona, and 2 properties in Florida. The overall goal of all Wulfenite properties is to build a distinct luxury brand & resort, with unique features and excellent growth & revenue potential. We are seeking investors who want to join up with us to help complete these builds , while also sharing in the beauty of the properties themselves. You can scroll down to view more financial and specific information on each Wulfenite project below.

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Our Wulfenite Florida Resort Goals

In Mid 2023, Wulfenite Resorts aquired two new townhomes in beautiful Melbourne Beach, Florida. What was realized before aquiring these townhomes, was that the complex itself, is only made up of a total of a total of 5 townhomes. When two of these in the same complex hit the market, we decided to take a chance at aquiring them both. After long drawn out negotiaons, Wulfenite was able to aquire the following units: Unit 5313 Highway A1A, and Unit 5319 Highway A1A - with 5319 being the most desirable unit of all 5 townhomes. You can view each property on Zillow here:

Unit 5319 Highway A1A
Unit 5313 Highway A1A

The first unit we aquired was unit 5319, which we were able to secure at $750k , compared to the initial list price of $899k. The second unit , 5313, we ended up aquiring for $763k, which had an inital list price of $840k. We are working and hoping to aquire the remaining 3 units, and may have an option to aquire a 3rd soon.

The plan for Wulfenite Florida, Financial Outlook, Revenue Projections, Build Cost.


Our goals:

  • 1.) To aquire the remaining 3 units.

  • 2.) To rennovate all townhomes into modern masterpieces, fully furnished out with high end furnishings, outdoor amentites such as hot tubs, larger patios, etc.

  • 3.) Convert the property from residential to commerical, and essentially turn each townhomes into indivdual AirBNB or hotel type units that can be booked on sites like Booking.com, Priceline, etc.

  • 4.) Once all townhomes are aquired, Wulfenite would also own the adjacent and surrounding land that is currently owned by the current HOA assocation - which Wulfenite is now the majority stakeholder of. We have estimated this land to be worth an approximate $1.5 Million, as it is extremely valuable since it is sitting directly on the Ocean Coast. This is yet another bonus of taking over all 5 townhomes, as it essentially makes 2 of the townhomes free in terms of valuations when you consider the potential of owning all 5 since the land we would aquire would be worth nearly the cost of 2 townhomes.

Revenue & Growth Projections

Once we can operate freely, without any HOA interference, we estimate each townhome to be booked approximately 75% of the time, at a projected nightly average nightly rate of $330, which continues to go higher every year, as the area is experiencing a great deal of growth as of late. This represents a potential monthly revenue of approximatley $38,000, and annual revenues of approximatley $456,000. If we decide to build on the adjacent land, we could add potentially two more townhomes, which would increase eventual monthly projected revenues to $54,000 , and annual projected revenues to approximately $638,000.

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Wulfenite Hot Springs Resosrt at Lake Pleasant, Arizona

The Lake Pleasant property , where we plan to build a 10-12 cabin hot springs resort, is located just 2 miles north of beautiful Lake Pleasant, AZ, and just 2 miles north of the world renowned hot springs resort known as "Caste Hot Springs ". The land is actually situated directly on Castle Hot Springs Rd. Aside from being wedged in between two iconic destinations, the site is only 20 minutes outside of the greater Phoenix metro area. Lake Pleasant attracts more then 1 million guests and tourists a year, and there are no hotels or AIRBNB's anywhere near the area. So any type of resort or hotel would have next to no competition for at least the immediate future.

The land itself is home to a naturally flowing spring, that has been gushing water year round for at least the last 100 years. A giant palm tree was planted right where the spring currently sits, long, long ago by some of the first settler's to the area. The tree helped them identify where fresh water was, which was obviously a critical resource in the middle of the Arizona desert.

The scenery surrounding the property is breathtaking. From the Bradshaw Mountains, to the waters of Lake Pleasant, to the wildlife that often traverses the surrounding landscape, the area is one that will leave you with a feeling of calmness, peace, and serenity.

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Revenue outlooks and financial considerations

The potential revenue for this hot springs resort is truly massive. To get an idea how well this resort could do, you only need to look 2 miles up the road, at the historic "Castle Hot Springs Resort" - a place that is essentially reserved for the super rich, and Hollywood celebrities. If you stay in the area long enough, you will see their helicopter flying guests in and out of the resort. The nightly rates at Castle Hot Springs are an eye popping $1,600 per night. And , the place is typically booked solid year round !! So , if Wulfenite Hot Springs can even do a fraction of what Castle Hot Springs Resort is doing, then we would deem it a monumental success. Our projections are as follows:

  • Total # of modern cabins to be built # 10-12

  • Nighty rate projection per cabin: $385

  • Occupany rate: 75%

  • Monthly Revenue Projections : $87,000

  • Annual Revenue Projections: $1,030,000

Bliss , Serenity, Beauty. Wulfenite Resorts