Port A Dev. Project (3)

PORT A DEV. PROJECT KELBY MCCAN

Pro's Option 1: Affordable Residential Affordable luxury at 40-50 LOTS middle class price point. Following this model, lots are kept to a minimum size while working around the natural environment. The green area becomes Dedicated Park/Rec a children's park. The warehouse could be used for monthly Center/Pool. storage or be demolished to add 3 more lots. The convention center would act as a club house for events or as a restaurant. Con's SDSC | New Members Large construction Investment. Under utilization of available land. Construction 1.5 -2yrs Investment $11.5M Gross $16M ROI 39%

Pro's Option 2: Luxury Residential Minimal infrastructure. 6 LOTS Only 5 sales. Sell plot w/ The Luxury model targets those who want their own space while construction contract or having a water front feel. Each property either has a private or shared pond. The convention center is remodeled into a home. The pre-build. playground remains for families. The storage unit is included for owners (There are three available). Con's |s Finding the right buyers. Remodeling convention center into a home and selling. Return is difficult to calculate. Construction 1 yrs Investment $7.5M Gross $10M-13M ROI 33%-73%

OPTION 3 Repeat Success



Pro's Option 3 Continued: RV Park Previous Market 160 LOTS Success & Demand. Gulf water has been a great success. With 158 lots that originally Flexible as rental or sale sold at 50k a piece and now run upwards of 85k-100k, the desire for permanent RV lots is there. The park remains but a pool is or both. High land added. Storage remains for golf cart/boat storage. The convention utilization. Simple center acts as reception as well as a place for events. (Gulf waters Below) construction. |s Con's 150 sales. Concrete cost. Landscaping cost. Time 1yr Investment $7.5M Gross $9.5-$11.5M ROI 26%-40%

Get in Touch FOR QUESTIONS AND SUGGESTIONS MAILING ADDRESS 1418 Whispering Sands, Port Aranas, TX, 78373 EMAIL ADDRESS [email protected] PHONE NUMBER 520-334-8963