Exciting Investment Opportunity: Transforming Tangi Pines RV Resort

Are you on the lookout for a promising investment opportunity? We're thrilled to introduce you to an extraordinary deal that could potentially change the game for investors looking to capitalize on the booming real estate asset class of RV resorts. At a time when interest rates and insurance costs are soaring, this particular venture offers solutions to some of the most pressing challenges in the industry. We're excited to share the details of our upcoming project, the Tangi Pines RV Resort, and why it's an investment opportunity you won't want to miss.

The Perfect Deal

Our journey to this exceptional deal has been nothing short of remarkable. After pursuing various RV development projects, we finally landed an incredible contract that's bound to generate substantial returns. Here's a quick summary of the deal, which we'll delve into in greater detail:

• Owner Financing: We secured an owner-financed agreement for Tangi Pines RV Resort. This deal includes a total of 414 RV pads and cabins, with a mere $4 million price tag. We made a down payment of just $600,000, with the seller carrying the remaining balance at a reasonable 5% interest rate. This unique financing arrangement effectively addresses the high-interest rate concerns.
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• Comparative Advantage: To put things into perspective, a nearby RV resort, Reunion Lake, recently sold for a staggering $23.5 million, with 257 total pads. Our deal comprises 44 pads and cabins for a fraction of the cost at $4 million. With owner financing and significant growth potential, our project is poised for success.
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• Projected Returns: Our conservative model forecasts returns of $15 million, while our target model estimates $27.5 million. This translates to an impressive 2.65X return on investment for our conservative estimate and a remarkable 4.34X return for our target projection. All of this is expected to materialize within a seven-year timeframe.
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• Unique Selling Proposition: One exceptional aspect of this project is the plan to subdivide the park, transitioning a portion from long-term to short-term sites. This innovative strategy involves selling sections of the park by the acre and marketing the spaces by the foot. We've already identified two interested buyers for this distinctive opportunity.
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• Renovation Reality Show: Adding another layer of intrigue to the project, Tangi Pines RV Resort will be featured in a renovation reality show, potentially airing on HGTV. Even if it doesn't make it onto the network, the project will be promoted on platforms like Amazon Prime, YouTube, and Vimeo, providing substantial marketing exposure.

The Origin of the Deal

The story of how we came across this fantastic deal is equally compelling. Our business partner, Mikey Nunmaker, who also owns and operates the Buuy RV Resort, was approached by a neighbor in Madisonville who knew of a motivated seller looking to offload their RV resort discreetly. The result was an off-market opportunity, which we quickly seized.

The park, known as Tangi Pines RV Resort, has been a beloved camping destination in Robert, Louisiana, for decades. Originally established as an Yogi Bear RV resort in the 1970s, it has been a lucrative investment for the owner. However, due to personal hardships, he was looking to sell the park and make it more accessible for someone local who could restore it to its former glory and enhance the experience for customers.

Our Business Plan

Our strategy for Tangi Pines RV Resort encompasses several key elements:

• Long-Term Section Transformation: We'll privately fence in the long-term section of the park, convert it into a private community, and sell it within a year. With rent rates currently as low as $350 a month, we plan to raise all rents to market value, which is $750 a month. This move alone is expected to add significant value to the park.
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• Additional Amenities and Attractions: Enhancing the existing amenities, we're adding a lazy river, a customized playground, a bounce house in the dome area, mini bowling, zip lines, mountain bike trails, and a ropes course. We also have 30 undeveloped acres at our disposal for future expansion.
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• Site Renovation: All RV sites will be upgraded with cement pads, fire pits, and improved electrical connections to accommodate newer RVs.
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• Cabin Renovation and Reality Show: The cabins on the property will undergo extensive renovations. Simultaneously, we're partnering with a production company to create a pilot reality show. This show will showcase the cabin renovations and serve as a marketing platform, even if it doesn't get picked up by HGTV.  PS if your interested in being a contestant on our show fill out this application form:

  https://forms.gle/HWZ1qCgfBRQ1dvDMA

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• Refinancing Strategy: Our financing plan includes a conservative refinance model in collaboration with a lender who has worked with a similar acquisition. This approach ensures we're in a strong position to maximize our returns.

Join Us in This Exciting Opportunity

If you're intrigued by the potential of the Tangi Pines RV Resort project and want to be part of this investment journey, we welcome you to join our new Development Fund for RV resorts. The minimum investment commitment is $100,000, and accredited investors are invited to participate. To learn more about the project and walk through the financials, we have a comprehensive investor packet available. Schedule an appointment with us to explore the numbers and get in on this exciting opportunity.

Don't miss out on the chance to be a part of an investment that promises substantial returns and a unique renovation reality show experience. Visit SerioCapital.com to mark your commitment and embark on this exciting venture with us.