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Real Estate Construction Company Investment Opportunity in New York, United States

Real estate construction company having completed more than 5 projects, seeks investment for a new project.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Real Estate Construction
Locations  New York
Local Time 7:20 AM America / New York
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 2.5 million for 35.0% stake (Native Currency: USD 2,500,000)
Reason: Investment needed for a new project and will be replaced with permanent financing in 24 months and m... View More
Includes physical assets worth USD 2.5 million
Documents
Business Overview

- Real estate construction company based in New York having more than 10 projects, some are completed and a few are still under construction.

- We are seeking investment for our new residential building project on a 20,984 Sq Ft area.

- This would be a 6 storey building with 31 residential units, 6 units of 2 bedrooms, 24 units of single bedroom, 1 studio and parking lot on the first floor.

- Amenities would include on-site laundry room, storage room and bike racks. All units will have their own electrical heating / cooling PTACS with separate electric meters.

- Land has already been acquired. All professionals have been retained and currently working on clearing objections from Department of Buildings.

- We propose to start construction in the next 3 months and aim to complete it in 24-30 months.

Products & Services Overview

Commercial and Residential building construction.

Facilities Overview

Owned 6,100 Sq Ft land.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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