| Message Number | 398376 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Active | ||||||||
| Subject Line | Joint Venture, Barrie (1 hr. to Toronto) 2 Acre Mix Use, 5 Stories 87 Condo Development Land, $1.5M, All Services on Site, Feasibility, Environmental available. | ||||||||
| Business area |
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| Have/Want | Have | ||||||||
| Business category | Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots | ||||||||
| Date of Listing | May 21 2021 | ||||||||
| Type Description | 2 Acre Mix Use, 5 Stories Condo Development Land | ||||||||
| Location | Barrie | ||||||||
| Price | $1,500,000.00 | ||||||||
| Price Max | $0.00 | ||||||||
| Price Comment | for 33% of the Share | ||||||||
| Building area | 85000 | ||||||||
| Zoning | C4-High Density Mixed Use Residential & Commercial | ||||||||
| Comments | Seeking Joint Venture for the Project Price $3.9 Million. 33% Partner Ship= $1.3 Million
50% Partner Ship= $1,950,000 for 2 Acres Mixed Use Land, Purposed 5- Stories 85,000 Sq Ft with 82 Condos and 5 Retails units. We have the followings, 1. Feasibility Study Available Showing comparison of $38 Million @ 4.25 Cap Rate 2. Finical Cost Analysis available Total construction and finished Cost of $20 Million. 3. City of Barrie Pre Con Comments Supporting the project 4. Existing Environmental Phase 2 available & Topography Survey 5. Present Rental income of $60,000 form Used Car Sale and Car Garage. |
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| Internet Links |
https://www.youtube.com/watch?v=8M4GIou91Tw&feature=youtu.be |
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| Member Identifier | 3231 | ||||||||
| Client Details | Builder/Developer | ||||||||
| Clients Objective | Opportunity | ||||||||
| Motivation Rating | Take Part Equity | ||||||||
| Explain Client's Motivation | Joint Venture | ||||||||
| Broker's Recommendation | Feel Free to Call | ||||||||
| Control | Owner | ||||||||
| Name | Manjit Banwait | ||||||||
| Title | Broker of Record | ||||||||
| Company Name | Premier Group Realty Inc. Brokerage | ||||||||
| Address Line One | 12 Chiavatti Drive | ||||||||
| City | Markham | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L3R 1E2 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (416)879-5700 | ||||||||
| Cell Number | 416-283-1600 | ||||||||
| Home Number | 416-283-1600 | ||||||||
| FAX Number | 905-604-2572 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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