AWAYSIS CAPITAL, INC. Item 2.01 Completion of Acquisition or Disposition of Assets
The Company
The Company seeks to own and grow a stable, cash generating, diversified
portfolio of single-family and luxury resort/residence properties in the
Our business strategy entails targeting and identifying undervalued assets in
emerging markets located in proximity to high demand travel destinations. The
Company intends to focus these efforts on shovel-ready properties and/or other
assets that we believe can be used to optimize sales and rental revenues. We
have currently identified five properties in
The Casamora Awaysis Assets are as follows:
? A rectangular shaped parcel with 100.0 feet of street frontage containing a
9,100 sq. ft. two story reinforced concrete building, with 2,173 sq. ft. of
basement, a 1,600 sq. ft. porch/deck and a 3,062 sq. ft. terrace. The plan for
this building is to have: (a) on the ground floor, a state-of-the-art fitness
facility and wellness spa; (b) on the second floor, an executive conference
center, a yoga/pilates studio with individual massage rooms associated with a
planned wellness spa, and access to the porch/deck; and (c) on the third floor,
a members-only roof-top patio and lounge. ? A rectangular shaped parcel with 100.0 ft. of frontage on the beach reserve and
the
elevated, sandy, has a reinforced concrete sea wall and currently contains two
2-story concrete buildings. The northernmost building has four remodeled
1-bedroom, 1-bath units, each with a living room, kitchen, and covered porches.
The southernmost building has two 1-bedroom, 1 bath remodeled units, each with
a living room and kitchen on the ground floor and one 3-bedroom, 2-bath gutted
unit on the second floor, each with their own covered porches. The plan is to
eventually renovate all the units into more modern, luxury boutique waterfront
villas.
? A 1,380 sq. ft. ground floor unit including a covered balcony/porch, the plan
of which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with
a living room, dining area and kitchen. The unit has an unobstructed view of
the ocean and overlooks the pool and main ground garden landscape. ? A 1,455 sq. ft. ground floor unit including a covered balcony/porch, the plan
of which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with
a living room, dining area and kitchen. The unit has an unobstructed view of
the ocean and overlooks the pool and main ground garden landscape.
? A 1,455 sq. ft. ground floor unit including a covered balcony/porch, the plan
of which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with
a living room, dining area and kitchen. The unit has an unobstructed view of
the ocean and overlooks the pool and main ground garden landscape. ? A 1,380 sq. ft. ground floor unit including a covered balcony/porch, the plan
of which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with
a living room, dining area and kitchen. The unit has an unobstructed view of
the ocean and overlooks the pool and main ground garden landscape. ? A 1,380 sq. ft. second floor unit including a covered balcony/porch, the plan
of which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with
a living room, dining area and kitchen. The unit has an unobstructed view of
the ocean and overlooks the pool and main ground garden landscape. ? A 1,455 sq. ft. second floor unit including a covered balcony/porch, the plan
of which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with
a living room, dining area and kitchen. The unit has an unobstructed view of
the ocean and overlooks the pool and main ground garden landscape. ? A 1,455 sq. ft. second floor unit including a covered balcony/porch, the plan
of which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with
a living room, dining area and kitchen. The unit has an unobstructed view of
the ocean and overlooks the pool and main ground garden landscape. ? A 1,455 sq. ft. second floor unit including a covered balcony/porch, the plan
of which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with
a living room, dining area and kitchen. The unit has an unobstructed view of
the ocean and overlooks the pool and main ground garden landscape. ? A 1,455 sq. ft. third floor unit including a covered balcony/porch, the plan of
which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with a
living room, dining area and kitchen. The unit has an unobstructed view of the
ocean and overlooks the pool and main ground garden landscape. ? A 1,455 sq. ft. third floor unit including a covered balcony/porch, the plan of
which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with a
living room, dining area and kitchen. The unit has an unobstructed view of the
ocean and overlooks the pool and main ground garden landscape. ? A 1,455 sq. ft. third floor unit including a covered balcony/porch, the plan of
which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with a
living room, dining area and kitchen. The unit has an unobstructed view of the
ocean and overlooks the pool and main ground garden landscape. ? A 1,380 sq. ft. third floor unit including a covered balcony/porch, the plan of
which is to renovate into a 2-bedroom, 2-bath high-end condominium unit with a
living room, dining area and kitchen. The unit has an unobstructed view of the
ocean and overlooks the pool and main ground garden landscape. ? 3,825 sq. ft. of raw open land with 105 feet of street frontage. Currently
there is a main single-level concrete building having dimensions of 14.0 ft. by
14.0 ft. and consisting of a reinforced concrete foundation and reinforced
concrete floors. In addition, there is a wooden bar open area with shade,
having dimensions of 14.0 ft. by 16.0 ft., as well a single-level wooden
structure having dimensions of 16.0 ft. by 24.0 ft. plus a 10 ft. by 24 ft.
front shade. The planned use for this land is expected to serve both the patio
extension and parking area for a planned ground floor café referred to below. ? 1,717.83 sq. ft. of elevated land containing a three-story concrete building
having dimensions of approximately 31.0 ft. by 41.0 ft. plus covered concrete
porches on each floor of approximately 15.0 ft. by 18 ft. The ground floor unit
is approximately 80% complete and is planned to contain a future cafe with a
patio and parking. The second-floor unit is approximately 80% complete and
planned for residential use. The penthouse unit is a 3-bedroom, 2-bath
remodeled unit with dining room, living room, kitchen and small balcony facing
the ocean. There is a further open-air patio situated above the covered patio
of the penthouse which provides sweeping views of the ocean as well as sunset
views over the lagoon side. History
The Company was formed in
On
From its formation on
Item 3.02 Unregistered Sales of
The information set forth in Item 2.01 is incorporated by reference into this
Item 3.02. Such shares were issued pursuant to an exemption from registration
provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the
"Securities Act"), Rule 506(b) under Regulation D of the Securities Act as
transactions by an issuer not involving any public offering and/or Regulation S
of the Securities Act as offers and sales of securities outside of
Item 9.01 Financial Statements and Exhibits.
Exhibit Description
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
The Company will amend this Current Report on Form 8-K to file any historical
and/or pro forma financial statements as and to the extent required under
applicable
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