WINDS CHANT, A SENIOR HOUSING DEVELOPMENT SITE...Up to 8 development lots available for ALF (138 Units), senior apartments (180 Units), independent living (150 Units), medical/retail

PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

[email protected] #SL3083110

CHRIS BUTERACHRIS BUTERA Winds Chant, a master planned senior housing development site in Palm Coast, FL (Flagler County)

Up to 8 development lots available for ALF (138 Units), senior apartments (180 Units), independent living (150

Units), medical/retail outparcels

Lots can be subdivided and developed individually

Opportunity to bring a Continuing Care Retirement Community to the market

All zoning is in place to allow immediate development

Lots can be delivered fully engineered

Exceptional location along US Hwy 1, just south of Palm Coast Parkway

Huge demand for senior housing of all types in Flagler County

PRESENTED BPRESENTED BYY::

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for itscorrectness.

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

FOR SALE | LAND

WINDS CHANT, A SENIOR HOUSING DEVELOPMENT SITE

57XX N US Hwy 1 | Palm Coast, FL 32137

WINDS CHANT, A SENIOR HOUSING DEVELOPMENT SITE | 50.0 ACRES | PALM COAST, FL

DISCLAIMER


The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.


TABLE OF CONTENTS


1. 4PROPERTY INFORMATIONExecutive Summary 5

Property Highlights 6

Site Plan 7

Pricing Overview 8

2. 9LOCATION INFORMATIONLocation Map 10

Satellite Map 11

Regional Map 12

City Information 13

3. 14LOT DETAILSBirds Eye Conceptual 15

Lot 6 - Senior Apartments (180 Units) 16

Lot 7 - ALF/Memory Care (138 Units) 17

Lot 8 - Independent Living (150 Units) 18

4. 19DEMOGRAPHICSDemographics Map 20

Demographics Report 21

5. 22ADVISOR BIOSAdvisor Bio & Contact 23

1 PROPERTY INFORMATION


SSALE OALE OVERVERVIEWVIEW PROPERPROPERTTY DESCRIPTIONY DESCRIPTION

Winds Chant is a 50 acre senior housing development site in Palm Coast, FL(Flagler County). It represents an incredible opportunity to bring a variety of seniorhousing options to an underserved market. The 50 acre site has been masterplanned to include Assisted Living/Memory Care (138 Units), Independent Living(150 Units), Senior Apartments (180 Units) and five outparcels for various medicaland retail related services.

Winds Chant can be sold in bulk or subdivided into the 8 planned lots. Thedevelopment program allows flexibility to suit a developers needs. Each lot hasbeen designed to provide a key component of the senior living experience.

The site is located on US Hwy 1, just 0.5 miles south of Palm Coast Parkway (theprimary east-west thoroughfare in Flagler County). Visibility is tremendous withover 2,000 feet of frontage along US Hwy 1. Winds Chant has the potential to bethe premier senior housing development in all of Flagler County.

Winds Chant offers the opportunity for a developer to phase the project whilecontinuing to program and design the aesthetics, services and amenities acrossthe entire 50 acres. Contract broker for more details including programming, plansand amenities.

SALE PRICES: $500,000 - $3,000,000(See Pricing Overview)

PARCELS AVAILABLE: Up To 8 Parcels

TOTAL PROJECT SIZE: 50 Acres

APN #: 15-11-30-0000-01010-0000

ZONING: MFR-2, COM-2(City Of Palm Coast)


SECTION 1 | PROPERTY INFORMATION

Executive Summary

5All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.


PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

• Winds Chant, a master planned senior housingdevelopment site in Palm Coast, FL (Flagler County)

• Up to 8 development lots available for ALF (138 Units),senior apartments (180 Units), independent living (150Units), medical/retail outparcels

• Lots can be subdivided and developed individually

• Opportunity to bring a Continuing Care RetirementCommunity to the market

• All zoning is in place to allow immediate development

• All utilities are available to site

• Lots can be delivered fully engineered

• Exceptional location along US Hwy 1, just south of PalmCoast Parkway

• Huge demand for senior housing of all types in FlaglerCounty



Property Highlights




Site Plan


LLoot #t # SizSize (Ae (ACC)) ZZoningoning Sale PricSale Pricee SStatatustus DescripDescriptiontion

1 1.5 COM-2 $500,000 Available Medical/Retail Outparcel





6 8.0 MFR-2 $2,500,000 Available Senior Apartments, 180 Units

7 5.0 MFR-2 $2,500,000 Available Assisted Living, 138 Units

8 10.0 MFR-2 $3,000,000 Available Independent Living, 150 Units



Pricing Overview

2 LOCATION INFORMATION



LLOCOCAATION DESCRIPTIONTION DESCRIPTION

West side of US Hwy 1, 0.5 miles south of Palm Coast Pkwy


SECTION 2 | LOCATION INFORMATION

Location Map



Satellite Map



57XX N US Hwy 1



Regional Map

Palm Coast, FL



City Information


City HighlightsOne of Florida's newest cities (Incorporated 1999) and

the most populous city in Flagler County

Situated on 70 miles of saltwater and freshwater canals

Just minutes from the pristine Atlantic Ocean beaches

and Intracoastal waterway

City amenities include parks and trails, 125 miles of

walking/bicycling paths, abundant fishing and boating,

world class golf

Flagler County was the fastest growing County in the

United States from 2004-2007

Part of the Deltona-Daytona Beach-Ormond Beach MSA

Palm Coast is ideally situated along the Atlantic between St.

Augustine and Daytona Beach, each just 30 minutes away. Orlando

and Jacksonville can be reached in one hour. Unlike parts of Florida

further south which are populated during the winter months by snow

birds, the majority of Palm Coast's residents are full time. Palm

Coast's population is currently above 80,000 residents and continues

to grow.

Conceived in 1969 by the ITT Corporation as a massive retirement

community, Palm Coast really hit its stride during the 2000's. Its

population exploded during that decade fueling tremendous

residential and commercial growth. During the boom times Palm

Coast and Flagler County were recognized as the fastest growing area

in the entire United States. This region remains one of the last

frontiers of development in Florida, with prices well below other

coastal parts of the state. The opportunity for tremendous upside is

here.

While Palm Coast is seeing an influx of younger families, its base

remains primarily retirees. Limited senior housing options exist in the

market today providing a wonderful opportunity for developers.

3 LOT DETAILS




SECTION 3 | LOT DETAILS

Birds Eye Conceptual




Lot 6 - Senior Apartments (180 Units)




Lot 7 - ALF/Memory Care (138 Units)




Lot 8 - Independent Living (150 Units)

4 DEMOGRAPHICS



SECTION 4 | DEMOGRAPHICS

Demographics Map


POPULAPOPULATIONTION 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES

TOTAL POPULATION 2,059 52,398 87,497

MEDIAN AGE 42.6 46.1 46.3

MEDIAN AGE (MALE) 42.8 45.0 45.4

MEDIAN AGE (FEMALE) 42.7 46.8 46.8

HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES

TOTAL HOUSEHOLDS 798 20,239 33,963

# OF PERSONS PER HH 2.6 2.6 2.6

AVERAGE HH INCOME $54,179 $55,037 $59,215

AVERAGE HOUSE VALUE $225,812 $261,088 $304,292


* Demographic data derived from 2010 US Census

1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES

TTootal householdstal households 798 20,239 33,963

TTootal pertal persons per hhsons per hh 2.6 2.6 2.6

AAvvererage hh incage hh incomeome $54,179 $55,037 $59,215

AAvvererage house vage house valuealue $225,812 $261,088 $304,292

1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES

TTootal populatal populationtion 2,059 52,398 87,497

MMediaedian agen age 42.6 46.1 46.3

MMediaedian age (n age (malemale)) 42.8 45.0 45.4

MMediaedian age (n age (ffemaleemale)) 42.7 46.8 46.8


SECTION 4 | DEMOGRAPHICS

Demographics Report

5 ADVISOR BIOS



SECTION 5 | ADVISOR BIOS

Advisor Bio & Contact


Chris ButeraPrincipalSVN | Alliance Commercial Real Estate Advisors

Chris Butera is a Principal with SVN Alliance. Chris specializes in thepackaging and sale of land/development sites, off marketacquisitions, retail and investment properties.

During a real estate career that spans more than 15 years, Chris hasbeen involved in numerous developments/acquisitions across CentralFlorida including oceanfront condominiums, residential subdivisions,retail shopping centers and office buildings. He has a deep knowledgeof the entitlement and development process.

Prior to starting SVN Alliance, Chris was a Vice President with NAIRealvest in Orlando. He was also a Senior Vice President with IBISDevelopment specializing in off-market retail acquisitions for a selectgroup of high net-worth clients. Prior to that he was involved as aprincipal or consultant with multiple land development projectsacross Volusia and Flagler Counties.

Chris has worked as a broker, developer and consultant and is able tomanage all three disciplines for the benefit of his clients and projects.

He remains active with ICSC and is on the Board of Directors for theVolusia Building Industry Association. Butera resides in OrmondBeach, FL with his wife and two young children.Phone: 386.301.4584

Email: [email protected]

Memberships & Affiliations

International Council of Shopping CentersVolusia Building Industry Association (Board ofDirectors)Ormond Beach Chamber of Commerce (2014President)

FL #SL3083110

Fax: 386.206.1735

Cell: 386.453.4789

Address: 1275 West Granada Boulevard

Suite 5B

Ormond Beach, FL 32174

Documents

WINDS CHANT, A SENIOR HOUSING DEVELOPMENT SITE...Up to 8 development lots available for ALF (138 Units), senior apartments (180 Units), independent living (150 Units), medical/retail