Shangri-LA Properties

Projects

Eight Villas on Two Parcels

Overview Project Details Project Timeline Quick Inquiry

Overview

NorthBay Resort is an upcoming resort community situated in the scenic surroundings of Lake Arrowhead. The resort is distinguished by its impressive 10,000 square foot clubhouse and an array of desirable amenities, including a pool, spa, game room, gym, and tennis courts. In line with our investment strategy, we propose to optimize the existing infrastructure and capitalize on the resort's allure by introducing a thoughtfully designed 8 villas development. This development aims toharmoniously integrate with the enchanting natural landscape, further augmenting the overall appealand desirability of NorthBay Resort.

Our vision for this multifamily development is to create a harmonious living environment that integrates modern amenities with the resort’s serene atmosphere.

The NorthBay 8 Vallas development plan,

located on two parcels, offers an alluring prospect for investors seeking to establish a stable and dependable income stream. This project has been meticulously designed to place a strong emphasis on generating quarterly income payments, aiming to provide a reliable and inflation-beating source of revenue compared to traditional fixed-income investments.

Rental Income

The primary source of income for this project stems from the short-term rental and leasing revenue generated by the 8 housing Vallas. Each unit is thoughtfully designed to meet the demands of the target market, combining modern amenities, comfortable living spaces, and a seamless integration with the natural beauty of NorthBay Resort.

Market Demand

NorthBay Resort already boasts a remarkable 10,000 square foot clubhouse and a range of desirable amenities, making it an appealing destination for individuals seeking a resort-style living experience. By leveraging the existing infrastructure and capitalizing on the resort's appeal, the NorthBay 8 Vallas development plan is strategically positioned to attract potential tenants seeking a high-quality and convenient living environment.

Professional Property Management

A professional property management team will be responsible for the day-to-day operations, tenant relations, and maintenance of the housing units. Their expertise will ensure efficient management of the property, maximizing occupancy rates, and optimizing rental income.

Project Location

67 Subdivision Parcels – Source County of San Bernardino, California

Architectural Design

The housing units will feature a contemporary design that blends with the resort’s aesthetic, incorporating natural materials, expansive windows, and spacious interiors. Careful attention will be given to maximize views and provide private outdoor areas for each unit.

Amenities and Facilities

The development will offer a range of amenities and facilities to enhance resident comfort and promote a resort-like experience. These may include fitness centers, swimming pools, outdoor recreational areas, dedicated parking spaces, and accessible features to cater to a diverse resident population.

Sustainable Practices

The project will prioritize environmentally friendly construction practices and energy-efficient solutions. This will involve the use of sustainable materials, energy-efficient appliances, water-saving fixtures, landscaping for natural cooling, and the exploration of renewable energy options such as solar panels.

Community Integration

To foster a sense of community, communal spaces will be designed to encourage social interaction and connection among residents. This may include outdoor seating areas, landscaped gardens, a community center, and walking paths that integrate with the existing resort facilities.

Project Maps

Project Timeline

We have outlined a preliminary project timeline, subject to adjustments based on permits, approvals and construction considerations:

Design and Planning Phase: 3-6 months

Permitting and Approvals: 3-4 months

Construction Phase: 18-24 months

Interior Finishing and Landscaping: 1-2 months

Final Inspections and Handover: 1 month