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Buckeye Opportunity Zone Fund Launches with Development of Ghost Towns into Glamping Resorts and Off-Road Theme Parks

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The Executive Management team led by Tammy Cline CEO of Independent Concepts, is Open to Accredited Investors During the $25,000,000 raise in a Series A Round.

The Buckeye OZ Fund has a diversified management team with 50+ years of combined experience in Fund Management and Ground-up Development; making it the #1 Ghost Town Resort Developers in the country.”
— Tammy Cline; CEO Independent Concepts
GOODYEAR, AZ, UNITED STATES, May 3, 2023/EINPresswire.com/ -- Buckeye Opportunity Zone Fund (Buckeye OZ Fund, LLC) launches a private equity fund seeking accredited investors for investment into Ghost Town theme-park development projects across Arizona. The executive management team led by Tammy Cline Founder of Independent Concepts, LLC are raising $25,000,000 in a Series A Round. The Buckeye OZ Fund, managed and developed by Independent Concepts is now open for and seeking capital gains Investors.

The Buckeye OZ Fund converts rural land in Opportunity Zone (OZ) areas into income-producing properties that support sustainable high-profit OZ businesses. Staying ahead of growth and development, the Independent Concepts team are beyond fund professionals, they are also community builders. The investment into recreational land and tourism businesses are naturally low risk and high yield assets like RV Camping, off-road vehicle rentals/tours, and old west themed parks and venues. (Land preservation is an indirect benefit to development projects proposed).

The Buckeye OZ Fund was created to raise the necessary capital of $25 million in round A to invest in ghost towns located in Opportunity Zones. Revitalizing historically significant towns that have been left abandoned and making them economically viable through development of off-road recreational attractions; preserving the cultural pastimes of the working class ahead of progress through community inspired development. The Fund will utilize the tax break incentives created by the Tax Cuts and Job Acts of 2017 for designated Opportunity Zones in the U.S. The Buckeye OZ Fund has recognized and targeted enough property to sustain and grow for a decade or better for the growth of investor profit and gains. An alternative to the 1031 exchange, investors will realize a smoother method of real estate investment portfolio growth without lifetime commitments to the 1031 program. This tax-incentive program is only being offered for a limited time and will expire in 2047 forever. The Tax Cuts and Jobs Act of 2017 created QOZ Program to provide potentially significant tax benefits to investors who re-invest capital gains in long-term investments in these areas.

Benefits of investing capital gains into a Qualified Opportunity Fund (QOF)
-Temporary Deferral of Taxes on Previously Earned Capital Gains.
-Investors can defer tax on any prior Capital Gains deposited into a Qualified Opportunity Zone Fund (QOF) until 2026.
-Permanent Exclusion of Taxable Income on New Federal Capital Gains Tax.
-For investments held for at least 10 years, investors pay no taxes on any capital gains produced through their investment in the Opportunity Fund.
Why Ghost Towns in Opportunity Zones?
-550% of the Offroad market in the Phoenix Metro area is underserved within a $2.6 billion industry.
-Land and development costs are lower than all other RE projects.
-Future land value is higher than other development projects once assets are placed into operation.

Initial investment projects:
Off-Road theme park / Ghost Town Campground / Glamping Resort
Arizona is the mecca for off-roading, camping and outdoor activities. Buckeye OZ Fund is starting with the development of Camp Crag. Situated in an abandoned area of the Arizona desert that is now in the path of expansion and population growth, Interstate 11 will be within sight of the campground in the not-so-distant future. Near the Ghost Town of Crag, Arizona is also 1000’s of acres of Solar panel farms, changing the desert view dramatically. Currently this area is used by OHV and 4x4 vehicles for recreational activities such as camping, target practice, and offroad exploring. With the expansion of areas in the Phoenix metro area this area is beginning to see RV campers, Hikers, and naturists. This has created the perfect opportunity to convert the 120-acre area near the Ghost Town into servicing a recreational community of over 2 million people. Crag would join an industry that in 2018 was generating 1.86 billion dollars in revenue just for Arizona off-road businesses. The team behind this project are all enthusiasts to this type of venture and are outstanding members of this off-road community. The Glamping experience and Off-road adventures will increase exponentially as more areas like Crag become consumed by development; either highways houses, or hotels. By investing into off-road ghost town development, there is an indirect benefit to preserving land and wildlife ahead of massive development projects while utilizing the amazing tax incentives that the OZ program offers. The Buckeye OZ Fund has a diversified management team with 50+ years of combined experience in Fund Management and Ground-up Development; making it the #1 Ghost Town Resort Developers in the country.

Status: Open to Investors
Type of Fund: LLC Reg D
Asset Classification: Multiple Assets
Active Potential Investments: 5
Fund Administration: OZInvested.com
Anticipated Returns: 28%
Fund Terms:
Round A $25,000,000
Minimum Subscription $50,000

Invest Today!
Team at Independent Concepts
Tammy Cline – CEO
Nicci Thurman – CFO
Thomas Dobcyzk – Director of Development
Esai Bolderoff - Chief Operation Officer
Roman Rubio - Economic Development Director

DISCLAIMER:

Articles featured on this page are for informational purposes only. This is not an offer to sell nor a solicitation to buy Buckeye OZ Fund, LLC. That can only be done by our current Confidential Private Placement Memorandum (“CPPM”). Securities offered by Buckeye OZ Fund, LLC. For accredited Investors only. Limited liquidity. The shares being sold in this offering have not been approved or disapproved by the Securities and Exchange Commission or any state’s securities division. Nor has the Securities and Exchange Commission or any state securities department passed upon the accuracy or adequacy of the CPPM or the disclosures provided therein. Any representation to the contrary is a criminal offense. The information contained in this website is for general information purposes only. The information is provided by Buckeye OZ Fund, LLC and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Thomas Dobczyk
Buckeye OZ Fund
+1 602-888-9199
invest@buckeyeoz.com
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