55 and over Retirement Community joint venture opportunity

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Asking Price:
$1,500,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

76 acre, 400+ home site development in Pueblo needs a primary financial partner to work with and complete this low risk, high reward business venture. This project is fully permitted and platted for this purpose with 2 adjacent lots, zoned r-8, of more than 200 individual lots (50'x 100') each. The development is outside the floodplain and located in an area of new building and construction. Return on investment is estimated at 24% gross ROI and 16% net ROI with an expectation of investor initial hard money investment being returned in just over 12 months from start of project. The development will be a ground lease project in which the land will be leased to homeowners and an HOA shall be put in place to pay for outside maintenance and clubhouse facilities to include pool, workout room, tennis courts, etc. For further details and information regarding this opportunity a non disclosure and non circumvent agreement must be completed prior to any release of detailed information.

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Listing Info

ID:
1493934
Ad Detail Views:
820

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Business Listed by

Jessie Salgado

North American Alliance of Business Brokers

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Sponsoring Broker:

Scott Radin
North American Alliance of Business Brokers

U.S. Census Data for Pueblo County, CO
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Pueblo County, CO
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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