Laughlin Bay Marina (LBM)

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Presentation transcript:

Laughlin Bay Marina (LBM) Real Estate Investment Opportunity Brubaker Group ©2011 Copyright; All rights reserved, material may not be reprinted or used without express written permission

Marina & Land Completely private marina 21 residential acres entitled

521 residential units entitled 983,000 saleable square feet

Target Market Residential units starting at $450,000 Snowbirds Workforce housing Extended stay housing Casino guests Active retirees Recreation guests

Marina previously operating (with all required entitlements) Prior reservation list for residential units includes 1,600 buyers from all over the world

Marina was developed first to create value for the residential units LBM is a preferred vessel service marina

Marina 5-story air-conditioned boat storage facility Slips for lease

Marina Storage for up to 230 boats 8,000-gal fuel tank (2) maintenance bays Fuel dispenser 8,000-gal fuel tank Various octane for performance vessels

Marina Clubhouse also licensed as banquet hall, able to serve liquor Café is licensed as tavern for up to 15 video poker devices Family dining, activity area with (3) BBQ pits

Marina Access to lagoon, Colorado River, and Lake Mohave Boating Personal watercraft Fishing for trout and bass Extensive Dockmaster security system with video cameras Public address system

Laughlin Bay Marina Numerous awards received Living, dining, gaming, shopping, recreation On the water ambience Lagoon and island wildlife habitat

Development & Timing H1 overlay zoning allows development of homes, condos, casinos, restaurants, shops (anything on Las Vegas strip) Prepare for boomers

Investment 2006 construction lender appraised entire 32 acres at $60M 21 residential acres Private marina with all amenities Land is owned under the boat slips!

BRUBAKER Group Brian Brubaker 9000 Sunset Blvd Suite 1100 Los Angeles, CA 90069 (310) 461-1275 BrubakerGroup.com This information has been secured from sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information.