10% Return, Mountain - Prairie Region

Property Description

Ride out the low cap and economic woes with a safe place to park some cash and get a nice return for five years.

Unique property ideal for a 1031 exchange. Owner is seeking $1,000,000 to $2,000,000. The owner will master lease back the property for 5 years with a personal and corporate guarantee, give a 10% return to the buyer/investor, and then buy back the property after the 5 years.

Property is 75 to 200 fully developed and patted lots in a mobile home subdivision. This may seem like an unusual opportunity, however, the important item is that the owner is very strong and the location of this property is in the middle of an oil boom with large numbers of people moving to the area and a very limited amount of housing.

Backing the investment is a Personal Guarantee. The owner’s his net worth is approx. $20 Million! The owner also owns the lots which are worth a minimum of $12,000 each.

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