We currently seek a lender that shares the same passions for aviation, golf, and the outdoors to develop Aero Estates National Airpark & Golf – a 3,700-unit residential airpark and golfing community. The lender will likely be someone or a group that shares the same passions and vision who is looking for a fun, profitable and exciting project that is sustainable, legacy worthy; and incorporates a shared Flight Department. The development of Aero Estates National Airpark & Golf requires $438 million spread across a four-year funding structure. The scale of this project will be the most modern and elaborate residential airpark and golfing communities in the world. Aero Estates National Airpark & Golf will provide a unique lifestyle for its residents, visitors and will leave an everlasting impression on generations to come. Let’s build that dream!
The Veteran-Owned Company seeks to team with a lender/investor who also dreams of sharing a Flight Department with the purchase of two (2) Gulfstream GV large business jets, AgustaWestland AW139 medium-lift helicopter, Pilatus PC-24 light business jet and the Pilatus PC-12 NGX single-engine turboprop aircraft. These shared resources along with an experienced and professional Flight Department and full-service Fixed-Based Operator (FBO), will be the backbone of our aviation business to meet the requirement for efficient, safe and productive travel. The yearly Property Owner’s Association (POA) assessments for residents, non-resident golf course fees, social member fees, guest rental property, ballroom, rental hangars, pro shop, golf beverage carts and other POA funding streams; will provide the yearly operational and maintenance expenses to create a sustainable and thriving community for generations to come.
Our Mission: We’re committed to developing aviation communities and infrastructures that link all forms of transportation as an integral component of the transportation evolution.
Aero Estates National Airpark & Golf
Loan Amount Required: $438,000,000
Total Amount Returned: $833,000,000
Interest Gained: $395,000,000
Repayment Term: 11-Years
Interest Rate: 6.02%
Project Gross Income: $1,373,635,000
Development & Operational Costs Phases I-V: $958,110,575
Aero Estates Development Group will locate opportune properties (6,500+ acres) to develop Aero Estates National Airpark & Golf, initially exploring opportunities in the Southeast, Midwest and Southwest Regions of the United States. The developer’s strategic vision is to build a number of networked and themed residential airpark and golfing communities built over 15-20 years; revolving around a common shared passion: Aviation, Golf and The Outdoors. Providing aviators, aircraft owners and golfers the opportunity to share different resources at discounted rates where different amenities are available. Other locations could offer seasonal sports and activities (snow skiing, boating, equestrianism, arts and crafts, etc.). The Northern United States (i.e. Washington, Montana, Alaska or Canada) would be an ideal location for a winter sports, vast outdoor activities, hunting, etc. themed airpark community. We can easily scale the development as we have designed a smaller residential airpark and golfing community that we call Aero Estates Executive Airpark & Golf. In 15-20 years, we envision developing future land and skyport communities and skyport infrastructure (business centers, shopping malls, rooftop launchpads, etc.) as flying vehicles, aerial ridesharing, skyports and space travel bring new opportunities in the not too distant future. Residential airpark communities have similar qualities that future skyports will provide. They essentially link all forms of urban transportation, make our communities an integral component of the transportation evolution, decreasing traffic congestion, enhance quality of life and make the community more accessible to the global market.
The development of Aero Estates National Airpark & Golf Subdivision will require 3-6 months to locate suitable development sites, conduct feasibility analysis, due diligence, obtain site surveys, evaluate site data, preliminary zoning investigation and narrow down the selection to 1-2 development sites. We’ll begin refining the conceptual plan by teaming with professional aviation, club, golf and tennis firms and consultants, then begin subdivision planning with a selected design-build firm. The remaining part of the first year we’ll select a final master plan, focus on regulatory requirements and entitlements (impacts, environmental assessments, reports, studies, zone changes, etc.), conduct a site selection and enter into a Right of First Refusal Land Contract. Year two will begin with completing entitlements, subdivision platting, submitting the preliminary plan and begin the subdivision review process with the local planning board. We’ll establish a Flight Department led by experienced and licensed professionals, purchase aircraft, attend recurrent training and begin our marketing campaign to include magazine articles and attending a national airshow and golf expo. The last half of year two, we’ll finalize construction plans with the design team, receive subdivision planning approval and complete the land acquisition process. Early in the year three, we’ll break ground with a majority of the major development completed in the 3rd quarter of year four. Our detailed Action Plan outlines development, marketing and sales milestones, goals and tasks for each of the five phases required to successfully stay on schedule, within budget, meeting sales goals and mitigating risk. In years 5-11, we’ll complete the phased developments expanding available residential lots and amenities within the subdivision and focus on meeting and exceeding our yearly sales goals.
Aero Estates National Airpark & Golf is an exclusively planned 6,500+ acre, 3,400 residential lot and 300 townhome/condo unit airpark and golfing community designed for aviators, aircraft owners and golf enthusiasts wanting the finest amenities available. A world-class residential airpark and golfing community with runway and golf access from residential airpark lots, a full-service FBO, aviation business park, two (2) private championship level – signature designed 18-hole golf courses and a world-class 18-hole short course. We aspire and have designed the development to host Professional Golfers’ Association of America (PGA) tournaments in the future. The 7,000 x 120 foot instrument approach runway, adjacent 4,500 x 100 foot paved and 4,500 x 150 foot turf runways and a full-service FBO will easily accommodate large business jets and helicopters with aircraft as large as Boeing’s 757-300 and the Airbus A320-200 able to taxi back unobstructed to Phase I airpark residential lots. An Aviator Business Park with 160 hangars and 17 commercial pads with direct access to the runway will attract aviation companies, providing innovative work in the industry. Elegant grand private country club with all the amenities you would expect, restaurants, cafe, sports bar, fitness center with day spa, racquet club, resort style pool and splash park for kids and adults. The development will include two parks with fitness stations, camping, extensive jogging, walking, biking & obstacle course trails, gated 24/7 security and much more. This is an opportunity that is rare, inspiring, fun, profitable and sustainable. Yearly Property Owner’s Association (POA) assessments for residential lots and unit owners, social member fees, guest rental property, ballroom, rental hangars, pro shop, golf beverage carts and other POA funding streams; will provide the yearly operational and maintenance expenses to create a sustainable and thriving community for generations to come. Aero Estates National Airpark & Golf will provide an unforgettable lifestyle and it will leave an everlasting impression on generations to come. Let’s build that dream!
Robert Huber the developer of Aero Estates National Airpark & Golf, had the opportunity to develop Aero Estates Airpark (T25) with his family into a beautiful residential airport community on a limited personal budget. Since then, he has had the continued aspiration to develop and build a first-class aviation and golf community. Robert began conceptualizing Aero Estates National & Golf while living in Europe and has spent many years and late nights conceptualizing, consulting, pricing, and dreaming of an opportunity to build a first-class residential aviation community. Providing other aviators and golfers alike, the opportunity to live out their dreams in an upscale residential airpark.
You may have heard that there’s nothing like being able to walk out of your back door to your hangar into your plane and taking off for an adventure. Many fantasize about the lifestyle of living in a community of like-minded and fun-minded aviators, aircraft owners and golfers. More and more pilots, aircraft owners and golfers are finally deciding to stop dreaming and to start living at residential airpark and golf communities across the country.
RESIDENTIAL UNITS WITH RUNWAY AND GOLF COURSE ACCESS
7,000′ X 120′ PAVED RUNWAY WITH GPS APPROACHES
ADJACENT 4,500′ X 100′ PAVED RUNWAY
ADJACENT 4,500′ X 150′ TURF RUNWAY
FULL-SERVICE FBO WITH COMMERCIAL HANGAR
TWO CHAMPIONSHIP LEVEL SIGNATURE DESIGN 18-HOLE PAR 72 PRIVATE GOLF COURSES
AND A WORLD-CLASS 18-HOLE SHORT COURSE
ELEGANT GRAND PRIVATE COUNTRY CLUB, SPA AND FITNESS CENTER
TENNIS AND PICKLEBALL COURTS AND RESORT STYLE POOL WITH SPLASH PARK
JOGGING AND BIKING TRAILS, PARKS AND CAMPING AREA
GATED FRONT ENTRANCES WITH 24/7 ON-SITE SECURITY
7,000 x 120 FOOT RUNWAY WITH GPS APPROACHES
ADJACENT 4,500 x 100 PAVED RUNWAY
ADJACENT 4,500 x 150 TURF RUNWAY
Foot Paved Runway
Square Foot FBO/Pilot Lounge
18-Hole Championship Golf Courses
Aero Estates Executive Airpark & Golf’s lighted paved runways and adjacent turf runway will be the gateway to the world with adjacent homes and will be the focal point for annual fly-in events. Airpark residents will enjoy runway access from residential lots, full-service FBO, GPS Approaches, Pilot-Controlled Lighting (PCL), Automated Weather Observing System (AWOS), Standard Instrument Departures (SID), Medium Intensity Approach Lighting System with Runway Alignment Indicator Lights (MALSR), Precision Approach Path Indicators (PAPI), Airport Beacon, and FAA compliant lighted Helipads with PAPI.
FBO/Pilot Lounge and Hangar
18,000 Square Foot Full-Service FBO and 60,000 Square Foot Hangar
Gated Front Entrance
Two 24/7 Manned Security Entrance and Exit Locations
The modern designed guard-gated front entrances will be the vehicle and pedestrian entrance point for the community. Security guards will control access, conduct roving patrols, enhancing the safety of the residence and their assets, and providing an added level of protection for the airpark amenities. We will leverage security technology solutions to automate entry procedures for the residence, easily allow registering of guests and to monitor activity outside and within the airpark. All designed to maximize safety, protect you, your family and your property.
Elegantly Designed Grand Country Club
An elegantly designed private grand country club with pro shop, restaurants, cafés, sports bar, fitness center with day spa, racquet club with a tournament main center court, ten synthetic clay tennis courts and eight pickleball courts, resort style pool, splash park and outdoor spaces are good for pleasure and business. With the right amenities and features, the surrounding country club location becomes a go-to destination for friends and family when they are not in the air, playing a round of golf, tennis, swimming, biking or enjoying the other amenities available. The country club with front and back wrap around covered patio seating, will be furnished comfortably and with a touch of custom decorative accents, fireplaces and lighting to capture the moment. The club will be the focal point for those playing golf, tennis, swimming, enjoy a meal or just a common place to come and meet friends to relax.
Signature and Championship Designed Golf Courses
Two (2) Championship Level – Signature Designed 18-Hole Par 72 Courses, 18-Hole Par 3 Short Course
We will team with a well-known and respected golf course designer(s) to create the championship-level signature designed 18-hole par 72 golf course designed to host PGA tournaments, an additional signature designed 18-hole par 72 golf course, along with a world-class 18-hole par 3 short course masterpiece. Some people think golf is a sport stuck in traditional ways, but it is actually constantly evolving. New and exciting courses have battled their way into the golf rankings, and we will make every attempt to achieve the expert’s high ranking. The course layouts will focus on testing a pro golfer’s skills through a variety of doglegs, distances, and hazards through a diversification of different shots. The intent is to design each course around the ambiance, where you can sense the traditions of the game of golf.
Pools with Lap Lanes, Splash Park and Water Features
There’s nothing more refreshing than plunging into a sparkling pool on a hot day with the blue sky above. The private “waterfront” tailor-designed resort-style pool will feature infinity edges, lap lanes, water features, a splash park for kids, glamorous landscaping, cabanas, and automated cleaning and heating. The pool area will be an extension of the modern and elite fitness center coordinating trim details and colors, to include an outdoor kitchen for parties and gatherings.
Racquet Club with Tennis & Pickleball Courts
Tournament Main Center Court with 24 Lighted Tennis and Pickleball Courts
Sports are great for so many different reasons. They all (well most) offer great workouts, competition, camaraderie and fun. But what sport is the best? Well tennis is, of course! A first-class racquet club with a tournament main center court, 14 synthetic clay tennis courts and 10 pickleball courts, will be perfect for the competitive player or maybe to take a lesson from someone to improve your game. The courts will be separated by covered sitting areas to relax between games and to enjoy time with friends.
Jogging, Biking and Hiking Trails
Extensive Improved Surface Trail System
The extensive jogging, hiking and obstacle course trail system throughout the fly-in community will provide an outdoor sanctuary for those interested in exercising, exploring, hiking, walking or just enjoying the natural wilderness. The intent is to provide active individuals the ability to challenge every muscle in your body via running and bike course, to an integrated obstacle course on and off the trails.
Phase I Pilot (Year 1) – $9,992,000
12-Month Pilot: Scout Identified Properties to Develop, Conduct Feasibility Analysis, Due Diligence, Consult with Aviation, Club, Golf and Tennis Professionals to Finalize Designs, Team with Golf Professional(s) to Design/Build Golf Courses, Site Survey, Begin Regulatory Requirements & Entitlements, Subdivision Planning with Design-Build Firm, Select Master Plan and Enter into Right of First Refusal Land Contract.
Phase I (Year 2) – $156,745,400
12-Months: Complete Entitlements, Subdivision Platting, Submit Preliminary Plan and Begin Subdivision Review Process, Establish Flight Department, Purchase Aircraft, Begin Marketing Campaign Magazine Articles in Top Aviation, Golf and Other Best Selling Magazines, Exhibit at the National Golf Expo and the EAA AirVenture Oshkosh Fly-In Convention, Finalize Construction Plans with the Design Team, Receive Preliminary Subdivision Planning Approval and Complete Land Acquisition Process.
Phase I (Year 3) – $237,424,150
12-Months: Construction Permits Approved, Construction Stakeout, Construction Begins (Clearing/Demo, Grading), Set Temporary Construction Office, Development and Office Equipment Purchase, Final Subdivision Approval, Rough Grading, Wet & Dry Utilities, Begin Construction of Golf Courses, Runways, Phase I Roads and Taxiways, Develop 145 Phase I Residential Lots, Begin Construction of FBO with Hangar, Country Club, Fitness Center, Tennis and Pickleball Courts and the Gated Front Entrances, Corporate Office and Model Homes, 12 Commercial Hangar/Building Sites, Exhibit at the Golf Industry Show, SUN’nFUN Aviation Expo, EAA AirVenture Oshkosh Fly-In Convention and the NBAA Aviation Convention & Exhibition (NBAA-BACE), Phase I Roads and Taxiways Completed, Runway and Aircraft Parking Area Completed, Airport Beacon/AWOS/VASI Installed, Aviation Self-Serve Fuel Systems Installed.
Phase II – $194,514,075
12-Months: Begin Construction on 160 Hangars, Complete Phase II Roads and Taxiways, Develop 374 Phase II Lots, FBO/Pilot Lounge and Gated Front Entrance Completed, Runway and Phase II Taxiway Lighting Completed, Park, Camping Grounds and Jogging/Walking Trails, FAA Airport/Runway Approval, Exhibit at the Denver Golf Show, Chicago Golf Show, SUN’n FUN Aviation Expo, Paris Air Show, EAA AirVenture Oshkosh Fly-In Convention and the NBAA Aviation Convention & Exhibition; Construction Completed on the Golf Courses, Country Club, Maintenance Facilities, Fitness Club, Tennis & Pickleball Courts and the Resort-Style Pool, Host our Open House and Host the First Scheduled Airpark Fly-In Event.
Phase III – $100,568,100
12-Months: Complete Phase III Roads and Taxiways, Develop 436 Phase III Lots, Exhibit at the National Golf Expo, an International Golf Event, SUN’n FUN Aviation Expo, EAA AirVenture Oshkosh Fly-In Convention, Athens Flying Week Air Show and the NBAA Aviation Convention & Exhibition, Major Development Items Inspected, Punch List Completed, Host Annual Golf and Tennis Tournaments.
Phase IV – $95,440,900
2-Years: Complete Phase IV Roads and Taxiways, Develop 1,036 Phase IV Lots, Transition Airpark Management to the Property Owner’s Association, Exhibit yearly at the Golf Industry Show, National Golf Expo, SUN’n FUN Aviation Expo, an International Golf Event, EAA AirVenture Oshkosh Fly-In Convention, NBAA Aviation Convention & Exhibition, Singapore Air Show and Dubai Air Show International Events, Host Yearly Fly-In Event, Golf & Tennis Tournaments.
Phase V – $163,542,950
4-Years: Complete Phase IV Roads and Taxiways, Develop 1,797 Phase V Lots, Exhibit yearly at the National Golf Expo, SUN’n FUN Aviation Expo, an International Golf Event, EAA AirVenture Oshkosh Fly-In Convention, NBAA Aviation Convention & Exhibition, attend 5-6 International Aviation and Golf Events, Host Yearly Fly-In Event, Golf & Tennis Tournaments.
Our marketing strategy and Action Plan focuses on targeting a niche aviator/aircraft owners and golfing industry by exhibiting at selected domestic and international aviation and golf trade shows 6-7 times a year, maximizing internet and social media marketing and SEO strategies to drive traffic and buyers to our website and subdivision. We’ll strategically place magazine articles and advertisements to attract potential buyers and create opportunities to close the sale. Our internet and social media marketing (YouTube, Instagram, Facebook, Vlogs, Blogs, etc.) is a core focus for driving potential buyers to our website and to the subdivision to meet our sales goals. The Director of Sales and Marketing will lead our development team in a forward-looking approach with the fundamental goal of achieving a sustainable competitive advantage from other established residential airparks and golfing communities. We’ll also explore options to advertise and develop sales not only domestically, but in Canada, Europe, Asia and South America. We will accomplish this through the following means:
- Advertising budget is $23.5M over ten years
- Leverage SEO strategies for website and social media platform presence to attract traffic and buyers and provide valuable data about our customers
- Exhibit yearly at three (3) U.S. national air shows and exhibitions (AirVenture Oshkosh, SUN ‘n FUN EXPO, NBAA Aviation Convention & Exhibition , etc.) and one (1) international air show (i.e. Paris Airshow, Athens Flying Week, The ILA Berlin Air Show, etc.) promoting the residential airpark with a combined audience of over one million per year
- Exhibit yearly at three (3) U.S. national golf expos and shows (National Golf Expo, Golf Industry Show, etc.) and one (1) international golf show promoting the residential airpark & golfing community with a combined audience of over one million per year
- Placement of articles and advertisements in nationally recognized magazine publications: Flying Magazine 6 times a year (192,000 circulation, 466,000 total reach), Aircraft Owners and Pilots Association (AOPA) Pilot Magazine 6 times a year (495,000 Reach based on circulations and distribution to airports/FBOs and aviation events), Golf Magazine and Golf Digest 6 times a year (3,000,000 circulation combined), and Forbes, Money, Wired, Esquire, GQ, Maxim, Details, Traveler, Outside, etc. throughout the year
- Enlisting services that will keep the website at the top of key internet search engines, email marketing sequences
- Provide short virtual tours and encourage buyer testimonials on our website and social media platforms
- Link exchange with aviation and golf enthusiast-oriented websites
- Increase advertising and special promotions to coincide with seasonality peaks
- Explore options to generate sales abroad and stay within budget
Our core sales team consists of the Director of Sales & Marketing, two Sales Managers, VP of Golf and Club Operations and the CEO/Developer that will follow an Action Plan to implement a clear sales process and goals, to quickly position us to maximize market share and to create growth. Early in the development phase, we anticipate a fast sales cycles as we offer luxurious amenities to both aviators and aircraft owners, but also to a broad golfing community. We’ll drive business to our website and subdivision through a comprehensive marketing campaign that includes maximizing internet and social media marketing, SEO strategies, exhibiting at aviation and golf trade shows and strategically placed magazine articles and advertisements in nationally recognized magazine publications. The new subdivision offering custom homes, runways, full-service FBO, signature designed golf courses, elegant country club, fitness facility and multiple outdoor recreational activities will attract local, second and third home buyers. We’ll make connections with prospective buyers, develop customer profiles to enhance our marketing plan and capitalize on relationships where we’ve built trust to ask for specific referrals – to dramatically amplify targeting our niche market and improve our sales strategy. We took a conservative approach outlined below based on subdivision sales models to derive the number of lots we will sell per year, by aggressively marketing a niche aviator/aircraft owners and golfing industry.
Year 3: 145 Lots at $46,330,000
Year 4: 374 Lots/Units/Commercial Pads/Hangars at $127,520,000
Year 5: 438 Lots/Units/Sites/Hangars at $159,655,000
Year 6-7: 1,039 Lots/Units/Hangars at $404,515,000
Year 8-9: 922 Lots/Hangars at $336,875,000
Year 10-11: 875 Lots at $298,740,000
Lender Funding Structure
Year 1 – Pilot: $10,000,000
Year 2: $170,000,000
Year 3: $190,000,000
Year 4: $68,000,000
Total Funding: $438,000,000
Loan Repayment Structure
Year 5: $56,000,000
Year 6: $144,000,000
Year 7: $162,000,000
Year 8: $123,000,000 – Payback Period
Year 9: $128,000,000
Year 10: $105,000,000
Year 11: $115,000,000 – Maturity Date
Total Repayment: $833,000,000
About the Management
Robert E. Huber, PMP – CEO/Developer
Robert previously owned and developed Aero Estates Airpark (T25) from 2002 to 2012. Aero Estates Airpark is a successful residential airport community located on 120-acres along Lake Palestine in East Texas. Aero Estates Airpark has a 3,100 x 60-foot Bermuda grass runway, taxiways from all lots, pilot-controlled lighting, heliport, float plane dock, visual approach slope indicator (VASI) and a four-acre lakefront common area.
Robert’s family founded the company to provide aviation enthusiasts with a pilot-friendly community in a shared interest residential environment. Robert was responsible for property development, operations, future development, marketing and sales. It was a great opportunity and time to conceptualize and develop the property with his father George and stepmother Maud. They built a beautiful airpark on a shoestring budget, based on hard work, determination, perseverance and a lot of learning along the way. Of course, they made mistakes, and then quickly learned from them. They also learned how important it is to work closely with the Property Owner’s Association on many issues that affected the community as a whole. They had numerous fly-in events and brought in the surrounding community from around the airpark to get them better antiquated with the neighborhood. Residents enjoy afternoons and evenings on the lakefront paired with airpark gatherings, boating, water sports, and watching float planes come in and out.
Robert developed and sold 167 residential airpark lots at Aero Estates Airpark. He attended numerous airshows like EAA’s AirVenture Oshkosh Fly-in Convention in Wisconsin and the Sun-n-Fun Expo in Florida as an exhibitor to get exposure and successfully generated business. Robert routinely placed advertisements in magazines, sent brochures from purchased mailing lists, sent monthly emails to potential clients and provided personal tours of the airpark. In 2005, Robert bought his father and stepmother out of the business and then sold the remaining few acres of property in late 2012.
Robert received a Bachelor of Science in Aeronautical Science from Embry Riddle Aeronautical University in Daytona Beach, Florida in 1997. He is a certified Project Management Professional (PMP), who holds a Commercial Pilot Certificate with Multi-Engine and Instrument Ratings, and a combat veteran with multiple tours. He is currently a Program Manager and business developer supporting international and domestic project initiatives that span the fields of Biometrics, Identity Management, Forensics and Military Intelligence. Robert has a successful track-record in land development, residential airpark operations, program management, problem solving, sales, and training. Robert began conceptualizing Aero Estates National Airpark & Golf while living in Europe and has spent many years and late nights conceptualizing, consulting, pricing, and dreaming of an opportunity to build a first-class residential aviation and golf community.
Jay S. Porter, CCM – Vice President of Golf & Club Operations
Jay has been in the golf and country club business for more than 30-years and has managed some of the most prominent clubs in the World. Jay’s resume includes 7-years as General Manager at Merion Golf Club currently ranked by Golf Magazine at #12 in the World and #6 in the USA. Merion is the site where a young Bobby Jones closed out the Grand Slam in 1930 and Ben Hogan won the 1950 U.S. Open only a year after nearly perishing in a horrific car accident. Merion Golf Club has hosted more U.S.G.A. Championships than any other club in history.
Most recently, Jay took over as General Manager at Lanhai International Golf Club outside of Shanghai, China. Lanhai had recently been acquired by the PingAn Group, the wealthiest insurance company in the world and whose Chairman has a passion for the game of golf. Among other improvements, Jay worked with OCCM Golf Course Design and Tour Pro Geoff Ogilvy’s team to fully renovate one of the two courses on the property. The renovation drew high praise from the dozen Golf Magazine panelists who visited and played the new course. Jay has also worked with Nicklaus Design, Fazio Design and Arthur Hills in previous projects.