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WHAT IS OWNER’S
QUARTERS?
When you purchase an Owner’s Quarters Interest,
you enter into a vacation lifestyle that combines
the benefits of second home ownership with the
amenities of an luxurious resort and the
services offered by your Personal “Owner’s
Quarters Vacation Liaison Team”.
Your “OWNER’S QUARTERS” Residence…
We’ve set our standards high…
Your 4 bedroom/4 bath villa features:
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Over 2,100 square feet of oceanfront enjoyment
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Granite countertops
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Extensive tile
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Fully appointed kitchens
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Spacious bedrooms
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Expansive balconies with incredible views of the North Myrtle Beach
coastline and Atlantic Ocean
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Wireless Internet access
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Digital
LCD/HDTV flat screen TV’s with DVD players throughout
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iHome Stereo radio in living area with iPod docking station
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This is
not intended to be an offer to sell nor a
solicitation of offers to buy real estate in South Carolina by residents
of Connecticut, Hawaii, Idaho, Illinois, New York, New Jersey and
Oregon, or in any other jurisdiction where prohibited by law.
 MARKETING BY DRAKE
DEVELOPMENT COMPANY USA
 357 Lake Arrowhead Drive
Myrtle Beach, SC 29572
Toll-free: (888) 280-5743 Local: (843) 280-5743 Fax: (843)
272-7958
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And right outside your door…
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110 ft. Oceanfront Pool
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200 ft. Lazy River
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2 Oceanfront Hot Tubs and Kiddie Pool
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On-site Property Management |
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Indoor Pool
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Exercise/Fitness Room
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Sunning deck with beach access
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Located in desirable Crescent Beach |
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And only minutes away from all the Grand Strand has to offer…
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A variety of entertainment venues
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Hundreds of Restaurants
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Miniature golf
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State Parks
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Minor League Baseball
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Dinner cruises on the Intracoastal Waterway
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Scuba Diving or Swim with the Dolphins
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Day spas |
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Over 120 golf courses
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Malls
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Fishing Charters
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Botanical Gardens
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The Aquarium
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Weekly fireworks display at Barefoot Landing
and Broadway at the Beach
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Plane and helicopter tours |
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PLUS MORE!
This
is
not intended to be an offer to sell nor a
solicitation of offers to buy real estate in South Carolina by residents
of Connecticut, Hawaii, Idaho, Illinois, New York, New Jersey and
Oregon, or in any other jurisdiction where prohibited by law.
MARKETING BY DRAKE DEVELOPMENT COMPANY USA
357
Lake Arrowhead Drive
Myrtle Beach, SC 29572
Toll-free: (888) 280-5743 Local: (843) 280-5743
Fax: (843) 272-7958
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And the best part….ALL
THIS WITHOUT ALL THE HASSLE…
Your “Personal Vacation Liaison Team” handles all the details leaving the
enjoyment up to you! We can recommend
restaurants, book a tee time or a relaxing day at the spa. Your “Personal
Vacation Liaison Team” is just a phone call away
to assist you in making the most out of your precious vacation time.
How
does the OWNER’S QUARTERS program work?
Your
Ownership Interest in an OWNER’S QUARTERS villa consists of 4 weeks per
year, of deeded undivided interest. The
ownership schedule is based upon a 13-week rotating schedule giving each
owner 1 week per season.
Each year, your ownership interest advances forward
one week. (See example usage schedule.)
This
is
not intended to be an offer to sell nor a
solicitation of offers to buy real estate in South Carolina by residents
of Connecticut, Hawaii, Idaho, Illinois, New York, New Jersey and
Oregon, or in any other jurisdiction where prohibited by law.
MARKETING BY DRAKE DEVELOPMENT
COMPANY USA
357
Lake Arrowhead Drive
Myrtle
Beach, SC 29572
Toll-free: (888) 280-5743 Local: (843) 280-5743
Fax: (843) 272-7958
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There are no hidden
fees or charges….
There will be decisions that have to be made from time to time and
Your “Owner’s Quarters Vacation Liaison Team”
will coordinate with your elected board of directors to manage the
day-to-day and ongoing management of your vacation
home. A monthly fee has been established to provide enough funds to
efficiently operate and maintain your Owner’s
Quarters condominium. This budget along with your board of directors
is subject to change, but are both controlled by
you and your 12 co-owners. The “Owner’s Quarters Vacation Liaison Team
“will do everything necessary to manage your
condominium as long as your board agrees that our services are needed.
We will go out of our way to make every effort
to satisfy you and the rest of the owners in your Owner’s Quarters
condo, however, we are employed by your
board of directors
and we will operate
the unit at their direction.
Own as much
time as you need…
Since
your ownership interest is deeded real estate and is yours and your
assigns forever, many owners opt to purchase multiple interests
thereby giving them the ability to visit North Myrtle Beach more
often.
Enhance your
ownership experience with “Trade to Travel”…
"Trade To Travel is "The Club" for owners of luxury leisure assets of
all sorts: exceptional residences, and vacation homes, motor and
sailing yachts, staffed and un-staffed villas, chalets, castles,
estates, enchanting inns and boutique hotels, bed and breakfasts,
flats, spas, penthouses, private aircraft and private islands. Their
extensive registry currently includes nearly 400 properties in 29
countries valued between $1 million and $12 million. … That's a LOT of
luxury. And, they are ever growing with over 1200 properties
worldwide. With Trade to Travel working together with your management
company, you can enhance your 4 weeks per year with their extensive
inventory of vacation properties and creative usage programs allowing
you to almost travel at will. (*)Your “Owners Quarters Vacation
Liaison” can further explain! (*) Based on availability
Sample of a "Trade to Travel" property
This
is
not intended to be an offer to sell nor a
solicitation of offers to buy real estate in South Carolina by residents
of Connecticut, Hawaii, Idaho, Illinois, New York, New Jersey and
Oregon, or in any other jurisdiction where prohibited by law.
MARKETING BY DRAKE
DEVELOPMENT COMPANY USA
357 Lake Arrowhead Drive
Myrtle Beach, SC 29572
Toll-free: (888) 280-5743 Local: (843) 280-5743 Fax: (843)
272-7958
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OWNERS' QUARTERS |
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USAGE SCHEDULE |
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Owning four weeks allows you to have One Week per Year in each of
the Four Seasons |
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Each Interest rotates one week forward every 12 months. For example
in the Winter of 2008, Interest A |
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is the first week of the quarter. Therefore, in 2009,
Interest A
rotates to the second week of each
quarter |
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and in 2010, Interest
A rotates to
the third week of each quarter and so forth. Simply put, after 13
years, |
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you will have had the opportunity to visit and vacation in North
Myrtle Beach during your allocated week |
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for every week of the calendar year ! |
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Owners have the option of swapping weeks to accommodate their
schedules. Owners may contact each |
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other directly or ask their Vacation Liaison Team to arrange an
exchange for them. |
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IT'S AS EASY AS THAT! |
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SUMMER 2008 |
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FALL 2008 |
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A |
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06-29 - 07-06 |
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09-28 - 10-05 |
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B |
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07-06 - 07-13 |
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10-05 - 10-12 |
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C |
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07-13 - 07-20 |
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10-12 - 10-19 |
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D* |
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07-20 - 07-27 |
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10-19 - 10-26 |
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E |
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07-27 - 08-03 |
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10-26 - 11-02 |
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F |
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08-03 - 08-10 |
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11-02 - 11-09 |
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G |
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08-10 - 08-17 |
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11-09 - 11-16 |
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H |
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08-17 - 08-24 |
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11-16 - 11-23 |
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I |
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08-24 - 08-31 |
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11-23 - 11-30 |
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J |
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08-31 - 09-07 |
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11-30 - 12-07 |
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K |
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09-07 - 09-14 |
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12-07 - 12-14 |
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L |
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09-14 - 09-21 |
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12-14 - 12-21 |
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M |
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09-21 - 09-28 |
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12-21 - 12-28 |
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WINTER 2009 |
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SPRING 2009 |
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SUMMER 2009 |
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FALL 2009 |
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M |
12-28 - 01-04 |
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03-29 - 04-05 |
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06-28 - 07-05 |
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09-27 - 10-04 |
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A |
01-04 - 01-11 |
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04-05 - 04-12 |
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07-05 - 07-12 |
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10-04 - 10-11 |
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B |
01-11 - 01-18 |
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04-12 - 04-19 |
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07-12 - 07-19 |
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10-11 - 10-18 |
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C* |
01-18 - 01-25 |
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04-19 - 04-26 |
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07-19 - 07-26 |
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10-18 - 10-25 |
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D |
01-25 - 02-01 |
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04-26 - 05-03 |
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07-26 - 08-02 |
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10-25 - 11-01 |
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E |
02-01 - 02-08 |
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05-03 - 05-10 |
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08-02 - 08-09 |
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11-01 - 11-08 |
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F |
02-08 - 02-15 |
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05-10 - 05-17 |
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08-09 - 08-16 |
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11-08 - 11-15 |
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G |
02-15 - 02-22 |
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05-17 - 05-24 |
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08-16 - 08-23 |
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11-15 - 11-22 |
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H |
02-22 - 02-29 |
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05-24 - 05-31 |
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08-23 - 08-30 |
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11-22 - 11-29 |
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I |
02-29 - 03-08 |
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05-31 - 06-07 |
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08-30 - 09-06 |
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11-29 - 12-06 |
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J |
03-08 - 03-15 |
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06-07 - 06-14 |
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09-06 - 09-13 |
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12-06 - 12-13 |
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K |
03-15 - 03-22 |
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06-14 - 06-21 |
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09-13 - 09-20 |
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12-13 - 12-20 |
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L |
03-22 - 03-29 |
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06-21 - 06-28 |
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09-20 - 09-27 |
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12-20 - 12-27 |
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WINTER 2010 |
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SPRING 2010 |
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SUMMER 2010 |
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FALL 2010 |
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L |
12-27 - 01-03 |
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03-28 - 04-04 |
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06-27 - 07-04 |
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09-26 - 10-03 |
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M |
01-03 - 01-10 |
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04-04 - 04-11 |
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07-04 - 07-11 |
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10-03 - 10-10 |
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A |
01-10 - 01-17 |
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04-11 - 04-18 |
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07-11 - 07-18 |
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10-10 - 10-17 |
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B* |
01-17 - 01-24 |
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04-18 - 04-25 |
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07-18 - 07-25 |
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10-17 - 10-24 |
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C |
01-24 - 01-31 |
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04-25 - 05-02 |
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07-25 - 08-01 |
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10-24 - 10-31 |
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D |
01-31 - 02-07 |
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05-02 - 05-09 |
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08-01 - 08-08 |
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10-31 - 11-07 |
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E |
02-07 - 02-14 |
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05-09 - 05-16 |
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08-08 - 08-15 |
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11-07 - 11-14 |
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F |
02-14 - 02-21 |
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05-16 - 05-23 |
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08-15 - 08-22 |
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11-14 - 11-21 |
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G |
02-21 - 02-28 |
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05-23 - 05-30 |
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08-22 - 08-29 |
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11-21 - 11-28 |
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H |
02-28 - 03-07 |
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05-30 - 06-06 |
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08-29 - 09-05 |
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11-28 - 12-05 |
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I |
03-07 - 03-14 |
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06-06 - 06-13 |
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09-05 - 09-12 |
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12-05 - 12-12 |
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J |
03-14 - 03-21 |
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06-13 - 06-20 |
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09-12 - 09-19 |
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12-12 - 12-19 |
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K |
03-21 - 03-28 |
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06-20 - 06-27 |
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09-19 - 09-26 |
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12-19 - 12-26 |
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WINTER 2011 |
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SPRING 2011 |
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SUMMER 2011 |
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FALL 2011 |
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K |
12-26 - 01-02 |
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03-27 - 04-03 |
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06-26 - 07-03 |
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09-25 - 10-02 |
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L |
01-02 - 01-09 |
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04-03 - 04-10 |
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07-03 - 07-10 |
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10-02 - 10-09 |
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M |
01-09 - 01-16 |
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04-10 - 04-17 |
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07-10 - 07-17 |
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10-09 - 10-16 |
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A* |
01-16 - 01-23 |
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04-17 - 04-24 |
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07-17 - 07-24 |
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10-16 - 10-23 |
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B |
01-23 - 01-30 |
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04-24 - 05-01 |
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07-24 - 07-31 |
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10-23 - 10-30 |
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C |
01-30 - 02-06 |
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05-01 - 05-08 |
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07-31 - 08-07 |
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10-30 - 11-06 |
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D |
02-06 - 02-13 |
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05-08 - 05-15 |
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08-07 - 08-14 |
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11-06 - 11-13 |
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E |
02-13 - 02-20 |
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05-15 - 05-22 |
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08-14 - 08-21 |
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11-13 - 11-20 |
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F |
02-20 - 02-27 |
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05-22 - 05-29 |
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08-21 - 08-28 |
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11-20 - 11-27 |
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G |
02-27 - 03-06 |
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05-29 - 06-05 |
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08-28 - 09-04 |
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11-27 - 12-04 |
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H |
03-06 - 03-13 |
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06-05 - 06-12 |
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09-04 - 09-11 |
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12-04 - 12-11 |
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I |
03-13 - 03-20 |
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06-12 - 06-19 |
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09-11 - 09-18 |
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12-11 - 12-18 |
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J |
03-20 - 03-27 |
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06-19 - 06-26 |
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09-18 - 09-25 |
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12-18 - 12-25 |
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* Denotes Maintenance Week … See details in the
Covenants, Rights & Restrictions |
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* Denotes Maintenance Week … See details in the
Covenants, Rights & Restrictions
MARKETING BY DRAKE
DEVELOPMENT COMPANY USA
357 Lake Arrowhead Drive
Myrtle Beach, SC 29572
Toll-free: (888) 280-5743 Local: (843) 280-5743
Fax: (843) 272-7958
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PROJECTED ANNUAL BUDGET
Crescent Shores # 1003 |
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North Myrtle Beach, SC |
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As of 8-01-2007
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Annual |
Monthly Total |
MonthlyPer Share 1/13 |
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Master Regime HOA |
$8,040 |
$670.00 |
$51.54 |
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Replacement Reserve & Contingency |
$1,800 |
$150.00 |
$11.54 |
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Property Taxes |
$3,840 |
$320.00 |
$24.62 |
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Electricity |
$1,800 |
$150.00 |
$11.54 |
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Housekeeping |
$5,600 |
$466.66 |
$35.90 |
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Insurance |
$840 |
$70.00 |
$5.38 |
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Management Fee |
$3,900 |
$325.00 |
$25.00 |
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TOTAL |
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Annual
$25,820 |
Monthly Total
$2,151.67 |
Monthly Per Share
$165.51 |
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All budget figures are good faith estimates based on current
information. Actual expenses, including taxes and insurance, may
vary.All renderings and floor plans are conceptual in nature and are
subject to change. Not an offer to sell nor a solicitation of offers
to buy real estate in South Carolina by residents of Connecticut,
Hawaii, Idaho, Illinois, New York, New Jersey and Oregon, or in any
other jurisdiction where prohibited by law. |
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CRESCENT SHORES FEATURES
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Spacious
4 bedroom, 4 bath villa that sleeps 12:
2 King beds, 2 bedrooms with 2 Queens each
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Wide
entry foyer with decorative chair rail
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Entire
villa has coordinated custom paint and wall paper
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Professionally decorated and complete with 400 thread count Pima cotton
bed linens and 100% ring-spun cotton bath and beach towels
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Luxurious
granite countertops, backsplash and breakfast bar in the kitchen
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Fully
appointed kitchens including washer, dryer and all small appliances
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Master
Bathroom features whirlpool tub with granite surround and large
glass-enclosed separate shower
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All baths
are featured with granite countertops
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Sliding
glass doors from both the living room and master bedroom providing
access to expansive oceanfront balconies
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Ceramic
tile foyer, hallway, kitchen and baths
v Digital
LCD/HDTV flat screen TV’s with DVD players throughout
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Home Stereo radio in living area with iPod docking station
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Wireless
Internet access
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110 ft.
oceanfront pool
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200 ft.
Lazy River
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2
Oceanfront hot tubs and kiddie pool
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Indoor
pool
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Exercise/Fitness room
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Sunning
deck with direct beach access
MARKETING BY DRAKE
DEVELOPMENT COMPANY USA
357 Lake Arrowhead Drive
Myrtle Beach, SC 29572
Toll-free: (888) 280-5743 Local: (843) 280-5743
Fax: (843) 272-7958
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MARKETING BY DRAKE
DEVELOPMENT COMPANY USA
357 Lake Arrowhead Drive
Myrtle Beach, SC 29572
Toll-free: (888) 280-5743 Local: (843) 280-5743
Fax: (843) 272-7958
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