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[Robertscott]

$HIHI has a $200,000 Acquisition in the Works

As announced in recent press releases, the Company’s strategy is to acquire certain properties located in the Holiday Island Shopping Center at a discount to market value, operate them at high yield, with the option to dispose at premium market prices.

In addition to the two Medical Clinics and Heliport, and the three (3) top performing commercial buildings, Holiday Island Holdings, Inc. (“HIHI”) now has the opportunity to acquire the only operating restaurant located in Holiday Island Shopping Center, Holiday Island, Arkansas.

This restaurant’s “El Mariachi” annual net rental income is $16,000 with an ROI of 8.0 %. The acquisition cost is $200,000. The plan is to close in 30 to 60 days.

In keeping with the Company’s acquisition strategy to initially purchase high yield, high occupancy commercial income producing properties located in the Holiday Island Shopping Center, starting with the El Mariachi Restaurant ($200,000), and later the Medical Clinics and Heliport ($1.5 M), and then the three (3) top performing commercial ($2.0 M).

Gene Thompson, CEO of the Company said, “This is yet another development indicating the commercial activity in the Holiday Island Shopping Center is heating up, and we have the opportunity to put a solid income producing asset on the books in very short period of time.”

Holiday Island Holdings, Inc. will keep both its shareholders and public completely informed of the entire process as the details continue to develop. Please watch for regular press releases about the Company’s progress.

https://finance.yahoo.com/news/holiday-island-holdings-inc-adds-144701938.html