Discover Condo Ownership

Orange Beach/Gulf Shores Alabama

The Orange Beach/Gulf Shores area is in an ideal location with over $20 million people living wthin 650 miles – a destination resort area easily accessible by major highways.

Our 32 miles of sugar white beaches is arguabley the best in the continentalUnited States. We have the only growing beach in this country. This growing (accruing) beach is comprised of a 6-8 mile stretch near the Alabama Gulf State Park to Perdido Key, Florida. Source –Dauphin Island Sea Lab Dr. Grosier.

Baldwin County Alabama is economically strong. In 2008 Baldwin County (primarily the Coastal Region ) had:

• 4.6 million Annual Visitors

Things To Do

2008 Baldwin CountyTourism Facts

4.6 Million Annual Visitors

$2.3 Billion Travel-related

Expenditures

41,567 Travel-related Jobs

$928 Million Travel-related Wages

Source: Economic Impact Report of Alabama Travel Industry 2008

2008 Lodging Revenue $1.1 Billion – 3%∆

Jefferson

18%$198

M1%∆

Baldwin

25%$279

M-1%∆

Madison9%

$96 M9%∆

Montgomery6%

$67 M5%∆

Mobile

10% $109

M5%∆

Source:Center for Business and Economic Development, Auburn University Montgomery

Lodging Rentals & Market Share

2008: $1.1 Billion, 1.2% growthBay

Panama City

19.2%$222 M1.9%∆

WaltonSandestinSeaside24.1%$277 M

3%∆

Okaloosa

Fort WaltonDestin18.6%$214 M-.9%∆

Santa Rosa

Navarre2.0%$23 M1.7%∆

Escambia

Pensacola

11.9%$137 M4.2%∆

BaldwinGulf

ShoresOrange Beach24.2%$279 M-1%∆

Source: Center for Business and Economic Development, Auburn University Montgomery, Haas Center for Business Research & Economic Development

City Size by Transient Lodging Units

Fort Myers – Sanibel16,400

Atlantic City15,000

Ft. Walton/Destin14,456

Alabama Gulf Coast16,044

Charleston, SC14,000

Daytona Beach, FL13,000

Source: DMAI 2008 profile

Brett/Robinson Brief History

• Established over 40 years• Began Selling Real Estate

– Homes– Land– Commercial Properties

• Started Our Trade Mark Work Ethic– Built a Family Tree of Customers

• Building Homes Early 70’s• Subdivisions

Brett/Robinson Brief History

• Coastal Area in Early 70’s

• Condo’s in 1979

• Completed 18 Buildings

• 1 Under Construction

Developments

• Island Winds East• Phoenix I• Phoenix II• Phoenix III• Phoenix IV• Phoenix V• Phoenix VI• Phoenix VII• Phoenix VIII• Phoenix East

• Phoenix East II• Phoenix X• Phoenix on the

Bay• Phoenix on the

Bay II• Phoenix All Suites• Phoenix All Suites

West• Phoenix IX• Phoenix West• Phoenix West II

Why the Name Phoenix

• Wanted the Name to be Different

• Phoenix Bird Rising out of the Ashes

• First Building had an old house that had burned out

• Name signifies resiliency, strength, and purpose

Typical Construction Types

The Brett/Robinson The Brett/Robinson Construction DifferenceConstruction Difference

Solid pre-cast pilings 75 feet in the ground

After pilings – the foundation

Steel ReinforcedConcrete Walls

Steel reinforced, concrete walls

separating each unit.

Thick, high

impact glass

Finished product withstands the elements and the test of time

How The Phoenix Buildings Perform

Debris from Ivan

Phoenix VII indoor pool after Ivan

Phoenix VII outdoor

pool after Ivan

Phoenix X lobby after Ivan

Phoenix X outdoor pool

after Ivan

Rental ProgramRental Program

• Leader on Alabama’s Gulf Coast

• 13% of Lodging Units and 23% of Lodging Business in Area.

Rental ProgramRental Program

• Ease of Owning– Full Service

Property Mgmt– Maintenance– Housekeeping– Bill Pay

Services– Open 24x7

Condo AssociationCondo Association

• You own the building

• We provide professional services with experience and knowledge

• Day-to-Day operations of the association

• Building cleaning, maintenance & books

In times of crisisIn times of crisis

• Preparation– Stage equipment– Agreements for

recovery– Secure the buildings

• Recovery– We’re a construction

company– Pics of recovery on

web site– Information on each

unit on web site– Call

• Where does the recovery money come from– Cash Reserves– Insurance– Home Owners

Cost of Owning

• Dues– Building

Utilities– Labor– Insurance– General

Maintenance– Cash

Reserves

• Special Assessments

• Personal Property Insurance

• Phone• Business

License • Taxes• Electricity

Condo’s vs. Securities

• Tangible• Estate Planning• Long term

growth

Status of Condo Market

• Hype – “Slow Market”– Fact – Over 13% of the 14,000

condos along the beach sold and closed in 2008!

– YTD 2009 – 6% through July.

• Hype – “Too many listings”– Fact – about 1,200 of the 14,000

condos along the beach are listed today. (Just 8.5%)

– Only 333 Gulf Front in a tower.– 10% annual turnover is normal.

Status of Condo Market

• Hype – “Nothing is selling”– Fact – Over 1,856 condo units

sold in 2008.– YTD 2009, 973 have sold.

(through July)

• Hype – “Overbuilding”– Fact - Only 2 buildings are under

construction along the beach.

Our Products

• Phoenix West

• Phoenix West II

• Phoenix on the Bay II

• Phoenix IX

Phoenix West

Phoenix West II

Phoenix West II Lazy River

Building Amenities

• Enclosed Parking

• Enclosed Walk Ways

• Elegant Lobbies

• Lazy River

• Indoor/Outdoor Heated Pools

• Hot Tubs/Fitness Center/Saunas

• Large Meeting Rooms

Building Amenities

• Spacious Floor Plans

• Floor-to-Ceiling Windows

• Whirlpool Tub in Master Bath

• Wet Bar with Ice Maker

• Crown Molding and Oversized Molding Throughout

• Upgraded Kitchen Package

Furnished Models Open

Phoenix on the Bay II (East Canal Rd)

Phoenix IX (Near FloraBama)

Phoenix WestPhoenix West II

Why Choose Brett/Robinson

Why Choose Brett/Robinson

• Over 40 years in the business• Full time agents

– 24 hrs– Agents on Duty 7 Days a Week

• Agents on site everyday• No one knows this market like we do

All Services Just One All Services Just One CompanyCompany

1. Developers

2. Sales

3. Construction

4. Building

Management

5. Rental

Management

How can you own?

• Cash• Bank Loan• 1031 Exchange• Partnering

Frequently Asked Questions

1. How much “out of pocket” expenses can I expect at closing?

2. How much are the monthly association dues and what do they pay for?

3. How much can I expect to pay for insurance on my condo?

4. What kind of rental income can I expect from my condo and how does it get booked?

5. How much are property taxes for my condo?

Questions