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Smoky Mountains –              Gatlinburg/Pigeon Forge, TN
   Eco–Friendly Luxury Log Cabin Resort
  SkyTrek Eco-Adventure ZIP LINE Tour (ONSITE)


                 Invest in an Income Generating,
                 Wealth Building Real Log Cabin


      Ziplines
1196% ROI!!!
                                 Own Your Fully Furnished
                              Luxury Log Cabin in the Smoky
                            Mountains & Watch Your Wealth Grow.

Also, enjoy a yearly
vacation in your own cabin!
                                               5-Year ROI*
Down Payment: $20,800
Positive Cash Flow: $67,621
Asset Appreciation: $181,222 (based on 7.5%/year)
Total 5-Year Return: $67,621 + $181,222 = $249,097
Cash-On-Cash = 1196%*


                  Figures based on 1 BR with Pool Model
*This ROI is based on a number of assumptions and is not a guaranteed result. The area’s appreciation has been 10% to 15% annually for three straight years
but there is no guarantee that it will continue at this rate for the next five years even though there is every indication that it will.
5-Year ROI
                                                                                                           1BR                 3BR                 4BR
                                                                     1BR                2BR               w/Pool             w/Theater           w/Theater
                                                                 (1541 sqft.)       (1821 sqft.)        (2256 sqft.)         (2722 sqft.)        (3073 sqft)

       Sales Price
       (including closing costs construction interest)            $ 378,500          $ 394,000          $ 416,000            $ 489,500           $ 569,000


       Down Payment (5%)                                          $ 18,925           $ 19,700           $ 20,800             $ 24,475            $ 28,450

       5-Year Owner's Net Annual
       Income*                                                    $ 45,678           $ 57,100           $ 67,621             $ 66,580            $ 72,278


       5-Year Appreciation**                                      $ 164,900          $ 171,638          $ 181,222            $ 213,241           $ 248,000


       5-Year ROI                                                   1113%              1161%               1196%                1143%               1127%




                                                            *Based on a 7% Interest rate.
                                                         **Based of a projected 7.5% Annual
                                                                 Appreciation Rate.

These ROI computations are based on a number of assumptions and are not a guaranteed result. The area’s appreciation has been 10% to 15% annually
for three straight years but there is no guarantee that it will continue at this rate for the next five years even though there is every indication that it will.
Prices are subject to change and may vary per lot elevations.
INVESTOR OPPORTUNITY
 Instantaneous Equity
 Positive Cash Flow w/ Proven Occupancy & Revenue
 Projected ROI‟s over 1100%!!!
 Limited Supply of Resorts and Resort Cabins
    – “Save Our Mountains Act”
 Anticipated 8%–10% Appreciation
 13 Million Visitors Per Year Spending over $652 Million
 Eastern, Tennessee's Newest Adventure SkyTrek
     - Largest Zip Line Eco-Adventure Tour in the United States located onsite

 Rumored that Disney has already secured a large tract of land in the Area
 #1 Wedding Destination in U.S. surpassing Las Vegas, NV
INVESTOR INCENTIVES
 Builder pays all Closing Costs
 No Interest Payments During Construction
 $0 Carrying Costs During Construction
 First Year Guaranteed Leaseback
 Turn-Key Rent Ready Cabins Including:
         Luxury Furnishings & Accessories including all house wares
         Custom Art Deco Concrete & Stainless Steel Countertops
         High-End Stainless Steel Appliances
         Hardwood Floors Throughout, Berber Carpet in Bedrooms
         Custom Stone Fireplaces
         High-End Flat Screen LCD TV’s & Electronics including wireless internet access
         Steam Showers
         Custom Indoor Pool per specific floor plans
         Gas Grill
         Deluxe 4-Person Hot Tub with Mountain Views
         Billiards Slate Pool Table & Arcade Style Video Games
         Custom Wood Rocking Chairs on Porches
Where is Pigeon Forge,TN ???

Gatlinburg, TN:     8 Miles
Knoxville, TN:     42 Miles
Greenville, SC: 138 Miles
Atlanta, GA:      196 Miles
Nashville, TN: 221 Miles
Louisville, KY: 286 Miles
Birmingham, AL: 297 Miles
Cincinnati, OH: 297 Miles
Indianapolis, IN: 400 Miles
Memphis, TN:      431 Miles
Richmond, VA: 435 Miles
Washington, DC: 488 Miles
Jacksonville, FL: 517 Miles
St Louis, MO:      525 Miles
Jackson, MS:       535 Miles
Chicago, IL:      582 Miles
Miami, FL:         862 Miles


Within 1 Days Driving Distance to
75% of the U.S. Population
Why Pigeon Forge/Gatlinburg?
 A $1.2 Billion Dollar Annual Tourism Industry
 Over 13 Million Visitors per year, often returning 2-4 times
  per year
 Tourism is continuing to increase on an annual basis
 Home to some of most famous attractions in the country
 Area is still growing – over $1Billion Dollars in new
  development expected over the next 2 to 5 years
 Coined the “New Orlando”
Area – “The New Orlando”
Great Smoky Mountains National Park




 10 Million Visitors Per Year, most visited national park in the country
 #1 Attraction in Tennessee
   Park is 520,976 Acres
Area – “The New Orlando”
Dollywood Family Adventure Park




 2.4 Million Visitors Per Year
 #2 Attraction in Tennessee
 Mystery Mine Roller Coaster ranked the best new themed park attraction in 2007
Area – “The New Orlando”
Dollywood’s Splash Country Water Park




 Dollywood's Splash Country was named the quot;Best New Water Parkquot; by the World
  Water Park Association during the park's inaugural season.
 Featuring more than 23 water adventure slides, thrill rides with daring drops, white
  water rafting ride, and two interactive children's playground areas.
Area – “The New Orlando”
Ripley’s Aquarium of the Smokies




 2 Million Visitors Per Year
 Most Visited Aquarium in the U.S.
 Home to the World’s Largest Aquarium Tunnel
Area – “The New Orlando”
Downtown Gatlinburg & Pigeon Forge




  Over 1 Million Square Feet of Shopping
  The largest shopping district from Nashville to North Carolina, new upscale with
   boutiques, anchor stores, specialty stores, restaurants and more
Area – “The New Orlando”
 Other Attractions
    Wonderworks
       - only 2 in U.S., other is in Orlando, FL
    Comedy Barn Theater
    Dolly Parton‟s Dixie Stampede Dinner & Show
    Country Tonight Theatre
    Great China Circus Legends of China
    Hard Rock Café
       - only Hard Rock Café with a wedding “Chapel” on site in America
Number of Attractions Up!
 Projects Under Development
    Dollywood Expansion
       • New $5 million River Battle Water Adventure

    90 Acre River Walk
    NASCAR Experience
        (all within 10 minutes of our Resort)

 Planned Projects
    LPGA Course
    NASCAR Speedway
    Additional 1 Million SQFT of Outlet Space
 Potential Projects
    Disney
    Amtrak Hub
Why Invest Now?
 Limited Supply & Growth
   “Save the Mountains” Act

 Acreage Land Costs are skyrocketing

 Resort Cabin Prices have been increasing at 10%
  per year for the last 3 years
 Timing is Perfect!!!!
Tourism Statistics:
 Within 1 days driving distance to over 75% of the
  U.S. population
 50% of visitors travel up to 500 miles
 33% of visitors stay between 4 and 7 Nights
 The Average couple spends $1,800 per trip
 The Average family returns 2 to 4 times per year
 $1.2 Billion in Travel Expenditures in 2007.
Where Do Visitors Stay?
 ZERO 5 Star Hotels, 2 Four Star Hotels
 Cabins and Why?
    Rustic, In the Park Feel
    More Room: A One Bedroom is 1500+ sq ft
    More Amenities: Kitchens, Game Rooms, Pool
     Tables, Hot Tubs, Pools, Conference Space,
     Wedding Chapels
    More Economical: A One Bedroom can sleep 4 to 6
Why This Project?
 Location, Location, Location
       10 Minutes to Downtown Gatlinburg
       5 Minutes to Downtown Pigeon Forge
       5 Minutes to Dollywood
       10 Minutes to the National Park
 60-Acre Property with Stunning Mountain Views
 SkyTrek Eco-Adventure Park
     largest zip line adventure tour in the U.S. located onsite
     2 hour guided Smokey Mountain Eco-tour
     Only resort in TN with this type of amenity

 Cabin Quality - Structure, Furniture & Amenities
 Resort Quality & Amenities
 No Visible Main Streets or Street Noise
 Eco-Friendly Resort
Sunset at Resort
Eco-Friendly Resort
Our resorts #1 priority is to sustain the natural beauty of the Great Smokey
Mountains. We have used this approach in every aspect of our resort design.
We have worked with top environmentalists along with local engineers to plat
the resort around the beautiful natural aesthetics of the mountains minimizing
the amount of trees that must be cleared.

Points of note are:

     we use eco-friendly water based wood stains instead of oil based stains
     we have allocated over 50 acres of our property as an Eco-Adventure Park,
      which includes a 2-hour guided tour of the Smokies
     we have initiated a Plant a Tree Program, which allows all Resort Guests
      and Cabin Owners to plant a new tree at a designated area of the resort
      increasing the natural wildlife
Pricing & Appraisals
 1 Bedroom - 1,541, Average Sales Price $378.5k, $398k Appraisal
 2 Bedroom - 1,821, Average Sales Price $394k, $414k Appraisal
 1 Bedroom w/Pool - 2,256, Average Price $416k, $437k Appraisal
 3 Bedroom w/Theater – 2,722, Average Price $489.5k, $515k Appraisal
 4 Bedroom w/Theater – 3,073, Average Price $569k, $599k Appraisal

Pricing includes:
   Turn Key Rent Ready Cabin, Luxury Furniture & Accessories, Gas
   Grill, Hot Tub, Slate Pool Table, LCD TV’s, Art Deco Concrete &
   Stainless Steel Countertops, Stainless Steel Appliances, Jacuzzi Tubs,
   High-End Electronics, Linens, and much more…………
   Soft Costs: Interest Allowance, Closing Cost Allowance, Builders Risk
   Insurance, First Year GUARANTEED LEASE BACK
   Setup to be a PASSIVE Investment
1 Bedroom




            1541 Sq ft Under Air
                      1 Bedroom
                          2 Bath
                        Sleeps 4
             Loft w/ Game Room
        Custom Stone Fireplaces
2 Bedroom




            1821 Sq ft Under Air
                   2 Bedrooms
                        3 Baths
                       Sleeps 6
                   Game Room
        Custom Stone Fireplaces
1 Bedroom with Pool




                  2256 Sq ft Under Air
                            1 Bedroom
                                2 Bath
                              Sleeps 4
                  Heated Indoor Pool
                   Loft w/ Game Room
              Custom Stone Fireplaces
3 Bedroom




            2722 Sq ft Under Air
                    3 Bedrooms
                         4 Baths
                       Sleeps 10
                 Home Theater
                         Wet Bar
                   Game Room
4 Bedroom




        3073 Sq ft Under Air
                4 Bedrooms
                     5 Baths
                   Sleeps 12
             Home Theater
                     Wet Bar
               Game Room
Available Lot Views
Resort Amenities
                          (unlike any other resort in the Smokies)

Developer Vision
“Bringing the Progressive Designs & Luxuries of Miami & Las Vegas to the Smokey Mountains”

Our developer has been fortunate enough to travel all over the world. He has stayed in five-star resorts
and luxury bed & breakfasts throughout the United States, Europe and the Middle East. Throughout his
travels he has always enjoyed the progressive designs of Miami and Las Vegas' finest hotels and resorts
and more particularly enjoyed the unique amenities they have to offer. When he set out to build this
Luxury Log Cabin Resort, he wanted to bring the uniqueness of Miami and Las Vegas to the Smoky
Mountains.

This Spring, our Resort will open a unique pool and outdoor water park that will allow kids to have fun
under the water cave and water dump buckets, adults to dine on southern cuisine poolside and grandma
and grandpa to enjoy their Smoky Mountain experience in an air-conditioned log cabin cabana. At the
same time, a 10,000 square foot Spa & Conference Center will be unveiled that will rival any spa facility in
East Tennessee. With single and couple massage rooms, soothing mineral pools and relaxing manicures
and pedicures, our Resort will offer the best spa experience in the Smoky Mountains. And on May 22nd,
the entire family can enjoy the largest zipline adventure park in the United States as our Resort unveils it's
50-acre, 6-line eco-adventure park.

When you visit our Luxury Log Cabin Resort, you will have an amazing Smoky Mountain vacation
combined with unique amenities and luxuries, many of which you may only find if you traveled to Miami or
Las Vegas. Now, you can enjoy the breathtaking views of the Smokies and the unique amenities of a
luxury resort in Miami or Las Vegas.
Resort Amenities
                             (unlike any other resort in the Smokies)




                                                             Ziplines



   Largest Zip Line Eco-Adventure Tour in the United States located onsite
   50 acres allocated for the Skytrak zipline
   2 hour guided Eco-Adventure tour
   6 dual ziplines over 250 feet in the air traveling over 50 mph
   2 Swinging bridges
   Viewing towers with views of the Smokey Mountains
   Safe adventure for ages 8 to 80 including the only zip line in America with a braking system
   only resort in TN with zip line
   Skytrak office will be located onsite in an adjacent building to Resort Welcome Center
   Costs will be $89 per adult, $69 per child, industry averages min. prices start from $125
   Incentives for Resort guests/Cabin Owners ride for free for their term of ownership
   Closest comparable Zipline is based out of Canada & averages 500 guests per day
        they average 2 million tourists per year, Gatlinburg/Pigeon Forge averages 13 million tourists per year
   Over 1.5 million tourists will be exposed to the Zipline by the end of May 2008
Resort Amenities
                          (unlike any other resort in the Smokies)




 Onsite Helipad offering Guided Scenic Helicopter tours of the Smokey Mountains
    - only resort in Eastern, TN with a helipad
Resort Amenities
                  (unlike any other resort in the Smokies)



                                scheduled to be
                               completed Spring
                                     2008




 4,000 sq ft. Luxury Spa- offering the best spa experience in the Smoky Mountains
    - services offered will include:
         • single & couples massages
         • soothing mineral pools
         • hydrotherapy
         • hot stone massage
         • relaxing manicures & pedicures
         • & much more………
Resort Amenities
               (unlike any other resort in the Smokies)




 Onsite Welcome Center & Property Management Office
    - one of the only resorts with an onsite management company
    - resort guest are greeted and given a complete welcome package
      with local area information and discounted coupons
Resort Amenities
                     (unlike any other resort in the Smokies)



Sports
Complex                         -scheduled to be
                      Pool      completed Spring 2008




 Custom designed Resort Style Sports Pool including:
   - Multi-featured water park area with waterfall and cave
   - 2 fully furnished Air Conditioned Miami Style Poolside Cabanas
   - Southern Cuisine Poolside Grill
   - Pool-Side Bar
   - Zero-Entry Kids Pool with water features
   - Oversized multi-person jacuzzi
Resort Amenities
                       (unlike any other resort in the Smokies)

 5000 sq ft. Community Convention Center
       perfect to host:
          wedding parties
          church retreats
          corporate functions
          and much more……


 Onsite Sports Complex (scheduled to be complete in Spring 2008)

    - soccer field
    - softball field


 Fitness Center
   - located adjacent to Pool Area
   - will contain high-end fitness equipment including:
        treadmills
          steppers
          life Cycle equipment and much more……
Resort Amenities
             (unlike any other resort in the Smokies)


 Onsite Wedding Gazebo with Mountain Views (in design phase)




 Gated Entrance with Water Feature


 Onsite Concierge


 Onsite Housekeeping
Construction Management & Updates
Track 87 Stages of Completion   Job Site Photo’s
   Permitting
   Construction
   Closing
   Rental Program



    Weekly Email Updates         Customer Web Portal
RENTAL PROGRAM
• Resort Cabin Owner share is 60% of Gross Income
• Property Management share is 40% of Gross Income


   Complete HASSLE FREE OWNERSHIP!!!!!
Cabin Management Company
   Dedicated Onsite Management
   Management Company Provides:
        Advertising, Bookings, Distribution of Keys, Customer Billings
        Maintaining Website
        Supervision of Cleaning, Maintenance and General Inspections
        Linens and towels and the laundry and cleaning service
        Disposable items such as bath soap, dish soap, dishwasher detergent, paper
         towels, toilet paper, light bulbs and trash bags
        Garbage Disposal & Pest Control
        Cleaning and chemical maintenance of hot tubs
        Coordinate Annual and Seasonal Maintenance
        Monthly Statements and Payments

   40% of Total Gross Income
   Most Resorts do NOT have onsite management
Management Company’s Marketing Program
Our Luxury Log Cabin Resort has developed an innovative online marketing program aimed at
increasing rental occupancy and differentiating our Resort and its' cabins from other resorts in the
Smoky Mountains. By hiring industry experts from some of the most successful high-tech companies
in the world, we are setting ourselves apart from every other cabin resort in the Smokies.

Key components of our Resort’s innovative marketing program include:
      A personalized website dedicated to each cabin in the resort dedicated to each owners' cabin.
      Advertising for each cabin as one of a select few promoted on specialist „category‟ websites
      Individual promotion of each cabin on blogs, social networking sites, partner sites including Facebook, MySpace &
       other popular sites online
      Web-based Advertising (Google, Yahoo!, Microsoft) w/ advertisements exclusively linking to each individual cabin in the
       resort
      At the end of each month, each cabin owner receives a personalized report that explains how many people
       visited their personalized cabin web site and viewed their cabin on our specialty web sites as well as how many
       inquiries were made about their cabin online or via email.

      The key to our successful online marketing program is constant data collection, review and refinement of the program
        based on cabin rental performance.

Our resort is constantly looking to improve and invest the in the right marketing programs required to
drive high occupancy rates. Most recently, we launched a $250,000 marketing program co-branding the
new SkyTrek Ziplines at our Resort to drive even more awareness and attention to our Luxury Log
Cabin Resort.
Annual Cabin Expenses
1 Bedroom with Pool Example:

   HOA - $816 per Year
       includes Common Ground Liability Insurance & Upkeep of the Common Areas

   Utilities – $3800 per Year
   Taxes - $1400 per Year
   Insurance - $1400 per Year
   Total Cabin Expenses - $7416
Year 1 & Years 2-5 Cash Flow*
Example - ( 1 Bedroom with Pool)
         •      Target Gross Revenue Year 1 (at 82% Occupancy):                                               $69,007.00
         •      Target Net Revenue Year 1 after 40 % Mngmnt Fees*:                                            $41,404.00
         •      Target Annual Expenses:                                                                       $35,080.00
                (HOA, Utilities, Taxes, Insurance, Maintenance, Mortgage)

         •      Target Annual Cash Flow                                                                       $ 6,324.00
         •      First Year Guaranteed Lease Back                                                              $36,000.00
         •      Year 1Target Annual Cash Flow Incl. LB**(@82% Occupancy): $42,324.00
         •      Years 2 – 5 Annual Cash Flow*** (at 82% Occupancy):                                            $ 6,324.00

Calculations:
                  *Net Revenue = Gross Revenue x’s 60%

                  ***Annual Cash Flow = Net Revenue – Annual Expenses

                  **Year 1 Target Annual Cash Flow = First Year Leaseback + Annual Cash Flow

                  ***Years 2 – 5 Annual Cash Flow = Annual Cash Flow


*These target cash flows and expenses are based on a number of assumptions and are not a guaranteed result.
Factors Mitigating Risk
 Instant Equity, Planned Price Increases

 Projected 8%-10% Annual Appreciation
 Entitlement & Infrastructure Complete
 First Year Guaranteed Lease Back
 Save the Mountains Act
Limited Allocations Available!!!!




Breathtaking Views of the Smokies at the Resort

              Special Pre-Construction Buyer Incentives &
                        Financing for Purchases
HOW DO I RESERVE A LUXURY LOG CABIN & TAKE ADVANTAGE
             OF THE SPECIAL INCENTIVES??

1. Complete the Reservation Form
2. Make out a $5000 Reservation Deposit Check
3. Contact the Preferred Lender to get pre-qualified
4. Select Your Specially Priced Mountain Lot & Cabin with the Developer
5. Developer will provide contract within 3-5 business days
6. Prepare to be a proud owner of a Luxury Resort Cabin in the Smoky
   Mountains
To Purchase or For More Information:

   CALL Elocin Nire Marketing Today!!!
         Office: 239.410.5626

 Gatlinburg/Pigeon Forge, TN “The NEW ORLANDO”

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Elocin Nire Marketing Resort Cabins

  • 1. Smoky Mountains – Gatlinburg/Pigeon Forge, TN Eco–Friendly Luxury Log Cabin Resort SkyTrek Eco-Adventure ZIP LINE Tour (ONSITE) Invest in an Income Generating, Wealth Building Real Log Cabin Ziplines
  • 2. 1196% ROI!!! Own Your Fully Furnished Luxury Log Cabin in the Smoky Mountains & Watch Your Wealth Grow. Also, enjoy a yearly vacation in your own cabin! 5-Year ROI* Down Payment: $20,800 Positive Cash Flow: $67,621 Asset Appreciation: $181,222 (based on 7.5%/year) Total 5-Year Return: $67,621 + $181,222 = $249,097 Cash-On-Cash = 1196%* Figures based on 1 BR with Pool Model *This ROI is based on a number of assumptions and is not a guaranteed result. The area’s appreciation has been 10% to 15% annually for three straight years but there is no guarantee that it will continue at this rate for the next five years even though there is every indication that it will.
  • 3. 5-Year ROI 1BR 3BR 4BR 1BR 2BR w/Pool w/Theater w/Theater (1541 sqft.) (1821 sqft.) (2256 sqft.) (2722 sqft.) (3073 sqft) Sales Price (including closing costs construction interest) $ 378,500 $ 394,000 $ 416,000 $ 489,500 $ 569,000 Down Payment (5%) $ 18,925 $ 19,700 $ 20,800 $ 24,475 $ 28,450 5-Year Owner's Net Annual Income* $ 45,678 $ 57,100 $ 67,621 $ 66,580 $ 72,278 5-Year Appreciation** $ 164,900 $ 171,638 $ 181,222 $ 213,241 $ 248,000 5-Year ROI 1113% 1161% 1196% 1143% 1127% *Based on a 7% Interest rate. **Based of a projected 7.5% Annual Appreciation Rate. These ROI computations are based on a number of assumptions and are not a guaranteed result. The area’s appreciation has been 10% to 15% annually for three straight years but there is no guarantee that it will continue at this rate for the next five years even though there is every indication that it will. Prices are subject to change and may vary per lot elevations.
  • 4. INVESTOR OPPORTUNITY  Instantaneous Equity  Positive Cash Flow w/ Proven Occupancy & Revenue  Projected ROI‟s over 1100%!!!  Limited Supply of Resorts and Resort Cabins – “Save Our Mountains Act”  Anticipated 8%–10% Appreciation  13 Million Visitors Per Year Spending over $652 Million  Eastern, Tennessee's Newest Adventure SkyTrek - Largest Zip Line Eco-Adventure Tour in the United States located onsite  Rumored that Disney has already secured a large tract of land in the Area  #1 Wedding Destination in U.S. surpassing Las Vegas, NV
  • 5. INVESTOR INCENTIVES  Builder pays all Closing Costs  No Interest Payments During Construction  $0 Carrying Costs During Construction  First Year Guaranteed Leaseback  Turn-Key Rent Ready Cabins Including:  Luxury Furnishings & Accessories including all house wares  Custom Art Deco Concrete & Stainless Steel Countertops  High-End Stainless Steel Appliances  Hardwood Floors Throughout, Berber Carpet in Bedrooms  Custom Stone Fireplaces  High-End Flat Screen LCD TV’s & Electronics including wireless internet access  Steam Showers  Custom Indoor Pool per specific floor plans  Gas Grill  Deluxe 4-Person Hot Tub with Mountain Views  Billiards Slate Pool Table & Arcade Style Video Games  Custom Wood Rocking Chairs on Porches
  • 6. Where is Pigeon Forge,TN ??? Gatlinburg, TN: 8 Miles Knoxville, TN: 42 Miles Greenville, SC: 138 Miles Atlanta, GA: 196 Miles Nashville, TN: 221 Miles Louisville, KY: 286 Miles Birmingham, AL: 297 Miles Cincinnati, OH: 297 Miles Indianapolis, IN: 400 Miles Memphis, TN: 431 Miles Richmond, VA: 435 Miles Washington, DC: 488 Miles Jacksonville, FL: 517 Miles St Louis, MO: 525 Miles Jackson, MS: 535 Miles Chicago, IL: 582 Miles Miami, FL: 862 Miles Within 1 Days Driving Distance to 75% of the U.S. Population
  • 7. Why Pigeon Forge/Gatlinburg?  A $1.2 Billion Dollar Annual Tourism Industry  Over 13 Million Visitors per year, often returning 2-4 times per year  Tourism is continuing to increase on an annual basis  Home to some of most famous attractions in the country  Area is still growing – over $1Billion Dollars in new development expected over the next 2 to 5 years  Coined the “New Orlando”
  • 8. Area – “The New Orlando” Great Smoky Mountains National Park  10 Million Visitors Per Year, most visited national park in the country  #1 Attraction in Tennessee  Park is 520,976 Acres
  • 9. Area – “The New Orlando” Dollywood Family Adventure Park  2.4 Million Visitors Per Year  #2 Attraction in Tennessee  Mystery Mine Roller Coaster ranked the best new themed park attraction in 2007
  • 10. Area – “The New Orlando” Dollywood’s Splash Country Water Park  Dollywood's Splash Country was named the quot;Best New Water Parkquot; by the World Water Park Association during the park's inaugural season.  Featuring more than 23 water adventure slides, thrill rides with daring drops, white water rafting ride, and two interactive children's playground areas.
  • 11. Area – “The New Orlando” Ripley’s Aquarium of the Smokies  2 Million Visitors Per Year  Most Visited Aquarium in the U.S.  Home to the World’s Largest Aquarium Tunnel
  • 12. Area – “The New Orlando” Downtown Gatlinburg & Pigeon Forge  Over 1 Million Square Feet of Shopping  The largest shopping district from Nashville to North Carolina, new upscale with boutiques, anchor stores, specialty stores, restaurants and more
  • 13. Area – “The New Orlando”  Other Attractions  Wonderworks - only 2 in U.S., other is in Orlando, FL  Comedy Barn Theater  Dolly Parton‟s Dixie Stampede Dinner & Show  Country Tonight Theatre  Great China Circus Legends of China  Hard Rock Café - only Hard Rock Café with a wedding “Chapel” on site in America
  • 14. Number of Attractions Up!  Projects Under Development  Dollywood Expansion • New $5 million River Battle Water Adventure  90 Acre River Walk  NASCAR Experience  (all within 10 minutes of our Resort)  Planned Projects  LPGA Course  NASCAR Speedway  Additional 1 Million SQFT of Outlet Space  Potential Projects  Disney  Amtrak Hub
  • 15. Why Invest Now?  Limited Supply & Growth  “Save the Mountains” Act  Acreage Land Costs are skyrocketing  Resort Cabin Prices have been increasing at 10% per year for the last 3 years  Timing is Perfect!!!!
  • 16. Tourism Statistics:  Within 1 days driving distance to over 75% of the U.S. population  50% of visitors travel up to 500 miles  33% of visitors stay between 4 and 7 Nights  The Average couple spends $1,800 per trip  The Average family returns 2 to 4 times per year  $1.2 Billion in Travel Expenditures in 2007.
  • 17. Where Do Visitors Stay?  ZERO 5 Star Hotels, 2 Four Star Hotels  Cabins and Why? Rustic, In the Park Feel More Room: A One Bedroom is 1500+ sq ft More Amenities: Kitchens, Game Rooms, Pool Tables, Hot Tubs, Pools, Conference Space, Wedding Chapels More Economical: A One Bedroom can sleep 4 to 6
  • 18. Why This Project?  Location, Location, Location  10 Minutes to Downtown Gatlinburg  5 Minutes to Downtown Pigeon Forge  5 Minutes to Dollywood  10 Minutes to the National Park  60-Acre Property with Stunning Mountain Views  SkyTrek Eco-Adventure Park  largest zip line adventure tour in the U.S. located onsite  2 hour guided Smokey Mountain Eco-tour  Only resort in TN with this type of amenity  Cabin Quality - Structure, Furniture & Amenities  Resort Quality & Amenities  No Visible Main Streets or Street Noise  Eco-Friendly Resort
  • 20. Eco-Friendly Resort Our resorts #1 priority is to sustain the natural beauty of the Great Smokey Mountains. We have used this approach in every aspect of our resort design. We have worked with top environmentalists along with local engineers to plat the resort around the beautiful natural aesthetics of the mountains minimizing the amount of trees that must be cleared. Points of note are:  we use eco-friendly water based wood stains instead of oil based stains  we have allocated over 50 acres of our property as an Eco-Adventure Park, which includes a 2-hour guided tour of the Smokies  we have initiated a Plant a Tree Program, which allows all Resort Guests and Cabin Owners to plant a new tree at a designated area of the resort increasing the natural wildlife
  • 21. Pricing & Appraisals  1 Bedroom - 1,541, Average Sales Price $378.5k, $398k Appraisal  2 Bedroom - 1,821, Average Sales Price $394k, $414k Appraisal  1 Bedroom w/Pool - 2,256, Average Price $416k, $437k Appraisal  3 Bedroom w/Theater – 2,722, Average Price $489.5k, $515k Appraisal  4 Bedroom w/Theater – 3,073, Average Price $569k, $599k Appraisal Pricing includes: Turn Key Rent Ready Cabin, Luxury Furniture & Accessories, Gas Grill, Hot Tub, Slate Pool Table, LCD TV’s, Art Deco Concrete & Stainless Steel Countertops, Stainless Steel Appliances, Jacuzzi Tubs, High-End Electronics, Linens, and much more………… Soft Costs: Interest Allowance, Closing Cost Allowance, Builders Risk Insurance, First Year GUARANTEED LEASE BACK Setup to be a PASSIVE Investment
  • 22. 1 Bedroom 1541 Sq ft Under Air 1 Bedroom 2 Bath Sleeps 4 Loft w/ Game Room Custom Stone Fireplaces
  • 23. 2 Bedroom 1821 Sq ft Under Air 2 Bedrooms 3 Baths Sleeps 6 Game Room Custom Stone Fireplaces
  • 24. 1 Bedroom with Pool 2256 Sq ft Under Air 1 Bedroom 2 Bath Sleeps 4 Heated Indoor Pool Loft w/ Game Room Custom Stone Fireplaces
  • 25. 3 Bedroom 2722 Sq ft Under Air 3 Bedrooms 4 Baths Sleeps 10 Home Theater Wet Bar Game Room
  • 26. 4 Bedroom 3073 Sq ft Under Air 4 Bedrooms 5 Baths Sleeps 12 Home Theater Wet Bar Game Room
  • 28. Resort Amenities (unlike any other resort in the Smokies) Developer Vision “Bringing the Progressive Designs & Luxuries of Miami & Las Vegas to the Smokey Mountains” Our developer has been fortunate enough to travel all over the world. He has stayed in five-star resorts and luxury bed & breakfasts throughout the United States, Europe and the Middle East. Throughout his travels he has always enjoyed the progressive designs of Miami and Las Vegas' finest hotels and resorts and more particularly enjoyed the unique amenities they have to offer. When he set out to build this Luxury Log Cabin Resort, he wanted to bring the uniqueness of Miami and Las Vegas to the Smoky Mountains. This Spring, our Resort will open a unique pool and outdoor water park that will allow kids to have fun under the water cave and water dump buckets, adults to dine on southern cuisine poolside and grandma and grandpa to enjoy their Smoky Mountain experience in an air-conditioned log cabin cabana. At the same time, a 10,000 square foot Spa & Conference Center will be unveiled that will rival any spa facility in East Tennessee. With single and couple massage rooms, soothing mineral pools and relaxing manicures and pedicures, our Resort will offer the best spa experience in the Smoky Mountains. And on May 22nd, the entire family can enjoy the largest zipline adventure park in the United States as our Resort unveils it's 50-acre, 6-line eco-adventure park. When you visit our Luxury Log Cabin Resort, you will have an amazing Smoky Mountain vacation combined with unique amenities and luxuries, many of which you may only find if you traveled to Miami or Las Vegas. Now, you can enjoy the breathtaking views of the Smokies and the unique amenities of a luxury resort in Miami or Las Vegas.
  • 29. Resort Amenities (unlike any other resort in the Smokies) Ziplines  Largest Zip Line Eco-Adventure Tour in the United States located onsite  50 acres allocated for the Skytrak zipline  2 hour guided Eco-Adventure tour  6 dual ziplines over 250 feet in the air traveling over 50 mph  2 Swinging bridges  Viewing towers with views of the Smokey Mountains  Safe adventure for ages 8 to 80 including the only zip line in America with a braking system  only resort in TN with zip line  Skytrak office will be located onsite in an adjacent building to Resort Welcome Center  Costs will be $89 per adult, $69 per child, industry averages min. prices start from $125  Incentives for Resort guests/Cabin Owners ride for free for their term of ownership  Closest comparable Zipline is based out of Canada & averages 500 guests per day  they average 2 million tourists per year, Gatlinburg/Pigeon Forge averages 13 million tourists per year  Over 1.5 million tourists will be exposed to the Zipline by the end of May 2008
  • 30. Resort Amenities (unlike any other resort in the Smokies)  Onsite Helipad offering Guided Scenic Helicopter tours of the Smokey Mountains - only resort in Eastern, TN with a helipad
  • 31. Resort Amenities (unlike any other resort in the Smokies) scheduled to be completed Spring 2008  4,000 sq ft. Luxury Spa- offering the best spa experience in the Smoky Mountains - services offered will include: • single & couples massages • soothing mineral pools • hydrotherapy • hot stone massage • relaxing manicures & pedicures • & much more………
  • 32. Resort Amenities (unlike any other resort in the Smokies)  Onsite Welcome Center & Property Management Office - one of the only resorts with an onsite management company - resort guest are greeted and given a complete welcome package with local area information and discounted coupons
  • 33. Resort Amenities (unlike any other resort in the Smokies) Sports Complex -scheduled to be Pool completed Spring 2008  Custom designed Resort Style Sports Pool including: - Multi-featured water park area with waterfall and cave - 2 fully furnished Air Conditioned Miami Style Poolside Cabanas - Southern Cuisine Poolside Grill - Pool-Side Bar - Zero-Entry Kids Pool with water features - Oversized multi-person jacuzzi
  • 34. Resort Amenities (unlike any other resort in the Smokies)  5000 sq ft. Community Convention Center  perfect to host:  wedding parties  church retreats  corporate functions  and much more……  Onsite Sports Complex (scheduled to be complete in Spring 2008) - soccer field - softball field  Fitness Center - located adjacent to Pool Area - will contain high-end fitness equipment including:  treadmills  steppers  life Cycle equipment and much more……
  • 35. Resort Amenities (unlike any other resort in the Smokies)  Onsite Wedding Gazebo with Mountain Views (in design phase)  Gated Entrance with Water Feature  Onsite Concierge  Onsite Housekeeping
  • 36. Construction Management & Updates Track 87 Stages of Completion Job Site Photo’s  Permitting  Construction  Closing  Rental Program Weekly Email Updates Customer Web Portal
  • 37. RENTAL PROGRAM • Resort Cabin Owner share is 60% of Gross Income • Property Management share is 40% of Gross Income Complete HASSLE FREE OWNERSHIP!!!!!
  • 38. Cabin Management Company  Dedicated Onsite Management  Management Company Provides:  Advertising, Bookings, Distribution of Keys, Customer Billings  Maintaining Website  Supervision of Cleaning, Maintenance and General Inspections  Linens and towels and the laundry and cleaning service  Disposable items such as bath soap, dish soap, dishwasher detergent, paper towels, toilet paper, light bulbs and trash bags  Garbage Disposal & Pest Control  Cleaning and chemical maintenance of hot tubs  Coordinate Annual and Seasonal Maintenance  Monthly Statements and Payments  40% of Total Gross Income  Most Resorts do NOT have onsite management
  • 39. Management Company’s Marketing Program Our Luxury Log Cabin Resort has developed an innovative online marketing program aimed at increasing rental occupancy and differentiating our Resort and its' cabins from other resorts in the Smoky Mountains. By hiring industry experts from some of the most successful high-tech companies in the world, we are setting ourselves apart from every other cabin resort in the Smokies. Key components of our Resort’s innovative marketing program include:  A personalized website dedicated to each cabin in the resort dedicated to each owners' cabin.  Advertising for each cabin as one of a select few promoted on specialist „category‟ websites  Individual promotion of each cabin on blogs, social networking sites, partner sites including Facebook, MySpace & other popular sites online  Web-based Advertising (Google, Yahoo!, Microsoft) w/ advertisements exclusively linking to each individual cabin in the resort  At the end of each month, each cabin owner receives a personalized report that explains how many people visited their personalized cabin web site and viewed their cabin on our specialty web sites as well as how many inquiries were made about their cabin online or via email.  The key to our successful online marketing program is constant data collection, review and refinement of the program based on cabin rental performance. Our resort is constantly looking to improve and invest the in the right marketing programs required to drive high occupancy rates. Most recently, we launched a $250,000 marketing program co-branding the new SkyTrek Ziplines at our Resort to drive even more awareness and attention to our Luxury Log Cabin Resort.
  • 40. Annual Cabin Expenses 1 Bedroom with Pool Example:  HOA - $816 per Year  includes Common Ground Liability Insurance & Upkeep of the Common Areas  Utilities – $3800 per Year  Taxes - $1400 per Year  Insurance - $1400 per Year  Total Cabin Expenses - $7416
  • 41. Year 1 & Years 2-5 Cash Flow* Example - ( 1 Bedroom with Pool) • Target Gross Revenue Year 1 (at 82% Occupancy): $69,007.00 • Target Net Revenue Year 1 after 40 % Mngmnt Fees*: $41,404.00 • Target Annual Expenses: $35,080.00 (HOA, Utilities, Taxes, Insurance, Maintenance, Mortgage) • Target Annual Cash Flow $ 6,324.00 • First Year Guaranteed Lease Back $36,000.00 • Year 1Target Annual Cash Flow Incl. LB**(@82% Occupancy): $42,324.00 • Years 2 – 5 Annual Cash Flow*** (at 82% Occupancy): $ 6,324.00 Calculations:  *Net Revenue = Gross Revenue x’s 60%  ***Annual Cash Flow = Net Revenue – Annual Expenses  **Year 1 Target Annual Cash Flow = First Year Leaseback + Annual Cash Flow  ***Years 2 – 5 Annual Cash Flow = Annual Cash Flow *These target cash flows and expenses are based on a number of assumptions and are not a guaranteed result.
  • 42. Factors Mitigating Risk  Instant Equity, Planned Price Increases  Projected 8%-10% Annual Appreciation  Entitlement & Infrastructure Complete  First Year Guaranteed Lease Back  Save the Mountains Act
  • 43. Limited Allocations Available!!!! Breathtaking Views of the Smokies at the Resort Special Pre-Construction Buyer Incentives & Financing for Purchases
  • 44. HOW DO I RESERVE A LUXURY LOG CABIN & TAKE ADVANTAGE OF THE SPECIAL INCENTIVES?? 1. Complete the Reservation Form 2. Make out a $5000 Reservation Deposit Check 3. Contact the Preferred Lender to get pre-qualified 4. Select Your Specially Priced Mountain Lot & Cabin with the Developer 5. Developer will provide contract within 3-5 business days 6. Prepare to be a proud owner of a Luxury Resort Cabin in the Smoky Mountains
  • 45. To Purchase or For More Information: CALL Elocin Nire Marketing Today!!! Office: 239.410.5626 Gatlinburg/Pigeon Forge, TN “The NEW ORLANDO”