Residential / Commercial Land For Subdivision
www.GlobalBX.com
Listing ID:
700187610
Listing Title:
Residential / Commercial Land For Subdivision
Quick Link:
http://www.globalbx.com/listing.asp?bId=187610
Industry:
Real Estate
Industry Segment:
Other Real Estate
Country:
United States
State / Province:
North Carolina
Area
City:
Asheville
Asking Price Range:
$500K - $1.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2009
Number of Employees:
1 - 3
Business Description:
Selling majority interest which is equal to fifty-five percent (55%) of existing LLC located in Western North Carolina. LLC is owner of approx 100 acres that is being developed with a focus on two segments of the population that are currently under appreciated in our society. Land is in early stages of physical development, but marketing surveys, land surveys and water access has been completed. Inroads have been made with investors and government entities to garner multi-level support for the project. Even in today's environment, this area of NC remains strong and stable in the housing market. Conservative project proforma's estimate profits in excess of $10M in next 2-5 years, your potential gain would be 55% or $5M+. Asking $900k for my entire position.
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