Recreational Land/Conservation Easement
TRG believes the subject property, while not in position to be intensely developed as a residential community, has great potential to be developed in a way that is in alignment with the excellent outdoor recreation opportunities that abound in the vicinity of the Winyah Bay and surrounding coastal regions near Georgetown, SC. The property entails 15 acres with a private lake and access to navigable waters by means of rights to a boat ramp.
Investment returns have already been realized through the implementation of a conservation easement. TRG in the process of selling the residual portion of the property.