The Albemarle Hotel on Vicinity 2021




Security Type

Convertible Note


Fayetteville, North Carolina


Real Estate & Construction

The Albemarle Hotel is raising funds on Vicinity. The company is reclaiming the history of Albemarle and redeveloping The Residences at the Albemarle Hotel. It is a real estate project in the heart of Stanly County and is being led by Jordan Jones, a North Carolina native and real estate developer. The plan is to convert the old hotel layout into 29 for-rent apartments and commercial space. Jordan Jones founded The Albemarle Hotel in December 2017. The current crowdfunding campaign has a minimum target of $350,000 and a maximum target of $1,800,000. The campaign proceeds will be used for demolition, general construction, carpentry, and a rooftop amenity.

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Financials as of: 04/02/2021

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