our margins are enhanced
by Our vertically integrated development MODEL
the attraction of ArCOS BEACH is unrivaled ACCESS & appreciation
There are two market factors that support the development of Arcos Beach.
First the convenient access that Arcos Beach enjoys is a colossal advantage which really positions us for significant success. The 30A lifestyle is as unique as the culture that celebrates southern living, the environment and sugar white sands. Second, there is a clear advantage in that astute affluent buyers know first hand the investment value of life on 30A. Their capital gains from investments in Seaside, Alys Beach and Rosemary Beach are evidence that the trends of continued appreciation will continue to yield outstanding value.
They’ll relocate to Arcos Beach because we have the pre-eminent property in Northwest Florida free of the madness and congestion of 30A.
We believe the market value upon completion of the condo’s, luxury hotel and retail space with the anticipated cash flows support an internal plan to construct and own the condominiums, and the luxury hotel. The long range appreciation is also a significant reason to consider building, owning and operating the condo’s and luxury hotel.
THE 72 - 73 RESIDENces
The Residential Component:
The gated residential element in our plan includes 72 to 73 homesites with gross sales of $43,000,000 with $15,000,000 of net profits from the sale of lots. The modest estimations for defining the average median price per lot in the revenue forecast is $600,000.
The Arcos Beach team is committed to construct the residential houses with expectations that doing so creates $20,000,000 of gross profit collectively.
If market demand and the residential design element supports increasing the number of lots, the Arcos team will labor diligently to achieve that. There is expectation that we would gain support from officials for the modification of the current approved development order.
The vertically integrated model applied to the residential component is anticipated to deliver $35,000,000 of net profits upon completion.
Economic Summary
The Residences
Qty 72 to 73 Lots
(1) Revenue Lot Sales: $43M
(2) Net Profits Lot Sales: $6M
(3) Profits Construction: $20M
Pre-Tax Earnings $26.0M
condo & LUXURY hotel
The Condo Component:
The condominium design includes 40,000+/- of prime property with 30 upscale units. We anticipate that will create $2,600,000 rental revenue annually. Upon completion of the 30 condos, the anticipated appraised value of the 40,000 square feet of space is $26,000,000.
Economic Summary
The Condos:
(1) Real Estate Value: $26M
(2) Net Equity Condos: $6M
(3) Annual Cash Value: $2.6M
Est. Capital Cost $20.0M
The Luxury Hotel Component:
The luxury hotel design includes 126 rooms and 40,000+/- of prime property producing long-term revenue and gross profits annually of $3,600,000. Upon completion of the hotel, the anticipated appraised value of the 40,000 square feet of space is $26,000,000.
Economic Summary
The Hotel
(1) Real Estate Value: $26M
(2) Net Equity Hotel: $6M
(3) Annual Cash Value: $3.6M
Est. Capital Cost $20.0M
Economic Summary
The Condos & Luxury Hotel
(1) Real Estate Value: $52M
(2) Net Equity Value: $12M
(3) Annual Cash Value: $6.2M
Pre-Tax Earnings $6.2M
Est. Capital Cost $40M
**The Preliminary Budget Estimates Include Furnishings, Fixtures, etc.**
commercial
The commercial retail space design includes 40,000+/- of prime property that will command $40 per square foot and triple net leasing. Upon completion, the anticipated appraised value of the 40,000 square feet of commercial retail space is $26,000,000.
The commercial retail space is anticipated to deliver gross annual rental revenues of $1,600,000.
Economic Summary
The Commercial Retail:
(1) Real Estate Value: $26M
(2) Net Equity Value: $15M
(3) Annual Cash Value: $1.6M
Est. Capital Cost $9M