oceanfront resort - loopnet...center, a beach club, 18-hole championship golf course, three unique...
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Offering Memorandum AvailableExclusively Marketed by Bridge Commercial
OCEANFRONT RESORTIN SOUTH CAROLINA’S
LOWCOUNTRY
FOR SALE
EXISTING BUILDING AND STRUCTURES
A variety of assets make up the resort. They include an oceanfront inn with 52 keys and conference center, a beach club, 18-hole championship golf course, three unique food and beverage outlets, a beautiful equestrian center and several beach front cottages.
NATURAL BEAUTY
The centerpiece of Daufuskie Island is a 1000 acre sanctuary protected by the National Ford Land Trust and the Daufuskie Island Conservancy. The natural beauty is incomparable. Nowhere else will you ever find a sea island
JACK NICKLAUS SIGNATURE GOLF COURSE
Opened in 1991 “The Melrose” is a 7,081 yard, par 72 Jack Nicklaus Signature course with three finishing holes on the Atlantic Ocean. Golf Digest has ranked the course 4.5 stars out of 5. Golf Magazine has ranked the course one of the Top Public Access Courses.
DEVELOPMENT OPPORTUNITIES
Development units available in this project total close to 400 units in addition to commercial parcels with entitlements and support from local community and county government.
HOSPITALITY/MIXED-USE BUSINESS OPPORTUNITIES
Within Melrose Resort there are several separate and distinct business opportunities including golf, hospitality, property management, real estate sales, equestrian, marina, and utilities.
BRANDING OPPORTUNITIES
Jack Nicklaus Signature Golf is a first class brand. Other branding opportunities are available for hotel flags, restaurants, spa, and equestrian activities.
Located on Daufuskie, a remote low country island accessible only by water and situated between Hilton Head Island and Savannah,
Melrose Resort is truly a world apart.This is an opportunity to reposition the property and regain it’s reputation
as one of the country’s most sought after vacation destinations.
INVESTMENT HIGHLIGHTS
BRIDGE COMMERCIAL
THE OFFERING• The Inn, a 52-room Oceanfront Hotel
• Island House Conference Center, 24,000 SF
• Jack Nicklaus Signature 18-Hole Golf Course
• Equestrian Center
• Beach Club & Pools
• Seven Duplex Cottages and One Single Cottage
• Deepwater Marina on Intracoastal Waterway
• Future Development Parcels with ±400 density units
Future Development Parcels1
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3
4
5
6 7
8
9
10
1. +/- 25 ACRES SFR LOTS2. +/- 10.13 ARCES EQUESTIAN SFR LOTS3. +/- 3.03 ACRES 3RD HOLE PARCEL4. +/- 4.44 ACRES 11TH HOLE PARCEL5. +/- 6.2 ACRES PARCEL C6. +/-7.25 ACRES TENNIS VILLA PARCEL7. +/- 9.35 ACRES GOLF BUNGALOW PRODUCT8. +/- 4.73 ACRES SOUTH HOTEL PARCEL (Villas)9. +/- 5.30 ACRES NORTH HOTEL PARCEL 10. +/- 7.97 BEACH CLUB PARCEL
8
1
1
2
3
4
5
6
7
910
13
1415
16
NOT PART OF OFFERING
CONSERVATIONEASEMENT
8
7
9
6
5
4
3
2
ACRES
1
Inn AcresInn Parcel (8.8 acres)North Inn (4.2 acres)South Inn (4.7 acres)
17.70
2 South Course 22.50
3 Beach Club 5.83
4 3rd Hole Parcel 3.00
5 11th Hole Parcel 3.00
6 Martingale 6.84
7 Equestrian Land 6.50
8 South Entrance Land 45.80
9 North Entrance Land 32.35
FUTURE DEVELOPMENT PARCELS
BRIDGE COMMERCIAL
Under five hours by a car separates Daufuskie Island from the 30 million people in the surrounding major metropolitan areas.
And while Daufuskie Island is for many people a “drive to” destination, an international airport in Savannah and a regional airport on nearby Hilton
Head Island makes Daufuskie Island one of the most easily accessible destinations in the Southeast.
Atlantic Ocean
SAVANNAH
DAUFUSKIE ISLAND
95
278
80
TYBEE ISLAND
BLUFFTON
321
16
HILTON HEAD ISLAND
BRIDGE COMMERCIALBRIDGE COMMERCIAL
FERRY TO SAVANNAH & HILTON HEAD FROMMELROSE LANDING
Sea Pines
Palmetto Bluff
LOCATION HIGHLIGHTS
BEACH FRONT LOCATIONMelrose Resort has almost 1.5 miles of beach frontage on the Atlantic Ocean with the majority of this being developable land.
STRATEGIC LOCATIONLocated on the Atlantic Ocean between Hilton Head Island and Savannah, making it the finest real estate opportunity on the southeastern coastline of the United States.
GOOD ACCESS30+ million people live within a 5-hour driving distance. More than 10 million visitors call Savannah-Hilton Head their vacation destination each year. The resort has accessible air service at both Savannah/Hilton Head International Airport and Hilton Head Island Airport. Additionally, a new daily ferry service to downtown Savannah will reach embarkment in 21 minutes.
HIGH-END RESORT MARKETThere are several high-end resort communities in the Hilton Head area proximate to Melrose Resort including Palmetto Bluff and Sea Pines.
Daufuskie History
MELROSE on the BEACH RESORT
Daufuskie Island is the southernmost in the chain ofSouth Carolina islands. The 5,000-acre island is locatedless than a mile from the resort destination of HiltonHead Island. Reminiscent of Hilton Head Island in theearly 1950’s, Daufuskie Island is only accessible bywater. Reaching Daufuskie from Hilton Head involvesa passenger ferry ride through scenic waterways.
Enfolded by the sea, Daufuskie Island has a long andmysterious history. Once the fertile hunting andfishing grounds of the Yemassee Indians, later theplanters’ exclusive domain, Daufuskie has emerged asa popular island getaway and has the potential tobecome a world-class resort destination, unlike anyother.
At one point in its history, Daufuskie was a thriving,bustling center of activity, eclipsing its now morefamous neighbor, Hilton Head Island, as the glitteringjewel in the necklace of low country sea islands. In thenineteenth century, steamships from Savannah carrying
hundreds of passengers called regularly at its piers. The silky sea island cotton grown on theIsland’s eleven plantations was shipped around the world, and its fine homes and elegant partieswere the envy of the region.
While the Civil War dampened Daufuskie’s fortunes, the Island miraculously rebounded, only tobe laid low by a more powerful and unforgiving invader – the boll weevil – which destroyedDaufuskie’s cotton plantations for good. Later, oystering replaced cotton as the Island’s mainindustry, but that too would end when the oyster beds were closed in the 1920’s. Today, that richhistoric and environmental heritage flavors every facet of Daufuskie.
MELROSELANDING
GEORGIA
SOUTHCAROLINA
Wilmington
NORTHCAROLINA
Atlantic Ocean
Myrtle Beach
Charlotte
Greenville
Charleston
Hilton Head
Savannah
Jacksonville
DANIEL PELLEGRINO850 728 1050 [email protected]
SETH CLARK843 338 3804 [email protected]
ADAM GRIFFIN803 493 3571 [email protected]
HAGOOD S. MORRISON, II843 830 9108 [email protected]
Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.
FOR MORE INFORMATION
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