St. James Gate www.st.jamesgate.ws has this unique high return secure investment opportunity to present to you.
We have an ocean view lot in a privileged location near Puerto Peñasco, Mexico (see a brochure at www.stjamesgate.ws on the "resort land" tab). This is a developer's lot with approved density to build 40 units.
The investment offer is the purchase of the lot with a warranty lease back contract for a minimum of 3 and a maximum of 5 years for its current market value of 1.4M USD. Details of the warranty lease back will provided to interested and qualified investors.
While the land is under the lease back contract, St. James Gate will add a project that is in very advanced planning stage now. The project, construction, permits and licenses will be security for their investment until the repurchase price is paid in full.
St James Gate will complete the planning and permit stage, start construction, and initiate sales through our strategic alliance partner Century 21 Sun & Sand www.century21penasco.com, they are the largest and most productive real estate company for this market in the region.
Further construction investment funds and some unit purchase funds will be raised through IRA's self-directed investment accounts leveraging our alliance with EntrustCAMA Pennsylvania.
The project will target minimum total revenue of $4 M USD with 40 units priced in low 100,000's range. With this approach we forecast the project being sold out and delivered within three years. Century 21 Sun & Sand has been successful selling quality properties in this and other price ranges even during these adverse market conditions so the three year sell out seems conservative.
If this business opportunity is attractive for you, let us know as we believe we have to move fast to take advantage of the market growth we forecast starting in 2010.
