Stone Quarry / Hydro Electric Plant - AD #: BS79
I am willing to hold paper on $3 million dollars. Prevost motorcoach excepted as part of deposit.
Specifications
| Ad #: | BS79 |
| Type: | Mining |
| Street Address: | 58 Brunswick Ave. |
| City: | Plainfield |
| State/Province: | CT |
| Postal Code: | 06354 |
| Country: | US |
| Quick Details: | Income producing property located nearby to major highways and rail. Located short ride to Foxwoods and Mohegan Sun Casino. Remove stone over 10 year period, FERC lic. hydro will be totally rebuilt by next fall. |
| Year Established: | 2006 |
| Real Estate Value: | $1,500,000.00 |
| Inventory Value: | $20,000,000.00 |
| Gross Income: | $1,600,000.00 |
| Cash Flow: | $1,000,000.00 |
| Asking Price | $4,000,000.00 |
| Willing to trade for: | I am willing to hold paper on $3 million dollars. Prevost motorcoach excepted as part of deposit. |
The quarry is a total of about 8 acres on a waterfront site of a total of 20 acres.
I am willing to sell off the entire project which consist of the following:
1) Quarry with reserves of 750,000 tons. This stone presently sells under the name brands of CT. Tan, Noble Hill, Sterling tan. Our product has the new name of Brunswick Gold .
This stone sells in palletized form anywhere from $290.00- $800.00 per pallet ( 1.2-1.5 tons per pallet)
In the cut thin veneer form it sells for $16.00 per sq. ft.
There is over $20,000,000 worth of stone to be sold in bulk form alone too current list of clients. If you choose to mfg. the stone on site into palletized and cut thin veneers your profits will increase to $70,000,000
This stone is quarried in only two quarries on the east coast..
2) The site has sewer and water to the curb. Has recently been re-zoned for Mixed Use- Planned Develpment. There is 20 waterfront acres. No wet lands. Sits in the Enterprise Tax zone. A 5 min. ride to Rt. 395.
3) FERC Permitted 250kW hydro plant and 160 ft. stone dam included in deal. partner will be brebuilding plant at the cost of $1.9 million dollars.
4) Has title to the water rights to two large bodies of water. The Moosup Pond ( 96 acres) as well as the Backus Pond ( 86 acres).
Here is the game plan. Hydro will be rebuilt at no cost to you by next fall. While the hydro is being rebuilt you have a cash flow from day one from the permitted quarry. it will take some time to remove all the stone you have on site. By then you will have produced a great income from the stone and hydro. You can flip the property as a Mixed Use development or build out a Green Village on this site.
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