1809 Arctic.
Investor Pitch Deck · Atlantic City
Confidential — for discussion purposes only
01 · Executive Summary
A prime mixed-use opportunity in Atlantic City.
This project addresses a significant market gap for modern lodging with essential amenities — new construction featuring 24 mixed-use units, a vibrant ground-floor restaurant, and convenient on-site parking.
Program
furnished residences plus two commercial units over an IA podium.
Position
walk to the Atlantic City Convention Center, in the CBD.
The Ask
equity raise with a 6% preferred return to investors.
02 · Market Opportunity
The gap is the thesis.
Atlantic City has urgent demand for apartment-style lodging with adequate parking — and almost no modern supply outside the casino towers. 1809 Arctic is designed to fill that void with a superior guest experience and strong investment potential.
- Strong ROI potential — growing demand for modern lodging in a revitalized market.
- Favorable tax incentives — local development incentives spur new construction.
- High occupancy projections — steady demand from convention-goers and tourists.
- Risk mitigation — short/mid-term rental model means no evictions and lower turnover costs.
03 · The Building
Five stories, one complete program.
- 24 furnished residences across four floors, with balconies and skyline aspect.
- Ground-floor restaurant anchoring the street and securing commercial tenancy.
- Rear parking + premium fitness center — the amenities this market chronically lacks.
- Roof terrace amenity deck for guests.
Gross Area
estimated gross building area.
Construction
residential over podium, CBD zoning.
Schedule
construction timeline.
Resilience
FEMA AE zone, BFE 9.0′.
04 · Strategic Location
Seven minutes from everything.
1809 Arctic Avenue sits in the central business district — between the Convention Center, Tanger Outlets, and the beach. Convention demand, retail traffic, and oceanfront tourism all converge on this address.
- 7-minute walk to the Atlantic City Convention Center.
- Adjacent blocks to Tanger Outlets — The Walk.
- Walking distance to ShopRite and Starbucks for extended stays.
- Short walk to the Boardwalk and Atlantic City's renowned beaches.
05 · Business Plan
Build, furnish, distribute.
Strategy
Fill the gaps in lodging inventory in Atlantic City — apartment-style stays with parking, in the CBD.
Execution
Build 24 furnished units plus restaurant and parking facilities as one integrated asset.
Marketing
Airbnb, VRBO, Furnished Finder, and direct outreach to corporate clients.
Operating model targets short and mid-term stays — higher yield than traditional multifamily, with no evictions and lower turnover cost.
06 · Construction Budget
Priced to AACE standards.
| Cost Category | Amount | % Total | $ / GSF |
|---|---|---|---|
| Hard Costs — Direct Trade Work | $6,614,395 | 60.4% | $220.48 |
| Hard Costs — General Conditions | $664,300 | 6.1% | $22.14 |
| GC Fee / Overhead & Profit | $582,296 | 5.3% | $19.41 |
| Builder's Risk Insurance | $98,262 | 0.9% | $3.28 |
| Construction Contingency | $636,740 | 5.8% | $21.22 |
| Total Hard Costs | $8,595,993 | 78.6% | $286.53 |
| Total Soft Costs | $2,347,000 | 21.4% | $78.23 |
| Total Project Cost (excl. land) | $10,942,993 | 100.0% | $364.77 |
Class B schematic design estimate per AACE International standards; accuracy −15% / +25%. Open-shop labor with limited union scope (elevator, fire sprinkler). South Jersey / Atlantic County pricing with coastal and flood-zone premiums, reflecting Q2 2026 lumber, steel, and labor markets. Excludes land, off-site improvements, and retail tenant FF&E.
07 · Offer Summary
Structured for transparency.
Total Project
total project cost including land.
Equity Raise
Class A, B, C equity waterfall.
Preferred Return
to investors, paid first.
Exit Valuation
projected at the 8-year mark.
Preferred Return 6%
Paid to investors first, ahead of sponsor participation.
Month-37 Refinance 98%
Targeted return of $10,996,246 of investor capital.
Class A Equity
Senior split after the preferred return.
Class B Equity
Mezzanine tier allocation.
Class C Equity
Residual returns, distributed last.
08 · Key Financial Metrics
The numbers that matter.
Projected IRR
internal rate of return over the hold.
Equity Multiple
total cash return on original equity.
Stabilized NOI
projected annual net operating income.
Average Daily Rate
per night, projected.
Occupancy
projected stabilization trajectory.
Cash-on-Cash
average; ranging 5.1% – 16.1% over hold.
Projections are estimates based on the sponsor's underwriting and are not guarantees of future performance.
09 · Portfolio & Case Studies
Proven on smaller stages.
Little Rock, AR
equity returned · $1.2M purchase · $180–250 nightly rates.
Orange Loop · AC
equity returned · $2.5M purchase · $300–450 nightly rates.
Ocean Ave · NJ Shore
equity returned · $4.0M purchase · $500–800 nightly rates.
The sponsor team has acquired, operated, and returned capital on short-term rental assets across three markets — including the Orange Loop in Atlantic City itself.
10 · The Team
Development, hospitality, local depth.
James Kang
Development & Finance
Seasoned real estate developer with a proven track record across acquisition, financial structuring, construction management, and market analysis — from acquisition to exit.
Jeanie Kang
Hospitality & STR Operations
Extensive experience in hospitality management and short-term rental operations — guest experience, dynamic pricing, and operational efficiency that maximize revenue.
Beth & Kurt Kwart
Local Market & Property Management
Atlantic City market experts with invaluable insight into local regulations, community engagement, and property management.
11 · Exit Strategy
A structured path to liquidity.
Step 1 · Construction
Complete the development — 24 units, restaurant, and parking — on a 16–20 month schedule.
Step 2 · Refinance
Secure new financing at stabilization to return 98% of initial investor capital at month 37.
Step 3 · Exit
Realize a projected $19.5M exit valuation at the 8-year mark through sale or long-term hold.
Request the full investor package: invest@1809arctic.com
This presentation is provided for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. Any such offer will be made only by means of confidential offering documents to qualified investors.