Mt. Ida Reserve

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The Opportunity

Berkadia Hotels & Hospitality has been exclusively retained in connection with the solicitation of offers to acquire the fee simple interest in the awe-inspiring, 2,761-acre Mt. Ida Reserve estate, located along the famed Monticello Wine Trail of Charlottesville, Virginia. An enchanting, rustic manor enclosed with iron-gate fences and formerly owned by one of the most recognized figures in the world – Bernard Arnault (founder and CEO of Louis Vuitton) – Mt. Ida Reserve was named the ‘Crown Jewel of the Commonwealth’ by Realtor.com as a result of the world class destination’s award-winning vineyard and 250-seat, tasting room and taphouse, 15-barrel craft brewery, grandiose suite of elegant wedding/event venues, private lakes/streams, picturesque rolling hills, spectacular Blue Ridge mountain views, and two, 8-stall, fully-appointed stables formerly occupied by the world-renowned Clydesdales of Budweiser. Current ownership has spared no expense over the past two decades and invested nearly $50 million in curating the richest of estates equipped with state-of-the-art infrastructure, two completely renovated historic manors, stone and cedar-clad lodges, intimate event barns, blue-stone walkways, 25 miles of boarded fencing, and paved and unpaved trails, perfect for horse-back riding, ATV’s, biking, or hiking. A new owner of the iconic estate will also potentially have the rare ability to construct approximately 120 single family rental homes (in addition to the 18 existing rental homes), an exclusive 9-hole golf course, and/or a trophy boutique hotel with branded residences that would rival other luxury and 5-star hotels throughout Virginia such as the Salamander Middleburg Resort & Spa, Primland Resort (Auberge Resorts Collection) Keswick Hall, and The Inn at Little Washington, among others. When coupled with a generational location and notoriety as one of the most popular and largest wineries/breweries along the historic route in Southern Albemarle County – home to Monticello, Ashlawn Highland, Trump Winery, Dave Matthews’ Blenheim Vineyards, Grace Vineyard, and Steve Case’s Early Mountain Vineyard – with significant expansion capabilities, the Mt. Ida Reserve offering represents a once-in-a-lifetime opportunity for domestic and international investors/owners alike.

The Property

Tasting Room and Taphouse

Investment Highlights

GALLERY

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada. © 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.

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Award-winning 15-barrel craft brewery which utilizes barley from the nearby seven-acre barley field

5931 Blenheim Road | Charlottesville, VA 22902

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World-Class, Sophisticatedly Rustic Manor Estate Equipped with an Award-Winning Vineyard, 250-Person Tasting Room and Taphouse, 15-Barrel Craft Brewery, a Stone and Cedar-Clad Lodge, Grandiose Event Barns, Expansive Lake, and Two Fully Renovated Historic Mansions

Approximately $50 Million of Capital Spent Over the Past Two Decades on Lauded Estate Improvements and State-of-the-Art Infrastructure/Utilities

Unrivaled Monticello Wine Trail Location in Charlottesville, VA and Only Minutes from Famed Vineyards Owned by Dave Matthews and Donald Trump

Generational Opportunity to Acquire an Iconic Leisure Destination Spanning 2,761 Acres and Offering Majestic Views of the Rolling Blue Ridge Mountains

Production Awards & Accolades:

Five Mount Ida wines were awarded Silver Medals at the 2023 Virginia Governor's Cup:

• 2019 High Ridge 1810 Reserve • 2019 High Ridge Cabernet Franc • 2021 Vintage Bell Mount Rose, Moonlight Wine, and Mt Pleasant Viognier

Bronze Medal at the 2023 VA Governor's Cup for the 2021 Bell Mount Chardonnay Reserve

2022 Governor’s Cup Gold Medal Winning Wine for its 2019 High Ridge 1810 Reserve Red.

Five Mount Ida wines were awarded Silver Medals at the 2021 Virginia Governor's Cup:

• 2017 High Ridge Reserve Red • 2017 Mount Pleasant Tanat • 2019 Bell Mount Viognier • 2019 Mount Pleasant Petit Manseng • 2019 Bell Mount Chardonnay

Bronze Medal at the 2021 VA Governor's Cup for the 2019 Mount Pleasant Rose

Attractive In-Place Real Estate Tax Benefits Stemming from Existing Agricultural Operations

Extraordinary Indoor/Outdoor Event Venues with Fully Owned Lakefront Access Expected to Yield Nearly $3.7 Million of Supplemental Revenues by Year End 2023

Potential Ability to Construct a Trophy Boutique Hotel with Branded Residences, Single-Family Rentals, and/or an Exclusive 9-Hole Golf Course

Mount Pleasant Manor

The Lodge at Mount Ida Reserve

Mount Pleasant Stable

The Event Barn

Mt. Ida Manor

Watersports

Infrastructure / Utilities

Advantageous Tax Benefits

Attractive In-Place Real Estate Tax Benefits Stemming from Existing Agricultural Operations

Extraordinary Indoor/Outdoor Event Venues with Fully Owned Lakefront Access Expected to Yield Nearly $3.7 Million of Supplemental Revenues by Year End 2023

Potential Ability to Construct a Trophy Boutique Hotel with Branded Residences, Single-Family Rentals, and/or an Exclusive 9-Hole Golf Course

Approximately $50 Million of Capital Spent Over the Past Two Decades on Lauded Estate Improvements and State-of-the-Art Infrastructure/Utilities

Unrivaled Monticello Wine Trail Location in Charlottesville, VA and Only Minutes from Famed Vineyards Owned by Dave Matthews and Donald Trump

Generational Opportunity to Acquire an Iconic Leisure Destination Spanning 2,761 Acres and Offering Majestic Views of the Rolling Blue Ridge Mountains

5931 Blenheim Road | Charlottesville, VA 22902

Luxury STR Trend Set Year End 2022 Metrics

60.4%

Occupancy

$689.10

ADR

$416.45

RevPAR

EVENTS / WEDDINGS

67,808

CUSTOMERS / FOOT TRAFFIC

55,495

tasting room services

Normalized Annual Property Facts

MATT RAPTOSH

Managing Director 814.470.9983 Matt.Raptosh@Berkadia.com

CONNOR WIMSATT

Associate Director 240.204.5138 Connor.Wimsatt@Berkadia.com

Berkadia Hotels and Hospitality Financing

Justin storer

Real Estate Analyst 301.202.3542 Justin.Storer@Berkadia.com

DAN HAWKINS

Managing Director 240.204.5139 Dan.Hawkins@Berkadia.com

KEITH MISNER

VA Broker of Record License #0226025498

JAKE PIETRAS

Associate Director 410.940.9497 Jake.Pietras@Berkadia.com

Fiorella Furlato

Real Estate Analyst 215.328.1311 Fiorella.Furlato@Berkadia.com

Berkadia Hotels and Hospitality INVESTMENT SALES

Jeff Coles

Vice President - Client Services 240.204.5126 Jeff.Coles@berkadia.com

Mark Forrester

Senior Managing Director 602.912.1630 Mark.Forrester@berkadia.com

Berkadia SINGLE FAMILY RENTALS / BUILD FOR RENT

EVENTS / WEDDINGS

67,808

CUSTOMERS / FOOT TRAFFIC

55,495

TASTING ROOM SERVICES

Normalized Annual Property Facts

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