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Confidential Development Opportunity Coastal Carolina
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- A Premier Gated Waterfront Community -$26,000,000
EXECUTIVE SUMMARY
N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E
CONFIDENTIALITY AND DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap Real Estate Investment Services of Florida, Inc. (“Marcus & Millichap”) and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap. All rights reserved.
ACT ID ZAB025XXXX
NON-ENDORSEMENT NOTICE Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.
CONFIDENTIAL DEVELOPMENT OPPORTUNITY
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PROPERTY DESCRIPTION
3
Leisure Investment Properties Group
PROPERTY OVERVIEW
The Leisure Investment Properties Group of Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a Confidential DevelopmentOpportunity in Coastal Carolina. This Confidential Development is a private gated community located on 60+ acres of scenic wetlands, hardwoodforest, and coastal bluffs. The homes within this community feature a variety of styles, sizes and floor plans allowing residents to make their dreamhome a reality with Caribbean Coastal architecture, covered verandas and loggias, metal roofs, Bahama shutters, and lush landscape. Relaxed livingcomes naturally at this Confidential Development with resort-style amenities designed to improve residents’ overall quality of life. The communityoffers a scenic Waterfront Park, access to the Oceanfront Clubhouse at a nearby beach, and a 5,000 square foot Community Center with Pool, Spa,Fitness Center and more.
Listing Price:
Type of Community:
Total Community Acres:
Capital Invested to Date:
Homes Owned by Current Ownership:
Homes Owned by 3rd
Party:
Total Lots Planned:
Total Lots Sold:
Total Remaining Lots For Sale:
Total Profit Potential:
Estimated Project Length:
$26,000,000
Private Gated Waterfront Community
60+
Over $45 Million
1 Oceanfront Clubhouse1 Community Clubhouse3 Spec Homes
53 Complete & 24 Under Construction
226
77
144
Nearly $38 Million
42 Months
Investment Highlights
Offering Summary
Fully Developed 60+ Acre Private Gated Waterfront Community with Homebuilder On-Site Offering 19 Homes to Choose From
Over $34 Million in Profit Potential from Lot and Home Sales
Additional $2.44 Million in Future Profits Projected from Customized Home Packages
$3.75 Million Private Oceanfront Clubhouse on a Beautiful Beach Located Approximately 5 Miles Away
Luxurious Community Center with a Wide Variety of Leisure Activities
Future Home Sales Revenue Projected to be approximately $90 Million
PROPERTY PARCEL
4
Leisure Investment Properties Group
Exterior Home Design PhotosDEVELOPMENT & HOMEBUILDING
PROPERTY PARCEL
5
Leisure Investment Properties Group
Interior Home Design PhotosDEVELOPMENT & HOMEBUILDING
LIPG Country Club
LEISURE INVESTMENT
ADVISORS
EXECUTIVE SUMMARY
Leisure Investment Properties Group
Confidential Development OpportunityCoastal Carolina
Christopher R. Karamitsos, PGA - Lead AdvisorSenior Investment AdvisorLeisure Investment Properties Group201 North Franklin Street, Suite 1100Tampa, FL 33602Tel: (813) [email protected]. FL SL3103884
Kody TibbettsSenior Financial AnalystHead of Research & AnalysisLeisure Investment Properties Group201 N Franklin Street, Suite 1100Tampa, FL 33602Tel: (813) [email protected]
Steven M. EkovichSenior Managing DirectorLeisure Investment Properties Group201 North Franklin Street, Suite 1100Tampa, FL 33602Tel: (813) [email protected]. NC 165078
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Richard J. RingerSenior Managing Director InvestmentsSenior Director, National Multi Housing [email protected]. CA: 01494512
Lior [email protected]. CA 02063886