Residential Real Estate Construction Company Seeking Loan in Kokopo, Papua New Guinea

Construction company having leased out a property for 10 years and is developing 2 more properties.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 5 thousand
EBITDA Margin
30 %
Locations
Local Time
12:28 AM Papua New Guinea
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 14 thousand for 10.0% annual interest, 5 years (Native Currency: PGK 50,000)
Reason: To develop the two 1,500 sq. Meter plots as bedsitters to be rented out to guests.
Collateral Available: USD 90 thousand
Includes physical assets worth USD 90 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- A residential real estate construction company based in Kokopo, Papua New Guinea.

- We have constructed one 3-bedroom villa. The villa is given out on lease for the next 10 years.

- We have also acquired 2 plots of land having an area of 1,500 Sq. Meters each.

- We are planning to develop bedsitters on both these properties.

- We will have 20 rooms each on both properties, which will be a single-occupancy room.

- Physical assets include land, constructed villa and equipment.

- Funds will be used to develop the 2 properties as bedsitters.

Products & Services Overview

Residential real estate construction, will be renting out bedsitter units.

Facilities Overview
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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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