 Cash flowing, tax incentive business for sale (Business Opportunity)
Trade Lead Description:
It is the area's finest horse boarding facility. This farm includes 140 acres, a large indoor arena, a 120 stall barn,a 3000 sq. ft. SFR. It stables 100 horses at $460/month. An inverstor, can subdivide the land into 1/2 to 1 acre lots. This would generate 200 lots priced at $90,000 to $140,000. The horse stabling business, would defray the carrying costs until it is ready for development. The business grosses $1,000,000.00 per yr. The property, has an extremely advantageous tax situation. Farm buildings can be depreciated over 7 yr.s If one uses the cost of rebuilding values. One can easily be depreciating $2,000,000.00 over 7 yr.s. This represents $285,000 of protected income per year. The farm provides high quality equitation lessons taught by highly qualified instructors in a wide variety of disciplines.
| Type of Offer: |
Business Opportunity |
| Quantity: |
Farm |
| Packaging: |
140 acres |
| Price / Incoterms Conditions: |
$4,200,000.00 |
Posted from US - Nevada on 15 September, 2011
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