TITLE:
Commercial Property Purchase and Joint Venture Investment
CONTROL:
Exclusive
VALUE:
$5,000,000
LOAN:
$500,000
EQUITY:
$4,500,000
TYPE:
Industrial
HAVE:
2 Industrial and Commercial Manufacturing Buildings
Cheyenne building 12,000 +/- SF ready for production
Foundry building 24,000 +/-SF needs work
Looking for Joint Venture partner
Company does water enhancement products and waste water treatment systems.
ADDRESS:
1325 Cheyenne Ave and 1815 W. 14th St, Pueblo, Colorado
BENEFITS TO NEW OWNER:
Established Tenant and Joint Venture Opportunity
Strategic location within a Business Redevelopment Zone that qualifies for special financing, tax incentives and workforce benefits
Collaborative expansion with industry and academia
GROSS SCHEDULED INCOME:
$450,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$450,000
EXPENSES:
$250,000
NOI:
$200,000
DEBT SERVICE:
$100,000
CASH FLOW:
$100,000
CAP RATE:
4.00%
BENEFITS SOUGHT:
Cash to continue development on property and repair Foundry building
Restart operations of Phoenix Scientific
Provides cash to establish accounts for PEDCO financing
CAN ADD:
Stock options when goes public
REMARKS:
This a a joint venture to invest in a company that will do enhanced water products and waster water treatments.
COUNSELOR:
Cynthia Daughtrey
3D Real Estate brokered by exp Commercial
2679 West Main Street, #300-723
Littleton, Colorado, 80120
