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Holiday Island Holdings, Inc. Adds a $200,000 Commercial Income Producing Acquisition

HOLIDAY ISLAND, Ark., July 25, 2017 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc.  (OTCPink:HIHI), a development stage company operating in the land development sector of the market, released the news today that there is an additional $200,000 acquisition in the works.

/EIN News/ -- 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.  For additional information, please visit the Company’s website at www.holidayislandholdings.com.

About Holiday Island Holdings, Inc. (OTCPink: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.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

HIHI Contact:

Gene Thompson, CEO & Chairman
Phone: (479) 244-6047
Email: sgenethompson@gmail.com 
Website: www.holidayislandholdings.com