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Aug 25, 2016 1:07 EST

AN INVESTMENT WITH EQUITY – MORTGAGE BACKED SECURITY: Black’s Island LLC – Private Island in the Gulf of Mexico consisting of 26 three-bedroom bungalows connected by a boardwalk, a clubhouse/restaurant, heliport, health spa, swimming pool/ hot tub, tennis court and putting greens, private beaches of pristine, white sand

iCrowdNewswire - Aug 25, 2016

Black's Island LLC Logo

Black’s Island LLC

Port St. Joe, FL 32456, US
Real Estate
www.blacksisland.com

Private Island in the Gulf of Mexico consisting of 26 three-bedroom bungalows connected by a boardwalk, a clubhouse/restaurant, heliport, health spa, swimming pool/ hot tub, tennis court and putting greens, private beaches of pristine, white sand.

AN INVESTMENT WITH EQUITY – MORTGAGE BACKED SECURITY.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Seeking investors for 50% equity in Private Island Resort. Entire facilities are new and business start-up is possible in three months. There are several different business plans that can be implemented, depending on the new investors directive.

Products / Services

Recently Developed – Private Island Vacation Resort

The 7.2 acre island is set in the pristine waters of the St. Joseph Bay, Florida. Accessible by boat, seaplane or helicopter, this island has recently been developed into a magical, secluded paradise retreat, complete with world-class accommodations and amenities. The property sits ten minutes from the mainland, with available Ferry service and there are two airports within 22 miles. Black’s Island includes on-site dockage for vessels drawing four foot and less and a regulation size helicopter pad. Twenty-six 3-Bedroom Bungalows make this the ideal destination for vacationing families or special occasions such as a wedding, business retreat or family reunion. There is a 6500 sq. ft. Big Game Clubhouse with 4 separate lounge areas, a full service restaurant and bay level cafe as well as a swimming pool, health spa and fitness area. Enjoy the putting greens with sand traps, water sports, snorkeling, fishing and more.

Seeking investors for 50% equity in Private Island Resort.

 

Management

Chief Executive Officer
William (Bill) Koran

Graduated Duke University in 1976 with a B.A. in management science. Fourteen years experience in development, management and ownership of CAMP NAUTILUS, an environmental sea camp for boys 8-16. Purchased Black’s Island in 1979. March 1983 to present, designed and built 140 acre Air Park. Owned and operated a Scuba Dive Store for 17 years. Simultaneously, built and opened Captain Black’s Marine and Dive shop, specializing in boat & motor sales and repairs, custom built dive boats and tourist retail. Twenty years ownership and management of The Port Inn and Restaurant. Designed and built several high end custom homes. Began work in 2004 on Black’s Island Project, installing underground power to island and permitted water/sewer for island project. 2005 to present – Designed and built 40,000+ feet of resort.

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue

 

Company Age Employees Sub-Industry
36 years, 11 months 6 REIT – Residential

 

Company Type Stock Exchange Stock Symbol
Privately-Held
Contact Information:

Bill Koran

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