HOLIDAY ISLAND, AR--(Marketwired - Feb 21, 2017) - Holiday Island Holdings, Inc. (OTC PINK: HIHI), a development stage company operating in the land development sector of the market, announced today that it is in talks with the seller to identify and determine the order of the acquisition of income producing properties at Holiday Island, Arkansas.
The Company has the opportunity to acquire, further develop, commercial and residential real estate located at Holiday Island, Arkansas. It expects to purchase certain properties at a discount to market value and ultimately dispose at market premium prices.
Acquisitions are planned to start in the 2nd quarter of 2017, starting with high occupancy, high return shopping center rental properties, and continue through the end of this year and into 2018.
Gene Thompson, CEO of Holiday Island Holdings, said, "We are first targeting commercial properties located in the Holiday Island Shopping Center with high occupancy and returns, including medical, storage, and retail facilities with strong tenants."
The Company's main goals for 2017 are to finalize a multi-million dollar fund raise and become a significant player in local commercial and residential markets at Holiday Island, Arkansas."
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. For additional information, please visit the Company's website at www.holidayislandholdings.com.
About Holiday Island Holdings, Inc. (OTC PINK: HIHI):
Holiday Island Holdings, Inc. is operating its core business in land development in a continued effort to acquire and further develop income producing commercial and residential real estate located in Holiday Island, Arkansas. The company is in the process of further developing a town poised to become the largest community between Northwest Arkansas Metroplex and Branson, Missouri, and prosper in its participation in the local retail, commercial, and residential markets.
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