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Newly Established Residential Real Estate Construction Company Seeking Loan in Lusaka, Zambia

Business seeks USD 2 million investment to build 12 high-cost apartments on prime residential land.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Lusaka
Local Time 9:19 PM Africa / Lusaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.8 million for Undisclosed annual interest, 10 years (Native Currency: ZMW 45,000,000)
Reason: We will only be sharing profits under this transaction. Details of the transaction: - Joint mutual ... View More
Collateral Available: USD 0
Interested to connect with advisors
Documents
Title Deed - 1
Title Deed - 2
Title Deed - 3
Business Overview

- Promoter owns 10,000 sq mt land on a prime residential area in Lusaka.

- The land is personal property under the promoter's name.

- Top government officials primarily reside in this area and existing neighbours include the top 20 government officials in the country presently all building their own residential projects.

- Have an excellent opportunity to build and lease apartments to elite government officials ensuring high margins and stable revenues.

- Promoter plans to build 12 high-cost apartments and lease them out at USD 3,500 lease per month per unit ($42,000/month).

- Promoter requires USD 2 million to build and estimates a construction period of 12 months.

- Profits can be shared based on a joint mutual benefit agreement over a 10 year period of time.

- We are open to considering other proposals too.

Products & Services Overview

Build and lease high-cost apartments out to elite government society.

Assets Overview

Own 10,000 sq mt land under the promoter's name with a title deed from the Ministry of Lands worth ZMW 6.6 million.

Facilities Overview

Own 10,000 sq mt piece of land. Envisage 12 high-cost apartments to be built.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Durban, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, Ahmedabad, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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