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Milagro hilton final

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  • 1. Master Plan – Milagro del Mar Beach Club Hotel
  • 2. Internationally Branded Resort Hotel • First Internationally Branded Hotel on Pacific Coast • Major Development for Nicaraguan Economy • Oceanfront Resort • 45 Minutes from Managua • 128 Guest Suites • Golf Course Already Open • Managed by Hilton • 3 – 5 Year Market Monopoly
  • 3. Master Plan – Milagro del Mar Beach Club Hotel
  • 4. Features and Amenities • 2 Swimming Pools • Dramatic Water Feature • 2 Restaurants and Bars • Exercise Facilities • Business Center • Golf Course and Tennis Courts • Equestrian Facilities • Surfing
  • 5. Financial Summary • Debt Service Covered at 45% Occupancy in Year 1 • Year 1 Average Daily Rate $145 • Debt Reduced as Condo-Hotel Suites are Sold • Debt Fully Retired After 66.4% of Suites are Sold • 10 Year Net Cash Flows Average $312,000 per Year • 10 Year Projected Net Income of $8.4 Million (All Phases)
  • 6. Current Status • Phase I Condominiums Under Construction • 68% Sold Out • $6 Million Invested to Date • Law 306 Approved Project • Infrastructure and Utilities Existing • $5.2 Million Land Valuation • Phase II Hilton Hotel Ready for Financing Package
  • 7. Lending Summary – Phase II Hotel • $27.7 Million Completed Market Value • $25 Million Capital Expenditure • $18 Million Loan Requirement, to Include: – Phase II Hotel Construction & Development – Amenities – 11 KM Permanent Entrance Road – Retirement of $1.3 Existing Debt • 3 – 5 Year Term
  • 8. Source and Use • $5.2 Million Land Valuation • $6.0 Million Invested in Project to Date $11.2 Collateral Available • $5.0 Closing - Road, Architecture, Debt Retirement and Working Capital • $11.5 Disbursed During Construction of Hotel • $ 1.5 Interest Reserve $18.0 Total Financing Package
  • 9. Central Pacific Coast
  • 10. Amenities
  • 11. Tourist Activities
  • 12. Socially Responsible Development
  • 13. “What you do for yourself goes to the grave, but what you do for others lives forever.” • Artisan Village • Employee Housing • Health • Education • Vocational Training • English Language • Entrepreneurship • Baseball Academy
  • 14. Baseball Academy International Baseball Academy of Central America (IBACA) • First in Central America • Player Development and Education • Fantasy Camps • International Tournaments • Professional Baseball to Gran Pacifica
  • 15. Baseball Academy Former Major Leaguers: Reggie Smith Dave Stewart Brad Lesley
  • 16. Nicaragua Belize Pacific Costa Rica Panama Caribbean Costa Rica Costa Rica Highlands Nicaraguan Tourism is an Emerging Market, Providing Value Opportunity Opportunity Curve Mexico
  • 17. Nicaragua – The Only Growing Tourism Destination in Central America
  • 18. The Opportunity is Now

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