CannaMLS ID: 264201
Created | Updated
Price
$ 50,000
Land owner will to partner on this 10+ acre property. We have local support letter. Willing to do a 65% ownership stake by you, 35% owner and developer*that wou
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Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial
Land owner will to partner on this 10+ acre property. We have local support letter. Willing to do a 65% ownership stake by you, 35% owner and developer*that would be us). YOU BRING THE MONEY.
The developer is a solar project developer and the $2 million also puts solar on the property, which will reduce operator's electricity costs by a minimum of 25%. You will also receive a 10% interest in the solar project. Solid proforma shows $2 million can get 10,000 sq/ft of indoor and 10,000 sq/ft of greenhouse, with plenty of room to expand. Expect his process to take less than a year to get all licenses and approval. A woman can/will be on the license.
Did I mention that there is a $5000/mo burn rate on this deal? Low monthly rent. Figure $50,000 to get the property to fully licensed with the top rated attorney. The more you delve into this deal the better it gets. We also offer a debt financing option with excellent terms. This property is in the NY area of NJ. This can also be outdoor or greenhouse and then go to metal buildings for indoor
Have $2 million
Stock image generated by CannaMLS. Request listing photos from seller.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial