Courtesy of: Paul Vaicunas, WHITETAIL PROPERTIES REAL ESTATE LLC (NY), paul.vaicunas@whitetailproperties.com
Courtesy of: Paul Vaicunas, WHITETAIL PROPERTIES REAL ESTATE LLC (NY), paul.vaicunas@whitetailproperties.com
$1,499,900
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Lot: 162.50 Acres
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Other
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$1,499,900
VL Colt Rd We are pleased to present an investment opportunity with a solar project in Portland, NY. This property is being presented with the opportunity to acquire from the solar lease (approval in process) from the seller that produces $110, 000 per year in passive income for the next 30 years. The purchaser will own the land, which is a combination of five parcels. The Land additionally has a gas lease that will produce $50, 000 over a 44 year period. The solar project will be be constructed on the vineyard and a portion of the wooded and tillable acreage of the two largest parcels. The Purchaser will be contracted in to receive 100% of the Solar lease income at $4, 372, 500 in revenue. There is also a small residential home on the property that has a rental opportunity as well for additional revenue. The remaining parcels are wooded and provide excellent opportunities for deer hunting , turkey hunting and potential building locations for cabins or a new home. Check this one out for a unique opportunity to invest in a green project and still have a country lifestyle on the escarpment .
Courtesy of: Paul Vaicunas, WHITETAIL PROPERTIES REAL ESTATE LLC (NY), paul.vaicunas@whitetailproperties.com
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