Property Details

TITLE:
Aggregate Quarry & Waste Dump Opportunity
CONTROL:
Exclusive
VALUE:
$3,500,000
LOAN:
$0
EQUITY:
$3,500,000
TYPE:
Industrial
HAVE:
80 acres of raw land in Riverside County, strategically located and primed for long-term industrial use. The site is ideal for a two-phase development plan: Aggregate and mineral extraction, Post-extraction conversion into a regulated Landfill.
ADDRESS:
Mecca, Mecca, California
BENEFITS TO NEW OWNER:
High Initial CAP Rate (Phase 1 – Mining Operations) Long-Term Asset with Built-in Expansion Plan Phase 2: Even Higher CAP Rate (Landfill Conversion) Dual-Use Maximizes ROI Strategic Location in Riverside County Exit Flexibility & Infrastructure Synergy
GROSS SCHEDULED INCOME:
$1,925,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$1,925,000
EXPENSES:
$825,000
NOI:
$1,100,000
DEBT SERVICE:
$242,812
CASH FLOW:
$857,188
CAP RATE:
31.43%
CAN ADD:
Other business packages in the book
REMARKS:
Looking for investors or JV to get this project going.
COUNSELOR:
Claudiu Ilie
Rise Realty
30041 Poseidon
Laguna Niguel, California, 92677
Phone: 9493852213
Cell: 9497059443