TITLE:
560 ACRES IN OIL RICH PERMIAN BASIN OF WEST TEXAS. OWNER FINANCING
CONTROL:
Partner
VALUE:
$1,500,000
LOAN:
$0
EQUITY:
$1,500,000
TYPE:
Land
HAVE:
560 Acres in Delaware basin, part of Permian basin in W. Texas. This is oil and gas rich area. Easy access from 3 county roads. Just west of Pecos in Reeves CO. Near to major gas pipeline. Super opportunity for oil/gas exploration or maybe a Ranch.
ADDRESS:
County road 124, Pecos, Texas
BENEFITS TO NEW OWNER:
Very good land. Low prop taxes, only $ 20. Easy to hold. Can be extremely profitable. Oil is booming.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$0
NOI:
$0
DEBT SERVICE:
$0
CASH FLOW:
$0
CAP RATE:
0.00%
BENEFITS SOUGHT:
Split up partnership.
CAN ADD:
Other properties and cash.
REMARKS:
We can hold financing. Easy terms. Maybe some trade as well.
COUNSELOR:
Arvid Hvidsten
120 E Oakland Park Blvd, # 105
Fort Lauderdale, Florida, 33334
