April 18, 2024


Comfortable residential structure

UCASU completes 1st proprietary design for its distinctive Shared House-Office environment Local community (SHOC) organization

ATLANTA, Jan. 26, 2021 /PRNewswire/ — UC Asset (OTCQX: UCASU), an Atlanta-centered worldwide real estate financial commitment firm, announced that its subsidiary, SHOC Holdings LLC, has designed a proprietary architect structure for its distinctive Shared Home-Business office Neighborhood (SHOC) homes.

This proprietary architect style brings together the consolation of a household residence with the usefulness of a company hotel meshed with the hello-tech features of a residence business office. The prototype is a 5-bed room property, with each and every bed room made as an person enterprise lodge equipped with point out-of-the-artwork dwelling business capabilities. Each individual area can be rented individually as a traditional lodge area for company vacationers. 

In comparison to typical hotel rooms, SHOC are equipped with property-workplace facilities these as hello-velocity internet, video clip conferencing, quick entry to office equipment these as printers and scanners, and other instruments to empower today’s small business tourists. But it also offers the personalised attraction, which includes residence-style comprehensive-equipped kitchen area, to serve vacationers with a dwelling place of work absent from home.

“This is the very first style of its kind.  We are pleased that our architect has been ready to turn our eyesight into a viable blueprint.” Claims Greg Bankston, CEO of SHOC Holdings LLC, “We’re psyched to start off on our to start with layout, and will continue to create a lot more models to accommodate various a lot and environments.”

SHOC, a wholly-owned investee of UCASU, will get and produce houses under UCASU’s Airbnb-based innovative assets expense technique. The new tactic will concentration on property business know-how for touring gurus. SHOC aims to capitalize on a new industrial pattern, i.e., the change of small business vacationers from common company motels to shared accommodation by using platforms this kind of as Airnbnb and Vrbo.  UCASU’s administration tasks a $60 billion marketplace in the coming yrs for this new development.

“It is a revolution occurring across the board,” shares Larry Wu, founding companion of UC Asset, “Just like standard taxi companies are staying taken in excess of by shared-experience providers like Uber (NYSE: UBER) and Lyft, we consider standard motels will be taken in excess of by technological know-how pushed shared-lodging spaces.”

Shared lodging homes have captivated traders in the past yr, but Wu claims there are no institutional traders who focus in shared accommodation attributes outfitted with residence-business office amenities, which will be just about completely promoted to company tourists.

“Shared accommodations have replaced a truthful share of vocational resorts. But conventional inns who provide business enterprise vacationers have held their ground,” describes Wu. “In advance of COVID-19, typical resorts in central enterprise districts or around airport hubs were performing very very well. We know the occupancy fee of these hotels stayed about 80% even 90% in important metros like Atlanta.”

“COVID-19 has expedited a transition in company get the job done routines resulting in numerous people focusing on household business office areas. Our analysis implies this craze will prompt vacationers to pick out house-workplace fashion shared-accommodations over regular accommodations,” Wu shares.

UCASU has founded a track record of thriving investments into home renovations. Now that UCASU will renovate obtained properties into SHOC properties, this new and progressive financial commitment strategy will not only create value-enhanced new homes, but also produce a team of Airbnb rentals for continual funds cash flow. 

UCASU’s target is to kind a $10 million portfolio of shared dwelling business office qualities in excess of the subsequent 12 months.

About UC Asset:

UC Asset LP is a minimal partnership formed for the objective of investing in actual estate for advancement and redevelopment, concentrating in metropolitan places of Atlanta, GA. For additional data about UC Asset, please check out: www.ucasset.com 


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For Additional Information and facts Get in touch with:

Christal Jordan | Investor Relations Director, UC Asset LP
[email protected] | 678-499-0297

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