Shangri-LA Properties

Projects

Luxury Multi Family Villas

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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 27-unit multifamily development. This development aims to harmoniously integrate with the enchanting natural landscape, further augmenting the overall appeal and 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 27-unit development plan

offers an attractive opportunity to generate consistent income for investors. The project is designed to prioritize the generation of quarterly income payments, aiming to provide a reliable stream of revenue that surpasses inflation and 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 27 housing units. 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 27-unit 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 Details

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.