w w w. c o t t a g e c a m p u s P C B . c o m
LAGUNA BEACH RETREATTHE COTTAGE CAMPUS
22026 FRONT BEACH RD | PANAMA CITY BEACH, FL 32413
F O R S A L E
FRONT BEACH ROAD
BEACH RETREATOCEANSIDE CAMP SURROUNDED BY RESORTS, FAMILY ENTERTAINMENT, SHOPPING, AND OUTDOOR RECREATION!
The campus is on the sugar white sands of the Gulf of Mexico on the west end of the beach.
• 4.5 acres of private grounds
• Sleeps 598
• 42 family units/houses
• 5 swimming pools
• Full-sized basketball courts, Volleyball courts
• Gazebos
• 4 commercial kitchens with attached dining/meeting rooms
• Homestyle catering available
• 1 large meeting room
• 1 large food service kitchen
• On-site gift shops
• Walk-up grill
• 300’ of frontage along Front Beach Road
w w w. c o t t a g e c a m p u s P C B . c o m
LAKE POWELL PARKCARILLON BEACH
RESORTCAMP HELENSTATE PARK
SHARK’S TOOTHGOLF CLUB
PUBLIC BEACH ACCESS
BEACHES OF SOUTH WALTONSCENIC HWY 30A
PUBLIC BEACH ACCESS
Cottage 3
Cottage Store
HIGHWAY 30A
LAGUNA BEACH RETREAT
320 DAYS OF SUNSHINE
69O AVG. WINTER HIGH TEMP
5 NEARBY STATE TRAILS & PARKS
SHIPWRECK ISLAND AMERICA’S 3RD BEST WATER PARK
TRIPADVISOR2019 TOP 25 BEACHES
#3
NEARLY 11 MILLIONANNUAL VISITORS
Jordan Assembly Hall
Jer icho Dorm
Cottage 7
Bethel Dorm
PANA
MA CI
TY BE
ACH
ANNU
AL S
TATS
Public Beach Access Public Beach Access Public Beach Access
300’ OF FRONTAGE ALONG FRONT BEACH RD
LOCAL ATTRACTIONS
ACTIVITIES & PARKS EVENTS & CLUBS
Pier Park Seabreeze Jazz Festival
Frank Brown Park Gulf Coast Jam Music Festival
St. Andrews State Park SandJam Music Festival
Camp Helen State Park 30A Songwriters Festival
Point Washington Forest Shipwreck Island
Pine Log State Forest Shark’s Tooth Golf Club
Gulf World Marine Park Camp Creek Gold Club
COTTAGE CAMPUS MAP
FRONT BEA
CH R
D
COTTAGE CAMPUS MAP
26
SLEEPS 8
1 queen 1 sofa bed 4 bunks
PO
RC
H
25
SLEEPS 8
1 queen 1 sofa bed 4 bunks
18
SLEEPS 8
1 queen 1 sofa bed 4 bunks
PO
RC
H
17
SLEEPS 8
1 queen 1 sofa bed 4 bunks
20
SLEEPS 8
1 queen 1 sofa bed 4 bunks
PO
RC
H
19
SLEEPS 8
1 queen 1 sofa bed 4 bunks
PO
RC
H 28
SLEEPS 14
2 dbl beds 6 bunks 2 queens
27
SLEEPS 8
1 queen 1 sofa bed 4 bunks
PO
RC
H
22
SLEEPS 8
1 queen 1 sofa bed 4 bunks
21
SLEEPS 8
1 queen 1 sofa bed 4 bunks
PO
RC
H
24
SLEEPS 8
1 queen 1 sofa bed 4 bunks
23
SLEEPS 8
1 queen 1 sofa bed 4 bunks
7SLEEPS 12
4 dbl beds 4 bunks
PO
RC
H 15
SLEEPS 12
4 dbl beds 4 bunks
PO
RC
H
11
SLEEPS 8
1 queen 1 sofa bed 4 bunks
PO
RC
H
6SLEEPS 12
4 dbl beds 4 bunks
PO
RC
H
PO
RC
H 14
SLEEPS 6
2 dbl beds 1 sofa bed
12SLEEPS 6
2 dbl beds 1 sofa bed
ISRAEL CHAPEL
300 people
BATAAN AVENUE
SH
AS
TA S
TRE
ET
22026 FRONT BEACH ROAD Hwy 98-A
BELGRADE AVENUE
PORCH
16SLEEPS 12
4 dbl beds 4 bunks
KITCHEN
NAZARETH ASSEMBLY
( 200 people )
Staff A 1 dbl
2 bunks
Staff B 1 dbl
2 bunks
2 dbl beds Sleeps 4 KITCHEN
JORDAN ASSEMBLY
( 120 people )
JUDAH ASSEMBLY
( 70 people )
PORCH
33
SLEEPS 8
1 queen 4 bunks 1 sofa bed
PORCH
30
SLEEPS 8
1 queen 4 bunks 1 sofa bed
322 dbl beds 2 bunks
SLEEPS 6
312 dbl beds 2 bunks
SLEEPS 6
29B2 dbl beds 1 bunk
SLEEPS 5 29A2 queens 4 bunks
SLEEPS 8
341 dbl beds 14 bunks
SLEEPS 16
10
SLEEPS 8
1 queen 4 bunks 1 sofa bed
8
SLEEPS 25
4 dbl beds 17 bunk beds
Coin Laundry
5SLEEPS 6
2 dbl beds 1 sofa bed
4SLEEPS 6
2 dbl beds 1 sofa bed
41SLEEPS 22
3 dbl beds 16 bunks UP
40SLEEPS 22
3 dbl beds 16 bunks DOWN
39SLEEPS 22
3 dbl beds 16 bunks UP
38SLEEPS 22
3 dbl beds 16 bunks DOWN CAMP STORE
SONSHINE GRILL
WiFi Hotspot
352 dbl beds 9 bunks
SLEEPS 11
36
SLEEPS 22
4 dbl beds 2 sofa beds 10 bunks
37
SLEEPS 22
4 dbl beds 2 sofa beds 10 bunks
DOWN
UP
JERICHO DORM
SLEEPS 66
BETHEL DORM
SLEEPS 66
POOL
POOL
POOL
POOL
POOL
Basketball Volleyball
Court Basketball
Court
Bunk House 10 bunks
SLEEPS 10
Staff House 2 dbls, 1 bunk
SLEEPS 5
Volleyball Court
Efficiency Cottages 4, 5, 12, 14, 29-A, 29-B, 31, 32
1 Bedroom Cottages 2, 3, 9, 10, 11, 17, 18, 19, 20, 21 22, 23, 24, 25, 26, 27, 30, 33, 35
2 Bedroom Cottages 6, 7, 15, 16, 28
3 Bedroom Cottages 36, 37, 38, 39, 40, 41
Cottage 8 is a 4 bedroom
Volleyball Court
Gazebo
Gazebo
Gazebo
Public Access #91
2 miles to Main Office
Bus Parking
Public Access #92
Bus Parking
850-234-2502 www.christiancamp.com
WiFi Hotspot
WiFi Hotspot
Volleyball Court
Basketball Court
Goal
Goal
9
SLEEPS 8
1 queen 4 bunks 1 sofa bed
3
SLEEPS 8
1 queen 4 bunks 1 sofa bed
2
SLEEPS 8
1 queen 4 bunks 1 sofa bed
PROFORMA INCOME ANALYSIS
2016 2017 2018 2019(PROJECTED)
GROSS REVENUE $1,731,782 $1,758,764 $1,889,291 $2,130,743
COST OF GOODS SOLD $236,869 $237,538 $244,043 $275,232
GROSS INCOME $1,494,913 $1,521,226 $1,645,248 $1,855,511
EXPENSES $805,796 $803,431 $787,495 $979,983
NET OPERATING INCOME $689,117 $717,795 $857,753 $875,528
VALUATION RANGE
VALUE RANGE CAPITALIZATION RATE
$10,944,103 8.00%
$10,300,332 8.50%
$9,728,091 9.00%
$9,216,087 9.50%
$8,755,282 10.00%
Laguna Beach Retreat
The figures in these tables were provided by the seller, and are intended to represent reasonable approximations for the Cottage
Campus operations, which operations are a component of a larger asset which the seller
operates. The revenues and expenses shown are based on certain prorations and allocations, and assumptions for the remainder of 2019. You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE
ON IT IS SOLELY AT YOUR OWN RISK.
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.
CONTACT US
F O R S A L E
TOM WATSONVice President+1 850 527 [email protected]
ELIZABETH FORSYTHEAssociate+1 850 585 [email protected]
www.cottagecampusPCB.com
Laguna Beach Retreat
2019 DEMOGRAPHICS
5 minutes 10 minutes 20 minutes
Population 4,216 9,790 25,084
Average Household Income $79,407 $79,164 $79,648
Average Housing Value $296,142 $321,212 $326,316
Housing Units 3,616 11,649 25,985
Seasonal Population* 10,848 34,947 77,955*seasonal population estimated at 3 persons per housing unit
NORTHWEST FL BEACHES INTERNATIONAL AIRPORT
CAMP HELEN STATE PARK
FRANK BROWN PARK
DEER LAKE STATE PARKSeaside
Laguna Beach
Rosemary Beach
Panama City Beach
5 MIN
20 MIN
10 MIN