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Hait Reservoir WATERFRONT TBD W MOUNTAIN RD — MCCALL, ID

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Hait Reservoir WATERFRONT TBD W MOUNTAIN RD — MCCALL, ID Call for Offers Due April 30, 2019 OFFERING MEMORANDUM Hait Reservoir WATERFRONT TBD W MOUNTAIN RD — MCCALL, ID ±56 Lakefront Acres with Dock Rights and JOHN STARR JIMMY ROUMANIS West Mountain Frontage 208 472 2836 208 472 2840 [email protected] [email protected] Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 HAIT RESERVOIR WATERFRONT Transaction Guidelines Purchase Terms / Disclaimers 1. The form Purchase Agreement will be provided in the call-for-offers website. Call 2. In order to submit an offer, each buyer will need to submit the form Purchase Agreement in Word to Colliers by3:00 PM for Tuesday, April 30, 2019; such Purchase Agreement shall be revised to reflect purchase price, earnest money amount, due diligence period, and other terms; all revisions made to the form Purchase Agreement shall be shown via redline. Offers Additional instructions on call-for-offers website. 3. It is imperative all prospective buyers understand that this sale is an “as is-where is” sale. There will be no seller Due representations or warranties or seller party liability. These terms are non-negotiable. As such, seller parties must select the highest and best offer made. The seller reserves the right, at its sole discretion, to reject any and all offers to acquire April the Property and/or to terminate discussions with any prospective purchasers, at any time, with or without notice. 30th 4. Written evidence of each buyer’s financial and legal ability to consummate the transaction shall be included with the marked up Purchase Agreement as well as a buyer profile/bio. If a financing contingency is included, all details (including contact information) regarding the source of equity/debt necessary for the purchase must be included. 3PM 5. Colliers will make available specific inspection times. All prospective buyers shall coordinate site inspections with Colliers. Photos in this document may not be the actual subject site but are representative of site and are actual locations within a 3-4 mile radius of subject site. Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 HAIT RESERVOIR WATERFRONT Property Overview Profile Property Name: Hait Reservoir Waterfront Asking Price: $499,000 Address: TBD West Mountain Road Municipality: McCall, Valley County, Idaho Land Size: ±56.93 Acres Parcel: RP17N02E022130 Zoning: Mixed Use, Residential/Agriculture Utilities: Power, Phone Water Rights: TBD Very Limited – just a little road in and Improvements: a couple of log landings Water Access: Year-round and Dock Rights Lakefront: ±1,320 Feet Hait Reservoir Frontage Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 HAIT RESERVOIR WATERFRONT Location & Transportation Location » Directly north of 3324 West Mountain Road, Valley County, Idaho » 7.5 Miles to McCall Municipal Airport » 15 Miles to Brundage Mountain Ski Area Highway 55 to New Meadows » 13.9 Miles to Tamarack Resort and Brundage Mountain Resort » 8.5 Miles to Mile High Marina on Payette Lake » Steps to Hait Reservoir Transportation SITE » From State Highway 55 in McCall, Idaho, proceed west on Deinhard to West Mountiain Road. Turn south on West Mountain Road and proceed 5.8 miles to ranch headquarters on east side of road, just south of Blackhawk Lake turning. Same instructions for getting there from McCall Airport. » From State Highway 55 in Donnelly, Idaho, proceed north on State Highway 55 approximately 4 miles and turn west on Smylie Lane just north of the Lake Fork crossing. Proceed to West Mountain Road and proceed north approximately 3 miles to ranch headquarters on east side of road. To Cascade, Donnelly and Tamarack Resort » From the Boise Airport. Proceed west on Interstate 84 to Eagle Road/SH 55 exit, Exit 46. Proceed north, following SH 55 directions to Cascade, Donnelly and McCall. About 2 hours travel time after leaving interstate. Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 HAIT RESERVOIR WATERFRONT Recreation & Climate Recreation » HIKING Nearby public lands trails and on the property. » BOATING Payette Lake – Sailing, powerboating, other still water activities. North Fork Payette River – Class I and II through and near the property. Suitable for kayak, canoe, stand up paddle board and other small stream activities. » SNOWMOBILING Nearby public lands trails and on the property. » SKIING / XC Nearby public lands trails and on the property. Downhill – Brundage Mountain, Little Ski Hill, Tamarack Resort. Hunting & Fishing » HUNTING Big Game Unit 24. See https://idfg.idaho.gov » FISHING North Fork Payette River. See https://idfg.idaho.gov Climate » Plant Hardiness Zone: 4b, low temps -25 to -20 F. » Average Annual Precipitation: 20” to 30” Farm & Ranch » AGRICULTURE None currently. Irrigation available and deliverable. » LIVESTOCK Currently leased as summer pasture for cattle. » FENCING Fencing includes calving/remuda pasture close in, fencing along the road and south boundary. » WATER Duffner Creek (LIVE), Full access to Hait Reservoir including dock rights (STILL). Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 HAIT RESERVOIR WATERFRONT About McCall, Idaho Located two hours north of Boise, McCall is a vibrant resort town nestled between forested mountains and the shores of Payette Lake. During Winter Carnival, craftsmen come from far and wide to showcase stunning snow sculptures and skiers and boarders ply the slopes at Brundage Mountain Resort. In the summer, McCall buzzes with activity as visitors enjoy the water sports, hiking, biking, dining, and the sunshine McCall is known for. Arts & Culture Music & Nightlife Wellness Dining Activity Local artisans pull inspiration The soundtrack of our There is a freshness to Whether you’ve been mountain » 5 impressive regional from the natural splendor community is enhanced mountain living that soothes biking up the backside of golf courses of Idaho and channel it by musical performances the soul and McCall has lots Brundage or simply doing » 20,000 acres of snow into amazing pieces of ranging from classical to of ways to partake. Treat nothing-sweet-nothing, you’ve for skiing or boarding art featured at multiple country. Whether it is at one yourself to a spa day, work got to eat! Luckily, McCall and ≥300 inches of local galleries. The Alpine of our annual music festivals up a sweat at the gym or has restaurants to satisfy snow each winter Playhouse brings the thrill or the weekly live music hit the trails for an outdoor almost every craving or palate. of the stage to life with performed around town, run. Cap it all off with a soak From quick and tasty take- » Class I-V rafting/ productions throughout the McCall’s diverse music scene in any one of our natural out to casual fine dining and kayaking year and also plays host to may just surprise you. geothermal hot springs rich everything in between, there is » ≥300 alpine lakes the Seven Devil’s Playwright with minerals. something for everyone here » 500 miles of public Conference annually. in the Heartland. hiking/biking trails https://www.mccall.id.us/ | https://mccallchamber.org/ | http://discovermccall.com/ Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 HAIT RESERVOIR WATERFRONT Area Overview IDAHO TAX OVERVIEW Sales and Use Tax in Idaho is 6%. This would apply to items purchased or consumed in Idaho. Exemptions are available for CORPORATE equipment and raw materials used directly in manufacturing, MINIMUM INCOME TAX processing, or fabrication; clean rooms used in semiconductor and 7% $7.25/hr WAGE semiconductor equipment manufacturing; and any equipment or material used in research and development activities. SALES & USE TAX We do not tax services including telecommunication services, and 6% utilities such as water, gas, electricity, or natural gas. In our region we do not have any local option sales tax. STATE UNEMPLOYMENT INSURANCE RATE Property Tax personal (machinery/equipment) and real (land/ 1.91% buildings) – based on market value. 2018 Rates: Ada County Average Range: 1.1% - 1.8% 1.6%-7.8% Bannock County Average Range: 0.8 - 1.2% PERSONAL INCOME TAX Canyon County Average Range: 1.5% - 2.5% #2 BEST RATE RANGE Elmore County Average Range: 1.8% Rate range on a bracketed Twin Falls County Average Range: 0.82% STATE system based on income levels Property tax rate Idaho does not have an inventory tax. (2013 Tax Foundation Study) Corporate Income Tax – Computed at 7.4% of the Idaho taxable income of a corporation. Corporations that are taxable in Idaho and another state or country or are part of a unitary group of PROPERTY corporations, use a 3 factor formula to ascertain how much of the UNION MEMBERSHIP business is conducted in Idaho. The apportionment formula is made EXEMPTION up of a property factor, a payroll factor, and a sales factor. These 7.1% (NAT’L AVG: 11.9%) First $100,000 of personal three factors, with the sales factor being double weighted for all property is exempt from taxation taxpayers except for electrical and telephone companies, are totaled and divided by 4 to compute the Idaho apportionment factor. The IDAHO IS A Idaho apportionment factor is then applied to the business income of the corporation to compute income assigned to Idaho. Non-business right to work income allocable to Idaho is added to the income apportioned to STATE Idaho to arrive at Idaho taxable income. Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 HAIT RESERVOIR WATERFRONT TBD W MOUNTAIN RD — MCCALL, ID JOHN STARR JIMMY ROUMANIS 208 472 2836 208 472 2840 [email protected] [email protected] Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 This document has been prepared by Colliers International for advertising and general information only.
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