offering memorandum canyon creek camp and ......canyon creek camp and retreat center l a k e h u g h...

CANYON CREEK CAMP AND RETREAT CENTER41600 LAKE HUGHES ROADLAKE HUGHES, CA 93532

OFFERING MEMORANDUM

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AFFILIATED BUSINESS DISCLOSURE AND CONFIDENTIALITY AGREEMENT

CBRE, Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Affiliates, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the “Property”) may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum.

This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property.

This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and CBRE, Inc. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner.

Neither the Owner or CBRE, Inc, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its

contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property.

The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CBRE, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CBRE, Inc.

If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to CBRE, Inc.

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

C A N Y O N C R E E K C A M P A N D R E T R E A T C E N T E R

LAKE HUGHES ROAD

LAKE HUGHES ROAD

CONTACT US

TABLE OF CONTENTS

IZZY EICHENSTEINVice President+1 310 363 [email protected]. 00789456

TODD LAPLANTE, CCIMAssociate+1 310 363 [email protected]. 01014322

4 PROPERTY DESCRIPTION

10 AREA OVERVIEW

12 THE OFFERING

16 THE OCCUPIER

PROPERTY DESCRIPTION


5P R O P E R T Y D E S C R I P T I O N


Nestled in and completely surrounded by the Angeles National Forest, Canyon Creek Summer Camp is a Co-Ed California Summer Camp. Canyon Creek is a completely self-contained sports complex located within an hour’s drive from West Los Angeles and only 20 minutes from beautiful Castaic Lake. This is a rarely available fee title interest in a property located in a National Forest.

The 81-acre complex features prime athletic facilities, state of the art equipment and the ideal setting for children and adults to escape the distractions of city life. Through dedication to our camp families, and steadfast commitment to our campers, Canyon Creek is proud to be among the top Overnight Summer Camps on the West Coast and accredited by the American Camp Association.

Canyon Creek Summer Camp was established in January 2001 and has a 15 year operating history and is a place where all campers feel safe, cared for and made part of the community. The camp creates lasting memories, enduring friendships, and positive self-images all in an ideal and all natural setting.

PROPERTY SIZE: 81.22-ACRE MOUNTAIN RETREAT

APN Size

3243-026-002 39.86 acres

3243-026-003 2.84 acres

3243-026-004 0.57 acres

3243-026-005 6.81 acres

3243-027-001 28.8 acres

Roadways 3.05 acres

TOTAL 81.22 acres

Zoning: A2-2

Permited Uses: Adult residential facilties, crops, foster family homes, group homes, SFR (2 acre min), animal hospital and shelters, dairies, feed mills, green houses, livestock (10 acre min), equestrian facilities,poultry railings.

General Plan: Antelope Valley Aera - Wide Plan

General Plan Area: N-1, Non urban area-1

Parking: 75-100 cars plus buses

Sleeping Capacity: 288

Dining Capacity: 272 indoor

Use: Owner operated, full service summer camp, retreat center, conference center

Services: Sleep over camp, adult fantasy sports camp, school retreats, religious retreats, corporate retreats, weddings, bar/bat Mitzvah’s, family gatherings & reunions

LAKE HUGHES ROAD

LAKE HUGHES ROAD 1

2

3

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BUILDING INVENTORY

Building Quantity SF Total SF Capacity

Main Building - Dining Dorms 14,069 272 dining capacity

Workshop/Restrooms/Barn 10,245

Staff Housing 5,534

Mobile Homes 5 1,200 6,000

Lower Meeting Hall & Dorms 8,249 144 person dorm capacity

Yurt Village 6 1,000 6,000 12 person capacity per Yurt

Sleeping Dorm - Lady Jane 887 16

Classrooms 851

Sleeping Dorm - Sunset 843 24

Sleeping Dorm - Bridgeway 843 24

Chapel/Gym 489

TOTAL 58,576

LAKE HUGHES ROAD

LAKE HUGHES ROAD

LAKE HUGHES ROAD

LAKE HUGHES ROAD

CLIMBING WALLCLIMBING WALL

STREET HOCKEY RINKSTREET HOCKEY RINK

SAND VOLLEYBALL COURTS

SAND VOLLEYBALL COURTS

ROPES COURSEROPES COURSE

GAGA PITGAGA PIT

HIKINGHIKING

MINI BIKE TRACKMINI BIKE TRACK

HIKINGHIKING

TENNIS COURTSTENNIS COURTS

GOLF COURSEGOLF COURSE

BASKETBALL COURTSBASKETBALL COURTS

SWIMMING POOLSWIMMING POOL

FISHING PONDFISHING POND

FRISBEE COURSEFRISBEE COURSE

BASEBALL FIELD BASEBALL FIELD

SOCCER FIELDSOCCER FIELD

GOKART TRACKGOKART TRACK

ARCHERY RANGEARCHERY RANGE

SKATE PARKSKATE PARK

ARTS AND CRAFTSARTS AND CRAFTS

AMPHITHEATERAMPHITHEATER


LAKE HUGHES ROAD

LAKE HUGHES ROAD

FACILITIES1. Amphitheater Outdoor area with seating & stage2. Archery Range Outdoor specialized range3. Baseball Field Harold Robinson “Field of Dreams”4. Basketball Courts 3 full court outdoor basketball courts5. Climbing Wall Outdoor wall with multiple alternative6. Frisbee Course Preset course with multiple course setups7. Golf Course 4 Hole - Par 38. Swimming Pool Solar heated pool (size/capacity?)9. Ropes Course 1 full size outdoor course10. Soccer Field Full size field11. Tennis Courts 2 outdoor courts12. Volleyball Courts 1 outdoor sand court and multiple game courts13. Go Kart Track Go-cart course for multiple car racing14. Street Hockey Rink Outdoor roller hockey rink15. Shuffle Board 2 designated shuffle board hard courts16. Horseshoe Pits 2 horseshoe pits17. Mini Bike Trail 1 mini-bike course18. Fishing Pond Small fishing lake19. Skate Park Summer only20. Gaga Pit Year-round

AMENITIES1. BBQ Areas Outdoor BBQ areas2. Hiking Multiple hiking trails3. Parking Areas Parking for cars & buses4. Pathways Many on-site and leading to trails5. Walking Bridge Creek crossing6. Vehicular Bridge Entry into campgrounds

AREA OVERVIEW


11A R E A O V E R V I E W

AREA OVERVIEW

Canyon Creek Summer Camp is a fee title interest property located in the Angeles National Forest and completely surrounded by the National Forest at an elevation of approximately 3,000 feet above sea level. The sprawling campsite is situated along Lake Hughes Road which is a mountain road which goes from Castaic Lake (Santa Clarita Valley) through to Lake Hughes (Antelope Valley) in southern California.

The area is very rural, zoned A-2, which is typically either agricultural or small ranchettes on 2 acre minimum sites. Canyon Creek Summer Camp very close to the Pacific Crest Trail which goes from Mexico to Canada and is approximately 1 mile east of the camp intersecting Lake Hughes Road.

Lake Hughes Road traverses the Angeles National Forest for approximately 19 miles from Castaic Lake, with beautiful vistas along a scenic wilderness two lane highway.

CANYON CREEK CAMP AND RETREAT CENTER

THE OFFERING


13T H E O F F E R I N G

THE OFFERING

CBRE is pleased to present the following property offering opportunity on behalf of the Canyon Creek ownership which is currently operating the facility.

CANYON CREEK SUMMER CAMP AND RETREAT CENTER

The offering is for a premier California overnight camp facility with abundant recreational facilities nestled in the Angeles National Forest, fee title land included, no forestry permit or land lease. The property is being offered as an outright sale or as a net leased investment.

SALE OPPORTUNITY

$13,000,000

TARGET INVESTOR

A strategic investor would most likely fall into one of these categories:

• Private Foundations

• Corporate Foundations

• Community Foundations

• Charitable Organizations

• Corporate Giving Programs

• High Net Worth Individuals

• Philanthropists and Professional Sports Foundations

• Religious Organizations

• Enrichment Groups

• Foreign Investor(s)

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41600 LAKE HUGHES ROAD LAKE HUGHES, CALIFORNIA


15T H E O F F E R I N G

THE OCCUPIER


17T H E O C C U P I E R

THE OCCUPIER

Canyon Creek Summer Camp and Retreat Center was established in 2001 and is one of the top summer camps in California, the owners and directors have over 60 years of combined camp and teaching experience and together have worked with thousands of families to provide a diverse sports and camp program in a safe environment.

Canyon Creek Summer Camp is proud to have earned accreditation from the American Camp Association (ACA). This means that all aspects of the Canyon Creek camp facility and programs exceed the more than 240 stringent standards as defined by the ACA.

CONTACT US

IZZY EICHENSTEINVice President+1 310 363 [email protected]. 00789456

TODD LAPLANTE, CCIMAssociate+1 310 363 [email protected]. 01014322

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offering memorandum canyon creek camp and ......canyon creek camp and retreat center l a k e h u g h...

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