lake arrowhead

lake arrowhead
exclusively listed Private Lake and Golf Community
atlanta, georgia
GA-Cherokee-137131/3-14-14
4900 North Scottsdale Road, Suite 3000, Scottsdale, Arizona 85251 ph. 480.483.8100 | fx. 480.483.0000 | www.laresortsolutions.com
The information contained herein from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the reponsibility of the person reviewing this
information to independently verify it. This package is subject to change, prior sale or complete withdrawal.
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table of contents
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PROPERTY OVERVIEW
GEOGRAPHICAL OVERVIEW
RECREATIONAL OVERVIEW
LAKE ARROWHEAD GOLF COURSE AND CLUBHOUSE
LAKE ARROWHEAD TRAIL MAP
COMPARABLE COMMUNITIES
PROPERTY PHOTOS
PROPERTY AERIAL MAPS
TRANSACTION GUIDELINES
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6
7
8
9
10
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18
Property overview
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project summary
Nestled among the foothills of the Blue Ridge Mountains and just 40 minutes north of Atlanta’s
I-285, Lake Arrowhead is a private residential lake and golf community. The community offers
serene natural beauty, a host of world-class amenities, and a lakefront quality of life that is
unlike any other in the metro Atlanta marketplace. The driving focus of the master plan for
decades has been to deliver an incomparable living experience centered on Lake Arrowhead’s
540-acre private lake while preserving the natural beauty and ecological balance of this pristine
residential setting for generations. Now the remaining residential development is being offered
for purchase, including some of the region’s most coveted lakefront property.
The centerpiece of this waterfront community is a beautiful 540-acre lake, one of the largest
privately owned man-made lakes in Georgia, and also ranked one of the cleanest in the state.
Lake Arrowhead also features a recently re-designed 18-hole golf club, the Highlands Course,
as well as a generous array of outstanding club and community amenities, and over 8,000+
acres of lush forests and open spaces.
Lake Arrowhead is currently well into phase two of the development plan including over
300 finished lots, a new 8-mile community trail system and “Great Festival Park” including
community swimming, outdoor sport fields and pavilion for residents.
PROJECT OFFERING HIGHLIGHTS
• Purchase of Lake Arrowhead encompasses ±5,787 acres of the ±8,000 original acres
of Lake Arrowhead
• 540-acre private lake
• 18-hole golf course designed by DJ DeVictor that is 286 acres, and measures 7,100
yards
• Recent $7.5 million improvement of property included a new golf clubhouse, complete
renovation of the golf course and other capital improvements
• The new clubhouse includes a PGA Pro Shop, new locker rooms, formal and casual dining
rooms and an outdoor dining patio totaling over 4,000 sf
• Lake Arrowhead master plan base entitlement is 10 units per acre.
• Purchase includes 277 developed lots, 750 paper lots, and 250 planned units
• Additional 4,247 of developable acres and 475 preserved acres included in the
offering
• This offering includes the 335 acre East Lake Village section, the best piece of lake front
property left for development
• Prime Pod K lots now under development along the lake
Lot Type
Phase 1 Developed
Phase 2 Developed
Phase 2 Planned
Phase 2 Unplanned Pods
Phase 3
Lots
631
277
750
250
Acres
Total Opportunity
908
1,000
4,247
475
Finished Lots
Planned Lots
Raw Developable Acres
Acre Preserve
154
313
117
4,247
Status
Finished Lots
Finished Lots
Finished Lots
Raw/Planned Lots
Raw
Utilities
Lake Arrowhead has its own private utility company, Lake Arrowhead Utility, which provides
water and sewer services for the community. There is no central gas, however current
residents may purchase propane and propane tanks from private gas companies in the area.
Lake Arrowhead is provided with electric from the Co-Op Amacalola Electric, who buys power
wholesale from Georgia Power and then distributes it to rural communities.
developers
The Purcell Company, Inc. and The Johnson Development Corporation
The Purcell Company, Inc. is the original developer of Lake Arrowhead. In 2006 The Purcell
Company, Inc. entered into a joint venture with The Johnson Development Corporation.
With the new joint venture in place, Phase Two officially opened in 2007 including a capital
improvement plan, new finished lot areas and updating the community infrastructure for
future development.
The Johnson Development Corporation is one of the largest and most successful
masterplanned community developers in the United States. Based in Texas since 1975, The
Johnson Development Corporation is responsible for the highly successful residential golf
communities of Towne Lake Hills and BridgeMill, both located along Atlanta’s northwest
I-575 corridor in Cherokee County. Both Towne Lake Hills and BridgeMill have been
widely recognized for award-winning excellence in planning and development. Johnson
Development is also the developer of award winning communities in Texas including the
top selling Sienna Plantation, Woodforest, Riverstone and Tuscan Lakes.
3
Property overview
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HISTORY OF LAKE ARROWHEAD
Lake Arrowhead was once the heart of the Cherokee Indian nation. The highly civilized nation
used the land around Lake Arrowhead to farm and hunt. After gold was discovered in North
Georgia, Cherokee County was founded and then incorporated, which began the dispersing
of Georgian land to settlers through lotteries. These events forced the Cherokee Indians out
of the area in 1838.
More than 100 years, later the Diamondhead Corporation, now The Purcell Company, began
development on the 540-acre lake and the original 18-hole golf course. Real estate sales
officially began in 1973 with the opening of the original golf course in 1974. Phase One of
development, consisting of more than 1,000 homes and condominiums began selling in
1978.
In 2006, The Johnson Development Company, entered into a joint venture with The Purcell
Company called Lake Arrowhead Community LLC. Phase Two opened for sales in 2007 and
in 2009 major residential development plans came to fruition when the newly redesigned
18-hole golf course and clubhouse, hiking trail system and new activity facility, Great Festival
Park, were completed and open for residents to enjoy.
CURRENT AND FUTURE DEVELOPMENT
Lake Arrowhead presents a unique opportunity to invest in an active, large scale development
project with much of the heavy capital improvements in place. With its close proximity to
Atlanta, Lake Arrowhead has the ability to attract a variety of potential homebuyers including
primary commuters, second home and retiree markets. The community has experienced
tremendous success with the development of Phase One providing momentum for future
developers to finish the community. To date Phase One has nearly 800 lots with either a
completed or under construction home and another 656 unimproved lots which were sold
in earlier phases.
Phase Two will add an additional 1,200+ residences when completed along with numerous
new planned amenities.
Future development at Lake Arrowhead has been segmented by finished lots, development
units and future pods. Unit parcels have been allocated development units and are planned,
while pods are undeveloped and have not been allocated development units yet. The
purchase of Phase II has been segmented into a total of 13 units and 7 pods. Units 1-6 have
been developed and added a total of 334 single family home lots. Future development
plans include units 8-14 and adding an additional 750 single family lots. The developed
lots range in size from 65’x75’ to 100’x150’ and planned future development lots range from
50’x120’ to 95’x150’.
PHASE TWO DEVELOPMENT SUMMARY
Developed
Unit
Acres
1
21.3
2
47.9
3
51.4
4
7.7
5
12.9
6
13.31
Total
Units
Lot Type
46
95'x150'
108
75'x85'
149
65'x75'
6
100'x150'
14
100'x120'
Future POD Development
POD
Acres
B1
14.32
B2
24.7
D
3
K
17.02
L
6.64
11
100'x150'
M
3.7
N
1.6
Total
70.98
334
Undeveloped
Unit
Acres
8
124.6
9
50.1
10
28.6
11
30.2
12
17.1
Units
Lot Type
288
95'x150'
80
95'x125'
67
85'x150'
63
85'x150'
49
50'x120'
13
31.1
104
65'x150'
14
31.5
99
75'x150'
Total
313.2
750
4
Property overview
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DEVELOPMENT CONCEPT
With its strategic location, Lake Arrowhead is directly in the future growth corridor of metro Atlanta and its size allows residents to enjoy the rural nature of the community as the city grows
closer. Residents also benefit from Lake Arrowhead’s easy access to northern Atlanta, Cummings and Buckhead as well as a short 45 minutes from Atlanta’s Hartfield Jackson International Airport.
The community was initially positioned as a second home destination however many retirees have moved in full-time residents over the years. More than 60% of the current property owners
permanently reside at Lake Arrowhead. In addition to metro Atlanta’s only private gated lake, Lake Arrowhead boasts a private marina, golf and walking trails that create an incomparable offering
for residents to enjoy minutes from the city.
The Developers have worked hard to maintain the woodlands and pristine lake in the Lake Arrowhead community. There is a 475-acre Botanical Preserve northwest of current development creating
what will be a dividing point between two future development sections. The lush natural landscaping of the mountains and mix of amenities make Lake Arrowhead an ideal location for home
buyers for generations to enjoy.
INVESTMENT SUMMARY
Research by Meyers Research indicates median new home prices to be $243,700 in the surrounding area nearby Lake Arrowhead. Additional research done by Meyers recently indicates a growing
demand for new homes over the past 4 years. Bridgemill and Towne Lake, also Johnson Development projects, are located south of Lake Arrowhead and have sold all available lot inventory. The
success of these communities shows there is major growth occurring in the area and along the new growth sector of Atlanta. The completion of Bridgemill and Towne Lake puts Lake Arrowhead
directly in the path of projected residential growth over the next cycle, making it the best master planned community location for new home starts.
The Lake Arrowhead offering will include ±900 finished lots and planned area of 5,878 acres. Of the ±900 lots for sale, ±631 are in Phase One and ±277 are in Phase Two, allowing for any future
developer to start developing for low initial startup costs. Also the recent $7.5 million renovations allow a future developer to use new capital for vertical homes versus horizontal construction or
club amenities.
Once purchased developers will gain full control of the existing golf club, Lake Arrowhead Utility Co., Lake Arrowhead Real Estate Company, and the Lake Arrowhead Yacht Club. Operating proformas
are available upon request.
Recent Lot Sales at Arrowhead
Sale Date
Acres Price/Acre
$75,458.13
Aug 27, 2013 1.6
$58,809.52
Sept 25, 2013 2.52
$600,000.00
Nov 18, 2013 0.4
Price
$120,733.00
$148,200.00
$240,000.00
Based on recent lot sales within Lake Arrowhead show an
average selling price of $169,644.33 for an average lot
size of 1.51 acres.
Undeveloped vs. Developed Local Land Sales
Acres
Price/Acre
Close of Escrow Sale Price
6.96
$3,951.15
Nov 1, 2013
$27,500.00
$2,686.57
Apr 17, 2013
$225,000.00 83.75
$11,524.64
March 26, 2013 $545,000.00 47.29
March 21, 2013
$54,000.00
4.59
$11,764.71
Average
$212,875.00
35.65
$7,481.76
Undeveloped
$126,250.00
45.36
$3,318.86
Developed
$299,500.00
25.94
$11,644.67
Status
Undeveloped
Undeveloped
Recent sales of both undeveloped and developed
tracts of land in the nearby area show developed land
selling for roughly $11,600 per acre versus $3,300 for
undeveloped. Overall average sale price per acre is
around $7,500 for an average size of 35.65 acres.
Developed
Developed
5
geographical overview
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Lake Arrowhead is located in Waleska, Georgia within Cherokee County on the outskirts of metro Atlanta. Lake Arrowhead is approximately 40 minutes from Atlanta center city. Atlanta was
incorporated in 1847 and is currently the 40th largest city in the United States with a population of roughly 444,000 people. The Atlanta Region consists of 5,200,000 people with 223,000 of them
residing in Cherokee County. The region as a whole has been experiencing growth of roughly 37,000 annually, and has also been experiencing tremendous growth in new home construction.
Currently there are 46 new masterplanned communities within a 10-mile radius of Atlanta.
Cherokee County
Cherokee County is located along the foothills of the Blue Ridge Mountains 25 miles northwest of Atlanta’s city limits. Cherokee County’s population has grown by 81,000 since 2000 putting its
average annual growth around 6,200. The County includes the major cities of Canton and Woodstock located along highway I-575.
Canton
Canton is 11 miles east from Lake Arrowhead, just southeast of Waleska, and has a current population of 23,000. This thriving city gives locals a variety of activities to partake in including a local
Farmers Market, First Friday Block Party, or visiting the Historic Canton Theatre and Cherokee Arts Center.
Waleska
The small city of Waleska is located just 12 minutes east of Lake Arrowhead. This small city was settled around 1856
by the Reinhardt, Sharp, Rhyne and Heard families and was incorporated in 1889. The town is home to Reinhardt
University, a liberal arts college. Waleska, although small, has all of the local small-town charm and local servicesLake
Arrowhead residents might need.
access
Lake Arrowhead is easily accessible from either GA-140, from the east, or GA-108, from the north and south. Easy
access to GA-140 makes for a quick drive into Canton at I-75 and Atlanta while GA-108 allows residence to drive to
Waleska in 12 minutes and access I-575 to Atlanta.
Distance to Major Cities
Atlanta, GA
52 miles
Augusta, GA
196 miles
Charlotte, NC
259 miles
Birmingham, AL
163 miles
Chattanooga, TN
90 miles
Knoxville, TN
187 miles
6
recreational overview
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The completion of the Phase Two renovations has provided residents of Lake Arrowhead
unmatched resort style amenities. The private lake, yacht club and 18-hole championship
golf course are just part of what Lake Arrowhead has to offer.
in 2008, two years after The Johnson Development Corp. and Purcell Company entered into
a joint venture. Great Festival Park includes a Junior Olympic pool, bathhouse, 5-acre park,
outdoor picnic area, basketball court, volleyball court, batting cage and an eco-garden.
HIGHLANDS golf course
The re-designed 18-hole championship golf course, named the Highlands Course, is one of
the top rated new courses in Georgia. It was designed by DJ DeVictor who has designed other
renowned courses in The United States, US Virgin Islands, Mexico, and Turkey. The course and
clubhouse are spread out over 286 acres of rolling hillsides along the higher elevations of the
community, with long range views for miles back to the city. The Highlands Course is more
than 7,100 yards when measured from the tips.
red cloud park
Prior to Great Festival Park, Red Cloud Park was the community’s primary recreation facility.
Red Cloud Park was completely renovated as part of the capital improvements completed
throughout Lake Arrowhead. The site includes 6 tennis courts, locker room and restroom
facilities, large deck area, gazebo with picnic tables and an oversized arrowhead-shaped
pool.
clubhouse
The new golf clubhouse opened in 2008 and replaced an older, outdated facility along the
lakefront. The 4,000SF facility adds a casually elegant meeting space for residents and a
local pub and restaurants for residents and golfers to enjoy. The Golf Clubhouse features
both men’s and women’s locker rooms, and a PGA Pro Shop to accommodate all your golf
needs. The clubhouse also features formal and casual dining rooms and an outdoor dining
patio looking out over the course.
great festival park
The magnificent 40-acre swim and activity center of Lake Arrowhead, better known as Great
Festival Park includes amenities for residents of all ages. Phase I of the center officially opened
nature trails
The trail system, part of the recent upgrades, is also a new amenity of Lake Arrowhead.
Eventually the system with include more than 8 miles of walking and hiking trails along the
lake shoreline and through the protected woodlands surrounding the lake.
marina
The centerpiece of Lake Arrowhead is the private 540 acre lake reserved for residents and
their guests. The lake stretches ±2.2 miles and has ±11 miles of shoreline. The marina on
the south end of the lake allows for easy storage, and boat rental. The marina is also home to
the Lake Arrowhead Sailing Club, a subgroup of Kingdom Yachts Sailing Club offering sailing/
boat lessons for over 25 years and have recently expanded their operations to include Lake
Arrowhead.
7
Lake arrowhead highlands golf course
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8
Lake arrowhead trail map
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BEFORE
YOU
....
NATU RE
GO
IDENTIFI CATION
GU IDE
PLANTS
Red Maple
Stands 40-60’ tall. Small red flowers, Nice fall color;
flowers somewhat showy in late winter to early spring;
good shade tree. Found along the margins of lakes.
YOU
NEED
TRAIL
LAKE
TO
KNOW
DESCRIPTION
SHORE
TRAIL
Easy stroll along the water’s edge.
Family bicycle friendly, extraordinary views
across Lake Arrowhead.
Total distance : 1.9 miles
FLAT
ROCK
TRAIL
Easy to Moderate hike through some fairly
challenging slopes. Meandering through
the forest one will pass through Flat Rock
Park on their way to the Great Festival Park.
Family bicycle friendlY.
Total distance : 1.0 miles
WILDERNESS
TRAIL
Moderate hike through the forest of Lake
Arrowhead. Meander through exposed rocks
and beautiful mountain streams.
Total distance : 1.4 miles
TRAIL
SAFETY
- Tell someone your itinerary and expected
return time.
- Pack out all trash.
- Keep pets on a leash.
- Do not pick flowers or disturb wildlife.
- Protect the landscape by staying on trails.
- Bring water and sunscreen.
.
- Be prepared since the weather is variable and
changes rapidly.
- Please be aware and respectful of all wildlife.
Mountain Laurel
Stands 5-15’ tall. Foliage is thick and leathery with
a glossy, dark green color at maturity. Large flowers
bloom in summer and vary in color from pink to rose
to red.
Native Azalea
Stands 3-8’. The orange to vivid red flowers open
in late summer and measure 1.5 to nearly 2 inches
across. Can be found in filtered shade.
BI RDS
&
AN I MALS
Deer
Deer are the only native animals that routinely browse
plants 4 to 5 feet above the ground. They eat about five
pounds per day of hundreds of species of both native
and non-native plants. The best deer habitat contains
mixed ages of pine and hardwood forests.
Eastern Box Turtle
Like other reptiles, box turtles must hibernate during
cold winter weather. They burrow deep under the soil
and leaves, sometime in October, and usually emerge in
April or early May.
Squirrels
Squirrels are the most active in late winter. A squirrel will
break the shell of a nut with its teeth, then clean the nut
by licking it or rubbing on its face before it is buried. This
action applies a scent to the nut which helps the squirrel
find it later, even under a foot of snow.
Brown Thrasher
The state bird of Georgia, the Brown Thrasher
prefers any dense understory to build it’s nest. It is
commonly seen in residential areas and overgrown
fields. This species eats a variety of food including insects, invertebrates, small vertebrates, fruits, and nuts.
Mallard
The Mallard eats plant material (seeds, grains, acorns,
sedges, grass shoots), insects, and aquatic invertebrates.
A surface feeder, it finds food in the water by “up-ending”
(putting its head underwater and its tail end in the air)
and by dabbling. It feeds on land by taking things from
the ground. Both the male and female usually lose their
feathers in late summer or early fall, which renders them
flightless for around 33 days.
TRA I LS
MAP
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comparable communities
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Lake Arrowhead is one of the largest master planned communities in the area with its
closest competitor being Big Canoe located 30 miles northeast further into the mountains.
The next closest competitor is Sterling on the Lake which is located an hour east of Lake
Arrowhead. There are several new communities being built near Lake Arrowhead by some
of the top builders in the United States. These public builders include Pulte Homes, Ryland
Homes, and DR Horton.
second home communities
Big Canoe
Big Canoe encompasses more than 8,000 acres that include lakes, streams, an 18-hole
golf course and 2,000+ acres of green space. The community features homes starting at
$200,000 and ranging all the way to $3,000,000+. There are currently 5 neighborhoods
that are actively being built in Big Canoe. In 1997 the Greenwood Development Corporation
and Byrne Corporation joined together to form Big Canoe Co. LLC which is still managing the
community.
Bradshaw Farm
Bradshaw Farm is a golf community built around a 27-hole golf course and is located south
of Canton in Woodstock. The community consists of 621 built homes, 19+ acres of common
areas, multiple pools and tennis courts. Construction began in the 1990’s and was built out
by the early 2000’s. There has recently been some remodeling and improvements done to
the clubhouse, pool area, playground area as well as landscaping updates. Home sales in
this community are ranging from $200,000 - $600,000.
traditional communities
Station at Prominence
Station at Prominence is located off I-575 N., only about 38 miles north of Atlanta, making
it ideal for commuters looking to be just outside the city. The private community provides
security and peace-of-mind for residents. The community is primarily focused on first time
home buyers and young families. The community is one of Smith Douglas Communities, a
relatively new builder established in 2008 that focuses on giving home buyers more for their
money without sacrificing quality on the entry home market.
River Brooke
This private neighborhood is another Smith Douglas Communities project located off of I-575
North, just north of Station at Prominence. The Community features a large swimming pool
and a playground for young children. These homes are ideal for first time home buyers with
prices starting at $154,000.
Providence Walk
Providence Walk, built by DR Horton, is located in Canton, GA southeast of Lake Arrowhead.
The community features a large community park and easy access to I-575. Providence Walk
is close to shopping and dining, and located within the Cherokee County School District.
Glen at Harmony on the Lakes
This Pulte Homes community features 3 lakes, resort style amenities and a variety of
production home neighborhoods. In addition to the lakes, the resort style amenities include 8
tennis courts, walking trails, fitness center and waterpark. The community features amenities
that appeal to all age groups. Glen at Harmony on the Lakes is 39 miles from Atlanta, in
between Canton and Woodstock.
The Park at Steels Bridge
The Park at Steels Bridge is a single family residential community built by Ryland Homes.
To date the community has sold 94 home sites. It features a community pool and tennis
courts and a park for children to play in. Home prices start at $239,000 for the 2,900 sf
home layout.
10
comparable communities
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Woodmont
Woodmont is being built by John Wieland Homes and is one of the upper end new communities
in northern Atlanta. The community is broken down into 7 distinct neighborhoods, one of
which is an exclusive Active Adult Community. Within Woodmont there is an, 18-hole golf
course and $14 million clubhouse. The clubhouse is 26,000 SF and features formal and casual
dining, lounge and pro shop. Woodmont is 48 miles from Atlanta, east of Canton.
Manor at Bridgemill
Manor at Bridgemill is a small neighborhood, built by Piedmont Residential, made up of
100 home sites. The Manor is part of the much larger community of Bridgemill. Bridgemill
features an 18-hole championship golf course, and a 52 acre recreation area. The Bridgemill
community is located off of I-575 west of exit 11 and is forty miles from Atlanta.
Summer Walk
Summer Walk is being built by Peachtree Communities and consists of 254 home sites with
floor plans starting at $165,000. Peachtree Communities is actively building 42 communities
throughout Georgia, North Carolina, and South Carolina. The community has a few proposed
amenities including a pool and tennis courts. Summer Walk is located north of Canton off
I-575, 45 miles from Atlanta.
Traditional Community Homes
Community
Station at Prominence
River Brooke
Providence Walk
Glen at Harmony on the Lakes
The Parks at Steels Bridge
Low
$154,900.00
$154,000.00
$192,990.00
$197,900.00
$239,000.00
High
SF
$228,000.00
1,750 - 3,377
$178,900.00
1,625 - 2,510
$218,990.00
2,080 - 3,040
$234,295.00
2,386 - 2,985
$255,000.00
2,961 - 3,398
Woodmont
High 200's
700's
2,700 - 4,350
Manor at Bridgemill
$204,900.00
$306,900.00
2,345 - 3,413
Summer Walk
$164,990.00
$205,990.00
1,859 - 3,105
Town Lake
-
-
-
Coral Canyon (AAC)
$200,000’s
$400,000’s
1,418 – 2,813
Towne Lake
The master planned community Towne Lake, developed by Johnson Development Corp.,
consisted of 4,000 acres and a total of 5,540 lots. Towne Lake was first acquired by Johnson
Development Corp. in 1986. The community features two 18-hole championship golf courses,
one designed by Arnold Palmer and the other by Author Hill. Towne Lake also features first
class tennis and amenities center. All builder lots in Towne Lake have been sold out.
Soleil Laurel Canyon (AAC)
Soleil Laurel Canyon is a master planned active adult community, exclusively for residents 55
years and older. The community features an 18-hole golf course and 28,000 sf clubhouse.
Homes start at $200,000 and go up to the $400,000’s.
11
property PHOTOS
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12
Lake Arrowhead
Regional map
Ben Jenkins | Bill Rosengarten
480.483.8100 | www.laresortsolutions.com
Subject
0
5
10
Miles
137131-13690
02-26-14
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
13
Lake Arrowhead
surrounding development map
Ben Jenkins | Bill Rosengarten
480.483.8100 | www.laresortsolutions.com
Subject
Cherokee
County
Airport
Lake
Arrowhead
0
1
2
Miles
137131-13690
02-26-14
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
14
Lake Arrowhead
Detail map
Ben Jenkins | Bill Rosengarten
480.483.8100 | www.laresortsolutions.com
Lake
Ar row head
0
0.5
1
Miles
137131-13690
02-26-14
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
15
Lake Arrowhead
Conceptual Plan map
Northwest Zone
±750 Ac.
Ben Jenkins | Bill Rosengarten
480.483.8100 | www.laresortsolutions.com
North Zone
±395 Ac.
Botanical
Preserve
±475 Ac.
Phase I
Phase II
East Lake
Village
±335 Ac.
L ak e
Ar r o w h e ad
Unit 6
±353 Ac.
Phase I
Southwest
Zone
±1,290 Ac.
0
0.5
1
Miles
137131-13690
03-10-14
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
16
Lake Arrowhead
Phase II Detail Map
Ben Jenkins | Bill Rosengarten
480.483.8100 | www.laresortsolutions.com
Phase I
Future
Development
Phase II
Lak e
Arrowhead
East Lake
Village
±335 Ac.
Phase I
Legend
Developed Lots
Future Planned
Development
Unplanned
Development
0
0.125
Future
Development
0.25
Miles
137131-13690
03-10-14
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
17
Transaction Guidelines
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Land Advisors Resort Solutions (“LARS”) and Land Advisors Organization (“LAO”) reserves the right to receive and consider proposals, to accept the same or reject the same with or without comment or notice, to make
counter-offers or to engage in further private negotiations and, in all cases, to respond verbally or in writing.
The property described in this Investment Executive Summary and in any evaluation material provided to prospective purchasers is subject to prior sale, refinance, change in pricing and terms, and withdrawal from the
market, all without notice. No offer shall be deemed to have been accepted, no agreement shall be deemed to have been reached, and no binding arrangement shall be deemed to have been entered into unless and
until a contact has been dully approved, signed, and delivered by both parties thereto, and unless and until the agreed upon capital investment has been made.
Until that time, Lake Arrowhead Community (LAC) reserves the right to negotiate with any prospective purchasers. It is assumed that there are no hidden or apparent conditions of the property, its structural, or its subsoil
qualities that would render the property more or less valuable. No responsibility is assumed by LAC, LARS and LAO for such conditions or for any engineering investigation which may be required to discover them. All
material distributed to interested parties, including this Investment Executive Summary, will be treated in a confidential manner.
Please direct all inquiries and offers to:
RESORT SOLUTIONS
create your destination
Ben Jenkins | [email protected]
Bill Rosengarten | [email protected]
4900 North Scottsdale Road, Suite 3000, Scottsdale, Arizona 85251
480.483.8100 | www.laresortsolutions.com
Lake Arrowhead Realty
Jeremy James | [email protected]
2419 Lake Arrowhead Drive, Waleska, GA 30183
770.345.5411
The information contained herein from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the reponsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal.
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