Whistle Holdings, LLC

Whistle Holdings, LLC is a Tennessee Limited Liability Company that develops and sells equity shares of recreational hunting properties in the State of Arkansas. It offers high-end equity shares in recreational properties that fills a niche for higher net worth individuals.

 

Whistle Holdings, LLC ideal customer is established, higher net worth individual that wants access to a property for use with family and/or business clients. Growth and demand for developed properties in the Mississippi Flyway over the past 5 years, due to the waterfowl industry that generates 70 million of economic benefit in Arkansas alone and 1.5 Billion throughout the U.S., which the Mississippi Flyway accounts for 48% of that revenue, there is a market and demand for these developed properties in this section of Arkansas. Our current business has spent the last 10 years building relationships and catering to our current customers. 

 

Given the demand for these types of properties, our developed properties will provide a solution to the hardships that must be overcome to successfully waterfowl hunt in Arkansas.  People are willing to pay a premium for assets that provide this type of hunting access. Whistle Holdings, LLC has a waiting list of individuals that have been qualified and are ready to buy an equity share of a developed property. Whistle Holdings, LLC also has industry partnerships and contacts to market the sale of these equity shares beyond the waiting list.  This particular project currently has in place a group of 10 individuals ready to purchase 1/10 equity shares at $350,000.00 each for a total of $3,500,000.00. The 10 individuals for this project have signed letters of intent to purchase these shares when the improvements are complete.  

 

Whistle Holdings, LLC is ran by Chad Wilson, founder, and currently generates $700,000+ of annual revenue from developing and sub-letting other individuals properties for waterfowl hunting. He has extensive experience over the last 10 years in both the successful development of these types of properties and sub-letting said properties to individuals and companies for profit. Whistle Holdings, LLC also offers guided waterfowl hunts with industry partners that consistently introduces us to new customers as they book hunts. 

 

This property consists of 193 acres of Timber and Buck Brush with the world renowned L’Anguille River running through the property on its west side. This property is located in one of the best areas in Arkansas for waterfowl hunting. Currently, there are no other developed properties within a 20 mile radius of this property to provide competition to this property. While the main focus of this property will be waterfowl hunting it also provides world class deer hunting. The L’Anguille River provides a constant flight path of waterfowl that is proven over the past 100+ years. The property also has another small creek that enters the property on the east side flowing to the river. Both the river and the creek provide sources of water to flood the property during hunting seasons that allows for waterfowl hunting. 

 

The Budget for this Project is $2,800,000.000USD, you would hold 1st lien position against the property secured by a deed of trust filed with the State and County as security for your investment. Title policy will be purchased to protect us from any claims from past owners. $2,630,000.00 of the budget is allocated for the purchase price and $170,000.00 of the budget is allocated for improvements. All monies will be wired directly to the closing attorney and improvement monies will be held in escrow being released in sections as the improvements are completed. The local real estate Appraiser is willing to act as a 3rd party to verify the completions of improvements as pre-determined milestones are hit and completed. Monies for the improvements wouldn’t be released until the 3rd party verified that the current milestone was completed.  The improvements will consist of building dirt levees with water control structures through sections of the property to control water. The objective is to keep water out during the off season to allow for planting of rice and corn that will act as a food source for the waterfowl and to flood the property which will be held by water control structures during the hunting season. Water control structures consists of pipes that go through the dirt levees with board riser boxes on one side that can be blocked off to hold water or removed to allow water to flow and leave the property. Dirt ramps with gravel tops will also need to be installed off the dirt levees in certain sections to allow tractors to access during off season to plant the food source. The dirt levees will be built with track hoes and dozers. The individual that will complete this work is an 80 year old that has been in the farming and dirt work field his entire life. He is also a land owner of one of the properties my business currently leases and sub leases as part of our business. We have a long relationship with this individual and have completed several other projects for other landowners in the past together.  We will also create a nice gravel parking area in our section of the easement and pour a concrete boat ramp to allow for metal boats to be launched into the property when it is flooded during the hunting season. We have other contractors in place to complete the work related to the gravel parking lot and concrete boats ramps. We also have relationships with other individuals that offer dirt work service if you some reason the current individual became unable to complete the necessary improvements. Currently, we are in the driest part of the year so getting this deal funded and closed ASAP provides the best chance to get all improvements complete this summer. Timeline from funding to sale is 12-18 months and that allocates us time next summer to finish the improvements if they all aren’t all able to be completed this summer. 

We have the opportunity to complete 10 of these developments in the next 36 months with the right equity partner.