Download pdf - Moody River Estates...Moody River Estates is located in North Fort Myers on Hancock Bridge Parkway one mile west of US 41. Just minutes from Downtown Fort Myers and a short drive to

MoodyRiverEstates isaprivate,gatedcommunityofferingresidentsaquiet,tranquillifestyleinariverfrontsetting.HomeoptionsatMoodyRiverEstatesincludecoachhomes,carriagehomes,andsingle-familyhomes.Thenostalgic-naturalbeautyisabundantbehindthegatesofMoodyRiverEstateswithnaturepreserves,walkingtrails,andsprawlingbanyantreesthatareupto100years-old.MoodyRiverEstatesisoneoftherareclassA,gulfaccesscommunitiesinthearea.Thesearethelast7(44Units)buildablesitesinacommunitywith775homes.AmenitiesatMoodyRiverEstatesincludeaclubhouse,fitnesscenter,twopools,tennis,basketball,billiards,businesscenter,theatre,playground,andwalkingtrails.AmenitiesarehighlightedbytheexclusiveboatlaunchthatoffersgulfaccessviatheCaloosahatcheeRivertotheGulfofMexicotoallMoodyRiverEstatesresidents.MoodyRiverEstatesislocatedinNorthFortMyersonHancockBridgeParkwayonemilewestofUS41.JustminutesfromDowntownFortMyersandashortdrivetoSanibel/CaptivaIslands,FortMyersBeaches,Naples,BonitaSprings,PineIsland,FortMyersInternationalAirport,andBostonRedSox&MinnesotaTwinsSpringtrainingstadiums.

Moody River Estates (44 Units Ready to Build)

Moody River Estates 44 Unit Opportunity

$45,500 per door (cost of land)Price: $2,002,000.00

Per Door Price: $45,500.00

Shovel/Permit Ready @ time of closing

All plans have been updated and to latest codes

Surveys/Site Plans CompleteAll infrastructure in

Lots Cleared (7” below final grade)

All Building Sites are Lakefront

$2,063,600.00

46,900.00

MOODYRIVERESTATES8PLEXBREAKDOWN(32TotalUnits)

SITE# STREETNAME UNIT CITY ZIP UNITCOSTPROJECTED

RESALEPRICE

COMMISSION

(5%TOTAL)

ADDT'L

CLOSING

EXPENSES

NETPROCEEDS

OFSALE

13240 SILVERTHORNLOOP 1201 NORTHFORTMYERS 33903 46,500.00$ 209,500.00$ 10,475.00$ 3,142.50$ 195,882.50$
































TOTALCOSTFORALL4PADS(32UNITS): 1,488,000.00$ 7,656,000.00$ 382,800.00$ 114,840.00$ 7,158,360.00$

BUILDCOSTPER8PLEX: $1,177,447.00

TOTALBUILDCOST4PADS(32UNITS): $4,709,788.00

TOTALCOSTFORPROJECT: 6,197,788.00$

TOTALOFGROSSPROJECTEDSALESPRICE: 7,656,000.00$

TOTALOFNETSALEPRICE: 7,158,360.00$

PROJECTEDRETURNONINVESTMENT: 960,572.00$

PROJECTEDROI%: 15.50%

MOODYRIVERESTATES4PLEXBREAKDOWN(12TotalUnits)

SITE# STREETNAME UNIT CITY ZIP UNITCOSTPROJECTED

RESALEPRICE

COMMISSION

(5%TOTAL)

ADDT'L

CLOSING

EXPENSES

NETPROCEEDSOF

SALE

3180SEATRAWLER

BND1401

NORTHFORT

MYERS33903 46,500.00$ 309,500.00$ 15,475.00$ 4,642.50$ 289,382.50$

3180SEATRAWLER

BND1402

NORTHFORT

MYERS33903 46,500.00$ 354,500.00$ 17,725.00$ 5,317.50$ 331,457.50$

3180SEATRAWLER

BND1403

NORTHFORT

MYERS33903 46,500.00$ 309,500.00$ 15,475.00$ 4,642.50$ 289,382.50$

3180SEATRAWLER

BND1404

NORTHFORT

MYERS33903 46,500.00$ 354,500.00$ 17,725.00$ 5,317.50$ 331,457.50$

3191SEATRAWLER

BND1601

NORTHFORT

MYERS33903 46,500.00$ 309,500.00$ 15,475.00$ 4,642.50$ 289,382.50$

3191SEATRAWLER

BND1602

NORTHFORT

MYERS33903 46,500.00$ 354,500.00$ 17,725.00$ 5,317.50$ 331,457.50$

3191SEATRAWLER

BND1603

NORTHFORT

MYERS33903 46,500.00$ 309,500.00$ 15,475.00$ 4,642.50$ 289,382.50$

3191SEATRAWLER

BND1604

NORTHFORT

MYERS33903 46,500.00$ 354,500.00$ 17,725.00$ 5,317.50$ 331,457.50$

3181SEATRAWLER

BND1701

NORTHFORT

MYERS33903 46,500.00$ 309,500.00$ 15,475.00$ 4,642.50$ 289,382.50$

3181SEATRAWLER

BND1702

NORTHFORT

MYERS33903 46,500.00$ 354,500.00$ 17,725.00$ 5,317.50$ 331,457.50$

3181SEATRAWLER

BND1703

NORTHFORT

MYERS33903 46,500.00$ 309,500.00$ 15,475.00$ 4,642.50$ 289,382.50$

3181SEATRAWLER

BND1704

NORTHFORT

MYERS33903 46,500.00$ 354,500.00$ 17,725.00$ 5,317.50$ 331,457.50$

TOTALCOSTFORALL3PADS(12UNITS): 558,000.00$ 3,984,000.00$ 199,200.00$ 59,760.00$ 3,725,040.00$

BUILDCOSTPER4PLEX: 847,472.00$

TOTALBUILDCOST3PADS(12UNITS): 2,542,416.00$

TOTALCOSTFORPROJECT: 3,100,416.00$ TotalProjectCost: 9,266,204.00$

TOTALOFGROSSPROJECTEDSALESPRICE: 3,984,000.00$ TotalNetSales: 10,883,400.00$

TOTALOFNETSALEPRICE: 3,725,040.00$ ProjectedReturn: 1,585,196.00$

PROJECTEDRETURNONINVESTMENT: 624,624.00$ ProjectedROI: 17%

PROJECTEDROI%: 20.15%

Moody River EstatesEstimatedSalesAnalysisByFloorplan (44totalUnits)

8Plex FloorPlans(4total)CarriageHomes

UNDERAIR(SQFT)

Total(SQ FT)

Sale Price/PerSQFT(UnderAir)

Bed/Bath/Garage SALEPRICE

CAUSEWAY 1378 1769 $152.00 2/2/1+Den $209,500.00

CAPTIVA(2ndFloor) 1385 1782 $151.00 2/2/1+Den $209,500.00

BRIDGEPORT(2ndFloor) 1621 2003 $153.00 2/2/1+Den $249,000.00

MARATHON 1829 2292 $158.00 3/2/1+Den $289,000.00

4Plex FloorPlans(2total)CoachHomes

UNDERAIR(SQFT) Total

(SQ FT)Sale Price/PerSQFT

(UnderAir)Bed/Bath/Garage SALEPRICE

VERANDA 2187 2894 $141.00 3/2/2+Den $309,500.00

BROOKSIDE(2ndFloor) 2633 3302 $134.50 3/2/2+Den $354,500.00

FloorPlansTotalUnitsAvailable PreSales FloorPlans

GrossSales

CAUSEWAY 8 $209,500.00 1st FloorUnit $1,676,000.00

CAPTIVA 8 $209,500.00 2nd FloorUnit $1,676,000.00

BRIDGEPORT 8 $249,000.00 2nd FloorUnit $1,992,000.00

MARATHON 8 $289,000.00 1stFloorUnit $2,312,000.00

VERANDA 6 $309,500.00 1st FloorUnit $1,857,000

BROOKSIDE 6 $354,500.00 2nd FloorUnit $2,127,000

TotalEstimatedGrossSales

$11,640,000

Moody River Estates (Floor Plans)

• Causeway- Thesefirstfloorunitsare1378squarefeetunderairand1769squareft total.Featuring2bedrooms,2baths,den/study,1cargarage,interiorlaundryroom,largescreenedporch,and1cargarage.Additionalfeaturesinclude:Masterbedroomwithwalk-incloset,dualvanitiesinmasterbath,walk-inshower,andspaciouskitchenwithbreakfastbaroverlookingdiningandlivingarea.

• Captiva- Thesesecondfloorunitsare1385squarefeetunderairand1782squarefeettotal.Featuring2bedrooms,2baths,den/3rd

bedroom,1cargarage,interiorlaundryroom,largescreenedporch,and1cargarage.Additionalfeaturesinclude:Masterbedroomwithwalk-incloset,dualvanitiesinmasterbath,walk-inshower,andspaciouskitchenwithbreakfastbaroverlookingdining,andlivingarea.

• Bridgeport- Thesesecondfloorunitsare1621squarefeetunderairand2003squarefeettotal.Featuring2bedrooms,2baths,den/3rd

bedroom,1cargarage,interiorlaundryroom,largescreenedporch,and1cargarage.Additionalfeaturesinclude:Masterbedroomwithwalk-incloset,dualvanitiesinmasterbath,walk-inshower,spaciousgalleystylekitchenwithlargeislandoverlookinglivingarea,breakfastnook,pantry,andseparatediningarea.

• Marathon- Thesefirstfloorunitsunitsare1829squarefeetunderairand2292squarefeettotal.Featuring3bedrooms,2baths,den,interiorlaundryroom,largescreenedporch,and1cargarage.Additionalfeaturesinclude:Masterbedroomwithwalk-incloset,dualvanitiesinmasterbath,walk-inshower,spaciousgalleystylekitchenwithlargeislandoverlookinglivingarea,breakfastnook,pantry,andseparatediningarea.

• Veranda- Thesefirstfloorunitsunitsare2187squarefeetunderairand2894squarefeettotal.Featuring3bedrooms,2baths,den,interiorlaundryroom,largescreenedporch,and2cargarage.Additionalfeaturesinclude:Masterbedroomwithwalk-incloset,secondclosetinmaster,dualseparatevanitiesinmasterbath,walk-inshower,gardentub,spaciouskitchenwithlargepeninsulaoverlookinglivingarea,&diningarea/breakfastnook,andwalk-inpantry,foyer,

• Brookside- - Thesesecondfloorunitsunitsare2633squarefeetunderairand3302squarefeettotal.Featuring3bedrooms,2baths,den/optional4th bedroom,interiorlaundryroom,largescreenedporch,and2cargarage.Additionalfeaturesinclude:Masterbedroomwithtwowalk-inclosetsinmaster,l-shapeddualvanitiesinmasterbath,walk-inshower,gardentub,spaciouskitchenwithlargepeninsulaoverlookinglivingarea&breakfastnook,walk-inpantry,separatediningarea,andlargefoyer.

Moody River Estates (Build Sites & Photos)

TRACT "C"

TRACT "E""MOODY RIVER ESTATES"P.B. 79, PAGE 60)

TRAC

T "E"

"MOO

DY RI

VER E

STAT

ES"

P.B. 7

9, PA

GE 60

)

17.5'

25.0'

20.2'

15.9'

21.7'

20.0'FRONTYARDSETBACK


21.2'

23.5'

17.0'

Professional Engineers, Planners, & Land SurveyorsServing The State Of Florida

BANKSENGINEERING

####

LEE COUNTY, FLORIDACARRIAGE HOMES III AT MOODY

SITE PLAN (EXHIBIT)

Moody River Estates (Build Sites & Photos)

MOODY

ROAD

(66' W

IDE RI

GHT-OF

-WAY)

(C.C.M

.B. 6,

PAGE

355)

24 25

MOODY

ROAD

(66' W

IDE RI

GHT-OF

-WAY)

(C.C.M

.B. 6,

PAGE

355)

WH

WH

WH

22.7'


21.1'

18.2'

20.2'

19.1'19.1'

21.7'

Professional Engineers, Planners, & Land SurveyorsServing The State Of Florida

BANKSENGINEERING

####

LEE COUNTY, FLORIDACOACH HOMES V AT MOODY

SITE PLAN (EXHIBIT)

PHOTOS

(4)8PLEXLOTS

COMMUNITYBOATDOCK COMMUNITYPLAYGROUND

LAKEFRONTGAZEBO

COMMUNITYDOCK

CLUBHOUSEPOOLVIEW LAKEFRONTGAZEBO

COMMUNITYPOOL CLUBHOUSE

8PLEXLANDPHOTO

8PLEXLANDPHOTO 8PLEXLANDPHOTO(LAKEVIEW)

ADJACENTUNITS

$1,177,747.00

Yellow=BidSubmitted PAID

Description Cost Description Cost

A.C.MaterialsandInstall $44,800.00 Mirrors $1,750.00

Appliances $12,000.00 Medicinecabinets $3,600.00

Blueprints&Engineering $9,682.00 asof08/20 MetalFramingMaterial $8,800.00

BuildersRiskInsurance $28,000.00 MetalFramingLabor $7,500.00

Cabinets $30,000.00 Painting $30,500.00

CarpetandVinyl $33,600.00 Permitting $10,510.00

Cleaning $4,800.00 Plumbing $57,240.00

Compaction $800.00 Railing $4,000.00

LayoutthruFraming(SHELL) $220,000.00 RoofingMaterials-Tile $33,322.00

ConcreteDriveway $9,000.00 RoofingLabor $17,550.00

DrywallLaborandMaterials $49,600.00 ScreenEnclosures $4,000.00

Dumpster $1,300.00 Sewerlinehookup $1,500.00

Electricallabor&materials $78,950.00 Shelving(wire) $2,500.00

ElectricduringConst. $1,000.00 ShowerEnclosures $4,800.00

Electric hookups (U.G. or

Extended) Sprinklers/Irrigation $4,000.00

ExteriorDoors $8,480.00 Sod-incl.inlandscape#'s

FillandGrade $13,000.00 Soffit&Fascia $6,000.00

FireSprinklers $23,345.00 Stucco $52,100.00

FramingLabor $90,000.00 Surveys $1,500.00

Framinglumber $39,100.00 TemporaryPortableToilets $600.00

GarageDoors $5,760.00 Termitetreatments $600.00

GraniteCountertops $23,385.00

Tile Flooring & Wet Areas - Labor &

Mat. $18,000.00

Gutters $5,610.00 TrimLumber $3,826.00

Hardware-Int.&Ext.Doors $2,633.00 TrimLabor $8,500.00

ImpactFees $48,336.00 Trusses $37,575.00

Insulation $9,600.00 WateruseduringConstruction $1,200.00

InteriorDoors $8,025.00 WaterHookup $1,200.00

Landscaping $8,000.00 Windows&SGD-Impact $53,950.00

Lighting&Fans $3,200.00

SUBTOTAL $1,177,447.00

Sq.Footage:

A=2621liv.2003total EXPENSE

B=1385liv.1782total Overheadoperatingcost

C=1829liv.2292total AdinistrativeFees

D=1378liv.1796total

TOTALCOSTANDEXPENSE

GroffBuildingContractorsLLC

MoodyRiverEstates-8plexConstruction

$847,472.00

BIDSUBMITTED PAID

Description Cost Description Cost

A.C.MaterialsandInstall $21,393.00 Mirrors $1,154.00

Appliances $8,400.00 Medicinecabinets $650.00

Blueprints&Engineering $9,682.00 PAID InteriorMetalFramingMaterial $5,000.00

BuildersRiskInsurance $15,000.00 MetalFramingLabor $4,000.00

Cabinets $16,000.00 Painting $23,600.00

CarpetandVinyl $28,000.00 Permitting $6,620.00

Cleaning $2,400.00 Plumbing $33,680.00

Compaction $800.00 Railing $2,000.00

LayoutthruTiebeam $175,000.00 RoofingMaterials-Tile $28,400.00

ConcreteDriveway $7,000.00 RoofingLabor $14,500.00

DrywallLaborandMaterials $27,600.00 ScreenEnclosures $3,600.00

Dumpster $2,500.00 Sewerlinehookup $1,500.00

Electricallabor&materials $39,195.00 Shelving(wire) $1,978.00

ElectricduringConst. $1,000.00 ShowerEnclosures $1,360.00

top 1360 /

lower1060.

Electric hookups (U.G. or

Extended) Sprinklers/Irrigation $3,200.00

ExteriorDoors $9,600.00 Sod $3,800.00

FillandGrade $6,000.00 Soffit&Fascia $3,500.00

FireSprinklers $18,960.00 Stucco $51,000.00

FramingLabor $60,000.00 Surveys $1,500.00 PAID

Framinglumber $25,715.00 TemporaryPortableToilets $800.00

GarageDoors $4,412.00 Termitetreatments $500.00

GraniteCountertops $13,205.00

Tile Flooring & Wet Areas- Labor &

Mat. $19,000.00

Gutters $5,200.00 TrimLumber $1,780.00

Hardware-Int.&Ext.Doors $1,600.00 TrimLabor $7,000.00

ImpactFees $24,168.00 Trusses $39,812.00

Insulation $6,780.00 WateruseduringConstruction $1,000.00

InteriorDoors $6,000.00 WaterHookup $1,200.00

Landscaping $5,000.00 Windows&SGD-Impact $54,110.00

Lighting&Fans $1,800.00

SUBTOTAL $847,472.00

SquareFootage:

Lower:2187liv.2884Total

Upper:2633Liv.3302Total

MoodyRiverEstates-4plexConstruction

Moody River Estates (Neighborhood Market Analysis)

Moody River Esta!s "(New Cons&uc$on Market Analysis)

Moody River Estates (Marketing Plan)

• Whenfloorplansareapprovedbyarchitect,engineer,andseller. 3D-Colorfloorplansandrenderingsmadeformarketingcollateral.

• PropertyspecificwebsiteexclusivelyforMoodyRiverEstates(44Unit)projectwillbebuilt.Atthesametimewebsiteisbeing built,socialmediaaccounts(Facebook,Instagram,Twitter,Pinterest,Youtube/Vimeo etc.)willbedesignedandcreated.

• 3DVideo/Slideshowmadetohighlightproject&floorplans.Thiswillbeincludedonsocialmediaoutlets,website,andprovided toaffiliates(realestatebrokerages,titlecompanies,mortgagecompanies,etc.)sotheycandisplayattheirrespectiveoffices.

• Billboardwillbedesignedandstrategicallydisplayedindesignatedlocationincloseproximitytolistinginhightrafficlocationwheremaximumexposurewillbeattained.

• Landingpagesandclickfunnelpageswillbebuilttodrivetraffictowebsitevia:promotionsforrealtors,incentivesforbuyers,andvariousotherpromotionalavenues.

• Propertywillbedistributedthroughvarioussocialmediachannels:(facebook,instagram,pinterest,youtube/vimeo,twitter,etc.)onadailybasis.

• Callsourcenumberswillbeusedonallmarketingchannels(digital&print)inordertotrackleadsourcesanddesignatewhatmarketingchannelsareproducingthedesiredresults.

• Newslettersprovidingupdates&promotionswillbesentdigitallyonaweeklybasis.Thiswillcontinuetobemarketedthroughthesevariouschannelsthroughoutdurationoflisting.

• Photosandvideosdescribedabovewillbeusedtodrivetraffictoproperty,andwillbeusedtoincreaseoverallexposureof propertylocallyandnationally.

• Inadditiontosocialmedia,listingwillbepublishedonnumerouswebsitesincluding;zillow,trulia,realtor.com,anddozensofotherwebsitesaffiliatedwithRoyalPalmCoastMLS.Propertywillalsobedistributedon15+additionalwebsitesincludingIMLS(InternationalMLS).Thesewebsitesincludeplatformstomarketprojectinternationally.

• Includedinsocialmediapackagewillbepaidads.Thatwillbemarketedonvariouschannelsdevisedtotargetspecificdemographicswhichbuyersareprocuredfrom.

• Propertieswillbehighlightedonvariousotheraffiliatewebsites

• Signagewillbeplacedatdesignatedaffiliatelocationstoincreaseoverallexposureoflisting(s).

Moody River Estates (Marketing Plan Continued)

• Propertieswillbeplacedinmarketingrotationoncraigslist(whichincludesmultipledailyposts&renewalofads).Thisisaveryeffectivemarketingtoolthathasbeenusedtoattainbuyerandrealtorleads.

• Abrokersopenhousewillbescheduledtogetallofthelocalbrokeragesinformedofproperty(s).Thiseventwillbeheldat adesignatedlocation.Cateringandmarketingcollateralwillbedistributed,andthatwillincludefliersforallinattendance.Wewill havealender/sponsorpresenttoaddressanyfinancingneeds/questionsfromprospectiveagents&theirbuyers.Beverages/Foodwillbeprovidedforall inattendance&willbeincludedininvitation(whichisalwaysadrawtogetpeopleinthedoor).

• Afterinitialbrokeropenhouse.Additionalopenhouseswillbehostedatdesignatedlocationsandwillbeopentopublic,as wellasrealtors/brokers.Theseeventswillbemoregearedtogeneralpublic.Toassistinprocuringbuyerleads.

• Mailerswillbesenttodesignatedaddresslists.BothinsidetheSouthwestFloridaCommunityandnationally.Forexample,a mailerwillbesenttoallresident/ownersintheMoodyRiverEstatescommunityofferingthemadiscountedlistingpromotion,ifthey’dlike to upgradetooneofthenewunitsbeingbuilt.Mailer(s)willalsobesenttoapartmentcomplexesintheareawithrentvs.buyingad.

• Onaweeklybasisreverseprospectingemailswillgoouttoallagentswhohavebuyersthathavereceivedlisting(s)intheir searchresults.

• Annualrentalanalysiswillbecreatedanddistributedviamarketingchannelsdescribedabovetodrivetrafficfrominvestor andportfoliobuyers.

• Affiliatecompanieswithintheindustry(Mortgage,title,andInsuranceetc.)willbeapproachedregardingcontributingdollaramountstobeexclusiveinsomecapacities.Thiswillhelptooffsetmarketingcostsandhelpgenerateleadsthroughtheseaffiliates.

• Onaweeklybasispropertyemailblastswillgoouttodesignatedlists(realtorsallovercountry,investmentgroups,andbuyer demographics)toincreaseexposureandleadgeneration.

• Relationshipswillbeestablishedwithlocalbusinessesinordertoplacemarketingcollateralinstoresetc.&alsohavethesebusinessesdonateitemsusedateventsandopenhouses.

• Listingagentwillapproachlocalcharitiesabouthelpingtoincreaseexposureatopenhouseeventsbydonationtolocalcharitiesatevents.Usinggiveawaysfromlocalbusinessaffiliates.

• Localevents(Festivals,ArtWalk,MusicWalk,andRedsox/TwinsSpringtraininggames)willbeattendedandapprovedcollateralwillbehandedout.Sponsorshipbooths/tableswillbeacquired&staffedbylistingagentateventsbeneficialtoleadgeneration.

• Aleadmanagementsystemwillbeimplementedbylistingagent&salesstafftotrackleaddataandsendfollowupprotocolsto. Thiswillhelptodecreasetheamountofmissedopportunitiestoconvertleads.Areportwillbepresentedtoseller(s)onamonthlybasis.

• Offsitesalesanddesigncenterwillbestaffedbyquality&knowledgeablestaffbetweendesignatedhours.Thesestaffmemberswillbehandpickedbylisting agent/sales agent.

• Theothermailertogoouttoallcurrentownerfortrade-upprogram&listingdiscountifnewunitispurchased…