Proposal for Business Partnership
Property Details:
Belgrade/Bozeman Montana
20 Acres
Property appraises for $2,000,000.00 currently.
Lot has been pre-approved by state and county to build a (199) unit, self storage facility, with (100) outdoor RV/Boat long term parking spots.
Business Projections:
199 unit self storage facility.
100 outdoor RV/Boat long term parking spots.
Once built projections for gross monthly income are around $53,800.00.
Overhead operation expenses are estimated around $10,000.00 per month.
Bringing a projected monthly net profit of $43,800.00.
Projected property value appraisal after build is around $8,000,000.00.
Partnership Buy In:
This is a 50/50 partnership.
$1,000,000.00 buy in to start. Secondary installment would be based on finally property appraisal after build is completed, this payment can be made overtime using the monthly profit from the storage business. (For example, if partner is bringing in a monthly income of $20,000.00 from the storage business, they can pay $10,000.00 per month until the agreed upon buy in is met. If the payments are financed in this manner, interest would accrue at a 4% rate.)
The projected total buy in would not exceed $3,000,000.00.
If you would you have additional questions or are interested in becoming a 50/50 partner for this business please email
[email protected].
Serious inquiries only.