Business Focus on Multiple Types of Real Estate Projects in Southern US.
Plans for Private Label Tiny Home Applications to Acquired Properties.
Progress on Multi-Million Dollar Targeted RV Park Project in Texas.
Potential Acquisition of RV & Cabin Park Located Near a Major Louisiana Metro Area.
Holiday Island Holdings, Inc. (HIHI) is involved with recreational, residential, and commercial real estate in a defined regional market. Assisted by several heavily experienced real estate, business, and financial advisors, HIHI initially intends to operate in Texas, Arkansas, Oklahoma, Louisiana, and Missouri. All these states are experiencing significant population growth and business expansion, and all are attracting people seeking a remote, balanced lifestyle in an upscale recreational, or residential setting.
HIHI is managed by a senior group of experienced real estate and business executives, and aided by advisors who have financial expertise, and have served as well in senior capacities with major national recreational and residential development entities. The advisors also have extensive homebuilding and tiny home development, marketing, and sales experience.
As new properties are acquired, financed, and brought on-line, HIHI will continue to expand its acquisition target list and become a major real estate player in its defined marketing area. One major component of its expansion strategy is to add its “private label” tiny home design(s) to properties it acquires, and wherein a new tiny home residential community can be structured. This tiny home segment will operate as “Nova Tiny Home Communities”, and the units will be built-to spec, as set forth by HIHI management.
In addition, HIHI management and its advisory team are exploring a number of opportunities in other parts of Arkansas, in East, North, and Central Texas, in the burgeoning Houston area, in southern Missouri, and in Eastern Oklahoma and Northern Louisiana.
Of particular interest will be existing properties that lend themselves to immediate profit generation from on-going business, which will be augmented by expanding recreational offerings such as RV and MH sites and rentals, marina operations, hunting camps, and tiny home communities. These targeted HIHI acquisitions, and the planned expansions, are typically owned by “mom and pop” operators, and lend themselves to advantageous purchase pricing.
Multi-Million Dollar Targeted RV Park Acquisition in North Texas
On November 3rdHIHI announced that the company – through its real estate advisor – continues to make progress on its targeted RV park located in north Texas. The purchase arrangement is in its contracting phase, and due diligence continues.
A funding source in Houston has verbally offered to fund the planned transaction, and then lease the property to HIHI for operational purposes. It is anticipated that a planned closing of this purchase may occur in the first quarter of 2021. Additionally, the HIHI advisor has identified several other prospective acquisitions for the company to consider, and it is conducting preliminary due diligence on each of them.
This park is high yield as is, and it is suitable for extensive expansion after it is acquired, including an increase in RV rental spaces, the addition of RV rental units owned by HIHI, and the purchase for rent of cabins and tiny homes. The Texas market is favorable due to its substantial and continuing growth, especially those areas that are within one to two hours from the five or six major demographic markets in the State.
Potential Acquisition of a Significant RV & Cabin Park Located near a Major Louisiana Metro Area
On October 28thHIHI announced that it is negotiating a potential acquisition of a highly recognized large RV & Cabin Park with substantial amenities near a major Louisiana Metro Area.
HIHI has appointed the Lantana Capital Advisors – a real estate consulting firm – to assist in the negotiation of the acquisition of the property as its binding Agent. The acquisition is pending completion of the due diligence, financing, and verification of the park’s EBITDA.
HIHI is also seeking suitable funding to become a significant player in its chosen geographic real estate segments. The company is evaluating numerous prospective recreational and remote-living opportunities.
For more information on Holiday Island Holdings, Inc. (HIHI) visit: http://www.holidayislandholdings.com
Company Name: Holiday Island Holdings, Inc
Contact Person: Media Relations
Email: Send Email
Address:193 Wild Turkey Drive
City: Holiday Island
State: AR 72631
Country: United States