lehman’s lakeside rv resort...vince reynolds +1 858 546 4636 [email protected] norman...
TRANSCRIPT
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Lehman’s Lakeside RV Resort295 Sites on Approximately 60 Acres
One Hour From Major Metro |Along I-90
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of theProperty.
This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or theowner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase ofreal property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the generaleconomy, market conditions, competition and other factors beyond the control of the Owner and CBRE, Inc. Therefore, all projections, assumptions and otherinformation provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations.Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum,certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accuratedescriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independentlyand not rely on the contents of this Memorandum in any manner.
Neither the Owner or CBRE, Inc., nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied,as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of thisMemorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the realproperty.
The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminatediscussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment orobligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Propertyhave been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.
By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidenceand that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CBRE, Inc. You alsoagree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CBRE, Inc.
All property visits must be approved by listing brokers.
Absolutely no contact with tenants, management, ownershipor governmental agency without approval from listing brokers.
DO NOT CONTACT MANAGER OR DISTURB OCCUPANTSPlease contact listing brokers before any visit to the site
Confidentiality Agreement Acknowledgement
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
DO NOT CONTACT MANAGER OR DISTURB OCCUPANTSPlease contact listing brokers before any visit to the site
The property owner has requested that all interested parties agree to this Confidentiality Agreement. Upon
execution of this agreement any additional information will be provided only at discretion of the property
owner(s) and the their instructions to CBRE (listing brokers). “Due Diligence” level materials may only
be released with an accepted offer or at discretion of the property owner(s).
I, _____________________________________________ hereby understand that the salient property
“Information” for the property referenced in this offering package is intended for the sole use as a qualified
investor and/or as a representing broker/agent. I acknowledge that the information herein and any additional
“Information” about this property will be kept absolutely confidential and is not to be redistributed.
Broker/agent acknowledge that a new Confidentiality Agreement must be submitted and accepted by CBRE
for each prospective investor individually.
I also agree that neither I, or any affiliated party will not visit the property or discuss park matters with
park occupants, employees or government agencies without expressed approval. Neither I or any
affiliated party will not attempt to contact ownership and will direct any and all communications through
CBRE only.
Prospective Investor:
_______________________________Company Name
_______________________________Print Full Name
_______________________________Email (optional)
_______________________________Phone Number
_______________________________Signature Date
Online Submission: N/A – Please Fax or Scan & Email
To Submit by Fax: (858) 777-5380 (no cover letter required)
Email (Scan): [email protected]
Please Submit Using The Following:
Confidentiality Agreement
Representing Broker/Agent:
_______________________________Company Name
_______________________________Print Full Name
_______________________________Email
_______________________________Phone Number
_______________________________Signature Date
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Income & Expense Summary
PLEASE SUBMITCONFIDENTIALITY
AGREEMENTFOR
INCOME & EXPENSE
INFORMATION
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Total Sites (Units) 295 Total Sites
Current Stay Matrix Approximately 90 seasonal occupancy ($2,275 annually 36% of gross income)
Offering Price $4,500,000
Site Rates Please see rate chart
Acres +/- 60 Acres with approximately 15 acres of lakes
Season Open Year Round
Street Address 19609 Harmony Rd.
City | State | ZIP Marengo, IL 60152
County McHenry County
Electric Long Term Monthlies (90)Short Term Guests
Paid ByPaid By
Resident (Direct Billed for Lower Rate)Park
Gas Propane (not onsite) Paid By Tenant
Water Well Paid By Park
Sewer Septic System Paid By Park
Property Summary
CBRE | National MHRV Advisors: Lehman’s Lakeside RV Resort is year round affordable retreat only
about one hour from a major metro of over 14 million people. Additional income is possible through the
increase of long-term guests and the increase of short term rates. Visitors can relax in a natural setting
and take full advantage of free fishing, swimming, canoeing, and playground facilities. Games and bi-
monthly social events such as barbeques, pig roasts and fairs are scheduled throughout the season.
Lehmans offers free wi-fi and cable as well as mowing and snow plowing.
Good Sam Rating
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Park Map
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Location Map
Chicago 63 Miles
Population of 6+ Million
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Rates & Site Details
Vince Reynolds
+1 858 546 4636
Norman Sangalang
+1 858 546 4685
Rick Jebb
+1 312 612 0807
Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.National MHRV Advisors
Exclusive Offering:295 Site Illinois RV Park
www.cbre.com/inv‐chicago‐mhrv
Just 1 hour west of Chicago
60% of sites are recurring long-term / seasonal occupancy
Central private lake - scenic location
Located along I-90 (just north of freeway)
Value add opportunity
Park open year round