Lot 50 Martis Camp - Truckee, California
Top Ridge in Saddlehorn - Bigfork, Montana
The Monterra - Whitefish, Montana
Buffalo Stage Professional Park - Kalispell, Montana
We invest in fee-simple, leasehold or first lien interests in residential and commercial properties located in recreational communities, primarily in the mountain west, which are characterized by more than one of the following attributes:
• Require acquisition and development of $1 million to $10 million;
• Offer value-add opportunities such as: lease-up, re-plat, renovate, reposition, redevelop to highest and best use;
• Are valued at a significant discount to replacement cost;
• Are inefficiently managed or financed;
• Possess complex ownership or other hairy issues;
• Offer current returns in addition to capital appreciation.
We have a steady flow of investment opportunities available for consideration by qualified investors. Also, we welcome the submittal of investment proposals meeting the above criteria at: firstname.lastname@example.org. CedarHouse is invested in a condominium unit in the highly amenitized Monterra Development located in Whitefish near Whitefish Moutain Resort and Glacier National Park. Amenities include: walking trails, ponds, tennis courts, steam room, golf simulator, workout facilities, movie theater, community kitchen, pool tables, swimming pool and hot tub. During our ownership & management, we have kept market rents with a zero vacancy rate. CedarHouse is invested in three (3) homesites in the highly amenitized Saddlehorn Development located in Bigfork. Amenities include: walking trails, ponds, a marina on Flathead Lake, welcome house, riding arena, trapper's cabins and a conceierge. The three homesites are located in the highly desirable "Top Ridge" area (the highest point in the community) and enjoy outstanding views of Flathead Lake, Bigfork and the Flathead Valley.
Hidden Harbor Boat Slips - Bigfork, Montana
Swan Lake Land - Bigfork, Montana
Twin Oaks Farm - Troup County, Georgia
San Carlos - Gulf Shores, Alabama
Whetstone - Mt. Crested Butte, Colorado
CedarHouse is invested in a homesite in the highly amenitized Martis Camp Development. Amenities include: a Fazio golf course, the Camp Lodge with full dining, spa, golf simulator, workout facilities; the Family Barn with bowling alleys, basketball courts, art studio, movie theater, community kitchen, pool tables, tennis courts, swimming pool and hot tub. CedarHouse is invested in a 3-bedroom, 3-bath ski-in/ski-out condominium in Mt. Crested Butte, Colorado. As the only unit of 8 with southwest exposure, this property in the Whetstone building offers morning sun from the private deck and direct access to the slopes of Crested Butte Mountain Resort. The property cashflows with vacation rentals covering more than the ownership costs. CedarHouse is invested in a 3-bedroom, 3-bath beachfront condominium in Gulf Shores, Alabama located in the prestigous, 20-story San Carlos complex. In addition to the commanding views of the Gulf of Mexico, this property benefits from a host of amenities including an outdoor pool, fitness room, sauna, meeting rooms and outdoor grills. The property cashflows with vacation rentals covering more than the ownership costs. CedarHouse is invested in 15,000 square feet of Class "A" professional office space located off Whitefish Stage Road that is located close to Reserve and Highway 93 in the growth area of North Kalispell. Base lease rate is $12 NNN/yr with minimum 3 year term lease. Property is currently 100% leased. Two half acre lots remain for build-to-suit projects or further development. Visit our Availalbe Property page to learn more about this investment. CedarHouse is invested in 10 acres of waterfront property on Swan Lake. This property is located on the Southern end of Swan Lake adjacent to the Swan River National Wildlife Refuge and to millions of acres of public land in the Flathead National Forest. Swan Lake has seen major investment in the last several years with the restoration of the historic Kootenai Lodge, which was the summer playground for the "copper kings" that worked and played in early 20th century Montana. This property enjoys spectacular views of the Swan Mountain Range. CedarHouse is invested in three (3) boat slips in the Hidden Harbor Marina on the northern end of Flathead Lake in Woods Bay. This marina was recently redeveloped in 2009 with new docks, parking, boat launch and other amenities. The 98 boat slips are located in the most protected harbor on Flathead Lake which, at 197 square miles, is the largest, natural freshwater lake west of the Mississippi River. It is one of the cleanest large alpine lakes in the world. CedarHouse is invested in 176 acres in Troup County, Georgia located in close proximity to the new Kia plant, which manufactures the popular Sorento and Optima models. The property enjoys good road frontage and consists of rolling hills, hay fields, a 2,000 square foot home and out buildings. Currently,the property is held for investment and subject to a residential lease, hunting lease and hay cutting lease.
Homestead Cabin 9, Spanish Peaks - Big Sky, Montana
CedarHouse principals helped conceive designs for this first cabin cluster at Spanish Peaks and contracted to purchase this 2,400 square foot residence in 2004 before ground breaking for $1.2 million. Due to market demand, the property was sold within one year of closing at a 1.8 multiple and an internal rate of return of 82%. Amenity rich Spanish Peaks is also the home of a Tom Weiskopf golf course.
Lot 16 Gold Link Subdivision - Mt. Crested Butte, Colorado
Lot 10 Skyland Subdivision - Crested Butte, Colorado
CedarHouse principals purchased this 0.9-acre site in Crested Butte in 1994 and oversaw the design and construction of a 2,800 square foot home completed in 1995. Total cost of the land and improvements was $459,000. The property was occupied for 5 years as a principal residence and sold for a multiple of 1.7 times and an internal rate of return of 8.4%. CedarHouse principals purchased this 0.7-acre site in 2000 in Crested Butte and oversaw the design and construction of a 4,200 square foot home completed in 2003. Total cost of the land and improvements was $914,000, which was sold within 30 days of completion for a multiple of 1.4 times and an internal rate of return of 25.2%.
Lot 34 Elk Ridge Spanish Peaks - Big Sky, Montana
CedarHouse principals purchased this 1.4-acre site in 2005 in Spanish Peaks and designed a 6,500 square foot home investing a total of $666,000. Prior to construction, the property was sold to the contractor at a multiple of 1.8 times and an internal rate of return of 77%. The property is currently listed for $4.4 million. Amenity rich Spanish Peaks is also the home of a Tom Weiskopf golf course.