Hodges Ward Elliott is pleased to offer Cypress Bend Resort, a picturesque lakefront destination located at the Texas-Louisiana border. Sitting on the shores of Toledo Bend Reservoir among 517* scenic acres, there is significant potential for further development. Leveraging the Resort’s current offerings, irreplaceable scenery, and global trends, there is untapped opportunity for both residential development (with utilities in place) and to expand the current Hotel and facilities.A true outdoorsman’s paradise, the 95-key Resort includes a newly rebuilt 18-hole championship golf course, award-winning fishing on one of the top bass-fishing lakes in the country, nature trails, a beauty spa, state-of-the-art conference center, special event venues, and a freshly renovated lobby, full-service restaurant, and cocktail lounge. Cypress Bend stands as one of the premier resorts in all of Louisiana with ample opportunity to further establish itself as a must-visit destination.
* Includes land that is owned, leased, or with a right of first refusal option.
Summary of Offering
Components to be conveyed include the existing hotel, golf suites, conference center, 197 acres of land currently owned, 165 acres of land currently leased (includes the golf course), 142 acres of land with right of first refusal rights, and 13 acres of land owned by the Sabine River Authority, developable with a lease amendment. The combination of the existing facilities and untapped development potential of the remaining acres presents a prime opportunity to capitalize on the current improvements and amenities, with many different development possibilities.
Location
Cypress Bend Resort sits on the eastern shores of the 186,000-acre Toledo Bend Reservoir (the south’s largest man-made body of water) in Sabine Parish, Louisiana. For guests arriving via air, the closest airports are Hart Memorial Airport (18 miles), Shreveport Regional Airport (83 miles), and Alexandria International Airport (89 miles), all of which offer commercial flights and car rental services. Easily drivable from populous and growing markets such as Dallas, Houston, Beaumont, Baton Rouge, Lake Charles, Lafayette, and New Orleans. For an interested investor, an opportunity exists to install a private airstrip at the Property.
INVESTMENT HIGHLIGHTS
Recently Rebuilt Championship Golf Course
Consistently ranked as one of the top golf courses in Louisiana and known as the crown jewel of the Audubon Golf Trail, Cypress Bend Resort’s 18-hole championship golf course recently underwent a complete reconstruction. With striking views reminiscent of Pebble Beach, the golf course is a premier destination for golfers of all skill levels. Directly accessible from the Hotel, guests can step right outside and get their round started or watch as golfers finish up on the eighteenth green.
Current ownership currently leases the golf course to a third-party operator who incurs all financial responsibility. The lease, however, is terminable if a new investor would like to take over the operations. Notably, the golf course receives free water through a lease agreement with the Sabine River Authority.
Award-Winning Fishing
Sitting on the largest man-made lake in the south (over 186,000 acres) and twice ranked the #1 Bass Fishing Lake in the Country by Bassmaster, the Toledo Bend Reservoir has a reputation as some of the best fishing available in the nation. Cypress Bend Resort makes it easy for guests to partake, either through guided fishing excursions with expert help or using their own boat and a nearby boat ramp.
Untapped Development Opportunities
The Offering includes extensive land that is ripe for development with all utilities in place. Current ownership commissioned a masterplan study outlining the topography, development potential, and possible uses such as such as single-family lots, upscale RV sites, cabins, floating cabins, glamping tents, bungalows, boat docks/marinas, beach-side restaurants, expanding the current hotel and amenities, and a plethora of other options. The current masterplan can accommodate nearly 240 single-family lots, 75 cabin lots, 96 RV sites, and 40 glamping tents.
Real estate developers are free to use the provided masterplan but are in no way obligated to it. The Cypress Bend Resort is a perfect canvas for a creative and opportunistic group to capitalize on the current reputation and global travel trends. The possibilities are endless.
Perfect Group Destination
The conference center, connected to the hotel and operated under a token lease with the SRA, features a fine dining facility, sports themed social room, large great room with twin, wood-burning fireplaces, billiard and game tables, an indoor/outdoor pool, fitness center, day spa facilities, a multi-functional ballroom, breakout rooms, and an executive boardroom. Crowning the facilities is an 82-seat amphitheater learning center, with ergonomic seating, projection, and audio/visual systems. When combined with the serenity of this unique location and the recreational options available to the attendees, i.e., championship golf, world-class guided bass fishing excursions, nature trails, spa indulgences and the beauty of the horticultural diverse gardens, the facility becomes a pre-eminent destination for group getaways, corporate retreats, and wedding parties.
Operational Flexibility - Wyndham Flag Available if Desired
Currently operating under the Wyndham umbrella, a new owner has the option of keeping the flag upon completion of a moderate guest room PIP, or they can decide to go a different route with a different flag or turn it independent. The physical plant is excellent, and the views are stupendous, leading to endless opportunities for the future operations of the Resort.
