FHPOfferingMemorandum

FLORIDA HOSPITALITY PORTFOLIO
ORLANDO, NAPLES AND ORMOND BEACH, FL
WWW.ORLANDORESORTSALE.COM
Confidential Information Memorandum
Realty Masters Advisors, LLC
1015 N. Powerline Road
Fort Lauderdale, FL 33311
390 N. Orange Ave., Suite 2300
Orlando, FL 32801
Primary Contact
Todd Refling
Phone: 407-697-5903
[email protected]
Licensed Real Estate Brokers
Limitations and Disclaimers
This report is considered to be Confidential Information concerning SCO Liquidating
Trust (the “Trustee”) as of April 2012. Use of this report is limited to the party that has
executed a Confidentiality Agreement. This document has been directly delivered by
Realty Masters Advisors, LLC (“Realty Masters” or “Broker”) or the Lender to interested
parties for their sole use in evaluating a transaction with the Lender. Use of this
information for other purposes or distribution (all or in part) of this information to other
parties is prohibited without the prior written consent of Realty Masters2 and the Lender.
This Confidential Information is not to be disclosed, directly or indirectly, to any third
party, except the following persons as necessary to assist you in evaluating any proposed
transaction: (a) your employees, officers and directors; (b) your agents and
representatives, including attorneys, accountants, financial advisors and other
professional advisors and consultants who need to know such information for the purpose
of evaluating such possible transaction and (c) applicable regulatory agencies having
jurisdiction over you ((a), (b), and (c) individually, a “Permitted Party” and collectively,
the “Permitted Parties”). Provided, however, that before providing the Confidential
Information to any Permitted Party, you shall inform such Permitted Party of the
confidential nature of this information.
No representation or warranty, express or implied, is made as to the accuracy of the
information set forth herein. Any party seeking to enter into a transaction with the
Lender is responsible for completing appropriate due diligence as they shall determine.
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Table of Contents:
Proposal Guidance .............................................................................................................4
Investment Background ....................................................................................................5
Portfolio Overview .............................................................................................................5
1400 Building
Investment Highlights & Property Information ..................................................................... 6
Maps, Aerials, Photos ............................................................................................................ 7-9
4410 Timeshare Intervals
Charter Club Naples Investment Highlights & Property Information ............................. 110
Charter Club Naples Maps, Aerials, Photos .................................................................... 11-13
The Cove Resort Investment Highlights & Property Information ...................................... 14
The Cove Resort Maps, Aerials, Photos ........................................................................... 15-17
Liki Tiki I & II Investment Highlights & Property Information ........................................ 18
Like Tiki I & II Maps, Aerials, Photos............................................................................. 19-21
Contact Information ........................................................................................................22
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Proposal Guidance
The Trustee has engaged Realty Masters Advisors, LLC (“Realty Masters”) to serve as
the exclusive real estate broker to market and receive offers on the property. All offers
should be made subject to the Limitations and Disclaimers, as well as, but not limited to,
consideration of the following assumptions:

All sales are “As-Is”. Buyers are strongly encouraged to complete their own due
diligence related to but not limited to, the value, condition and status of the asset.

Realty Masters and the Company make no representation as to the description,
condition, or suitability of the property.

The property described in this document may not be available for sale due to the
Company’s negotiations with buyers. Neither the Company nor Realty Masters
are required to update this document to reflect such changes.

The Trustee will deliver free and clear title to the property.
All Inquiries and offers should be submitted to the listing broker:
Primary Contact
Todd Refling
P: 407-697-5903
E: [email protected]
Don Ginsburg
P: 954-862-7534
E: [email protected]
Realty Masters Advisors, LLC
Ft. Lauderdale Office
Orlando Office
1015 N. Powerline Road
Fort Lauderdale, FL 33311
390 N. Orange Ave., Suite 2300
Orlando, FL 32801
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Investment Background

Exceptional Investment Opportunity to acquire three separate assets located
throughout the state of Florida

The properties include a 30 unit hotel/condo building located inside an established
Disney area resort, a 16,075 SF operating office/sales building, and 4,410 resort
timeshare intervals located in Orlando, Naples and Ormond Beach.

These three separate assets are available individually or collectively; therefore,
offers can be made on any portion or all of the assets.
Portfolio Overview
1400 Building- The “1400 Building” is a 30-unit condo/hotel/timeshare located within
the Liki Tiki Village Resort. This operating resort includes a clubhouse, lobby and
reception area, two lighted tennis courts, a basketball court, children’s playground, two
heated swimming pools, two Jacuzzis, a wading pool, pool house building, water park
recreational facility, various fountains and a bar/eatery. All FF&E are included and all
units are turnkey. Multiple acquisition scenarios exist including operating the asset as a
hotel, condo, resort, timeshare, or extended stay property
Sales Center- Known as the Club Navigo Reception Center, this 16,075 SF, block and
stucco office building was built in 2009 and is completely built out and operating as a
resort sales center. It is located on over two acres of land and has a large parking lot with
46 parking spaces.
4,409.5 Timeshare Intervals- located within three timeshare resorts:

Charter Club Naples (303) – This 33-unit resort offers two bedroom, two bath
condos with all the comforts of home. Within walking distance of Charter Club
Resort are amazing shopping opportunities at Fifth Avenue South.

Plantation Cove Resort (370.5) - Directly on the beach, this oceanfront property
provides 112 luxurious one and two-bedroom furnished condos with fully
equipped kitchens.

Liki Tiki I (421) - Just minutes from the Walt Disney World Resort, Liki Tiki
Village boasts spacious two-bedroom townhomes and one-, two-, and threebedroom high-rise condominium accommodations.

Liki Tiki II (3,315) - The 64-acre gated resort features both two-bedroom/twobath townhouse villas and spacious one- two- and three-bedroom villas all with
living room, dining area, full kitchens and washer/dryers.
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1400 Building
Investment Highlights

Located within the Liki Tiki Village Resort only minutes from the Disney Resorts

This operating resort includes a clubhouse, lobby and reception area, two lighted
tennis courts, a basketball court, children’s playground, two heated swimming
pools, two Jacuzzis, a wading pool, pool house building, water park recreational
facility, various fountains and a bar/eatery

Operating as a hotel and is 100% turnkey units and includes full FF&E

Multiple acquisition scenarios exist including operating the asset as a hotel,
condo, resort, timeshare, or extended stay property

The resort contains a total of 30 units which would result in 1,560 timeshare
interests based on a 52 week timeshare interest regime, if operated as a timeshare
Property Information

Location: located at 17777 Bali Boulevard, Kissimmee, Florida, directly off U.S.
Highway 192. The 1400 Building is located within the Liki Tiki Village Project.
The 1400 Property is on the western boundary of the Liki Tiki Resort, bounded on
the west by the county line for Lake County on the north by Bali International
Resort Club (sometimes referred to Bali I, being the initial phase of development)
and on the south by Isle of Bali II.

Project Description: The five-story masonry building was completed in 2007, is
100% turnkey, includes full FF&E, and is currently operating as a hotel. This
operating resort includes a clubhouse, lobby and reception area, two lighted tennis
courts, a basketball court, children’s playground, two heated swimming pools,
two Jacuzzis, a wading pool, pool house building, water park recreational facility,
various fountains and a bar/eatery

Timeshare Declaration: A Declaration of Covenants, Conditions and
Restrictions for 1400, a Timeshare Resort, was recorded on February 11, 2009 at
O.R. Book 9827 beginning at page 4654. Although a timeshare resort was created,
it is not a condominium and no units were sold pursuant to the Timeshare
Declaration and therefore the Timeshare Declaration can be undone if desired.
The property has been used in the interim for transient stays and as a hotel.
o The Timeshare Declaration allows for the creation of a floating use plan or
a multi-site timeshare plan. It also reserves for the developer the right to
operate or permit the operation of a nightly transient accommodation
program, rental program or hotel using its timeshare interests as it
determines in its discretion.

Folio Number: 31-24-27-5773-00-001
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1400 Building - Maps
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1400 Building - Aerials
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1400 Building – Photos
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Timeshare Intervals
Charter Club Naples - Investment Highlights

This luxurious resort is located in Naples, Florida along the Paradise Coast on
Naples Bay and is within walking distance to Fifth Avenue

All unit intervals include full FF&E and are 100% turnkey

33 unit resort with all amenities in place including a heated pool, children’s pool,
jacuzzi and tiki hut

All units have two bedrooms and two bathrooms
Charter Club Naples - Property Information

Location: Charter Club Resort of Naples Bay is located at 1000 10th Avenue
South, Naples, Florida

Number of Intervals: 303

Asset Description: Charter Club Resort Of Naples Bay is a 33-unit resort on the
southwestern coast of Florida that comprised of 11 three-story buildings
overlooking beautiful Naples Bay.

Accommodations: Each unit features a two-bedroom, two-bath condos that
sleeps up to six people and have expansive views of Naples Bay. With 1240
square feet of living space it offer spaciousness not available in a typical hotel
room. The master bedroom offers a king bed and an adjoining master bath. In the
second bedroom, two twin beds provide comfortable accommodations. Every unit
offers a living room with queen-sized sofa sleeper. The condos are designed with
high-quality furnishings, entertainment centers with stereos, TVs, DVDs, and a
wetbar. Fully equipped kitchens with all the conveniences of home make meal
preparation easy. Each unit has a washer and dryer.

Amenities: The resort has all the amenities in place including: heated pool,
children’s pool, hot tub, a poolside Tiki hut with grill, barbecue grills and picnic
area.
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Charter Club Naples – Maps
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Charter Club Naples - Aerials
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Charter Club Naples - Pictures
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Timeshare Intervals
The Cove Resort - Investment Highlights

112 unit building offering 1 and 2 bedroom units

All unit intervals include full FF&E and are 100% turnkey

All amenities are in place and include an activity pool, two-story tube slide,
oceanfront pool, fitness room, indoor pool, and game room

Downtown Daytona Beach is just minutes away traveling on Route A1A
The Cove Resort - Property Information

Location: The Cove on Ormond Beach is located directly on the sand at 145
South Atlantic Avenue, Ormond Beach, Florida

Number of Intervals: 370.5 intervals

Asset Description: Directly on the beach, the oceanfront property provides 112
one and two-bedroom furnished condos with the convenience of fully equipped
kitchens.

Accommodations:
o Premium Studio: Contains a comfortable queen-sized bed with premium
linens. The queen-sized sofa-sleeper provides sleeping accommodations
for two more people. Each unit includes a TV and DVD player and a full
kitchen with stove, dishwasher, and refrigerator. Each unit comes with a
private balcony.
o 1 Bedroom Condo: The one-bedroom condo provides comfort for a
maximum of 4 people. The master bedroom offers a queen-sized bed with
luxurious premium bedding and a TV. The queen-sized, sofa-sleeper in
living area affords sleeping arrangements for two. These units have a fully
equipped kitchen, complete with granite counters and suitable appliances.
The living area has a TV and DVD player.
o 2 Bedroom Condo: The Cove’s two-bedroom condo offers sleeping
accommodations for a maximum of 6 people. There is a queen-sized bed
in the master bedroom and a queen-sized bed in second bedroom. A
queen-sized sofa-sleeper in living area allows sleeping for two. The
kitchen is fully equipped, as in the one-bedroom unit, and also has granite
counters. Both bedrooms are equipped with TVs and the living area has a
TV and a DVD player.

Amenities: All amenities are in place and include: activity pool with two-story
tube slide, oceanfront pool, fitness room, indoor pool, and game room.
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The Cove Resort – Maps
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The Cove Resort – Aerials
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The Cove Resort - Photos
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Timeshare Intervals
Liki Tiki I & II - Investment Highlights

All unit intervals include full FF&E and are 100% turnkey

This is a 64-acre master planned resort with numerous amenities already in place

Spacious townhomes and 1,2, and 3 bedroom high-rise condominium
accommodations

Located only minutes from all Disney area attractions
Liki Tiki I & II - Property Information

Location: Liki Tiki Village is located at 17777 Bali Boulevard, Kissimmee,
Florida, directly off U.S. Highway 192.

Number of Intervals: Liki Tiki I has 421 intervals
Liki Tiki II has 3,315 intervals

Accommodations:
o 1 bed/1 bath: features a full kitchen, living and dining area, washer and
dryer, queen-sized bed in master bedroom, whirlpool style tub in bath,
queen-sized sofa-sleeper in living area.
o 2 bed/2 bath: features a full kitchen, living room, dining area, washer and
dryer, king-sized bed in master bedroom, whirlpool style tub in master
bath, two twin beds in second bedroom and queen-sized sofa-sleeper in
living area.
o 3 bed/3 bath: features a full kitchen, living room, dining area, washer and
dryer, king-sized bed in master bedroom, whirlpool style tub in master
bath, queen size bed in second bedroom, two twin beds in third bedroom
and queen-sized sofa-sleeper in living area.

Amenities: all amenities are in place and include: water park, heated swimming
pool, kiddie pool, tennis courts, children’s play area, gift shop, fitness room, game
room, basketball courts, outdoor jetted spa, picnic area, movie rentals and bicycle
rentals
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Liki Tiki I & II – Maps
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Liki Tiki I & II – Aerials
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Liki Tiki I & II - Photos
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Contact Information
Todd Refling
Cell: 407-697-5903
Email: [email protected]
Don Ginsburg
Cell:
954-868-7102
Office: 954-862-7534
Email: [email protected]
John Csapo
Cell - 954-614-1600
Office- 954-862-7536
Email: [email protected]
WWW.ORLANDORESORTSALE.COM
Realty Masters Advisors, LLC
www.RM-Florida.com
Ft. Lauderdale Office
Orlando Office
1015 N. Powerline Road
Fort Lauderdale, FL 33311
390 N. Orange Ave., Suite 2300
Orlando, FL 32801
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