Opportunity at Cherokee Village
Investment & Repositioning Opportunity
Brookwood Advisors has been retained by American Land Company to secure a Joint Venture/Capital Partner for the next generation development of one of the nation’s first master planned recreation communities. This is a unique opportunity to leverage the Developer’s assets including a 10,000+ residential lot inventory, mixed-use town center and 400+ acres of strategically located prime development tracts.
The well-established 13,000-acre community with 4,700 full-time residents includes seven lakes, a scenic river, two 18-hole golf courses, three recreation centers, 30 parks and a 5,200-foot airstrip set among the rolling hills of the Ozarks wilderness. The community’s mild climate and four distinct seasons provide a dramatic backdrop of natural beauty throughout the entire year.
The community’s strong foundation and strategic positioning provides a tremendous opportunity to create a range of highly profitable product offerings including:
- Residential lot sales & home building program
- Centrally located mixed-use & commercial development
- New hotel/lodging/hospitality facilities
- Timeshare/camp/cabin development platform
Residential Lot Inventory
The 10,000+ residential lot inventory is ready-to-sell with no additional infrastructure costs and minimal inventory holding costs. Average lot size is 1/3 acre, each with access to water and electricity. Lots are wooded in rolling countryside and are fronted by public roads / right-of-ways. Developer has no financial obligations related to community infrastructure or recreation amenities. Individual lots are assessed by the Suburban Improvement District (SID) that owns and is responsible for maintaining community infrastructure and recreation amenities. City maintains fire and police protection.
400+ acres of land parcels are available to be planned and packaged for new commercial, office, retail, multi-family, and mixed-use development. Parcels are situated in desirable and high-visibility locations adjacent to the lakes, recreation centers, and golf course properties.
Mixed-Use Town Center
25,000 square feet of office and retail space, being repositioned as the revitalized core of Cherokee Village, are welcoming new tenants and users as the buildings form the keystone of a revitalized town center district with new public and private facilities.
Cherokee Village is strategically located as the first resort and recreation destination on the eastern edge of the Arkansas Ozarks, well known for its rolling hills and abundance of rivers providing crystal clear water ideal for fishing and water recreation. Within four hours drive there are 8 million people in 3 million households.
For 60 years, Cherokee Village has been a recreation destination for families who love the outdoors. For the modern family, Cherokee Village is a retreat for families seeking a simpler time where they can connect with nature and each other.
For more information contact Mark Troen at (561) 855-4415