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- RE: Oil, Proven Reserves (Mineral Rights) W/Land
- Contact: Andrea & Mounir Bousaid
Quick Facts
Asking Price: | $35,000,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 85335142 | |
Broker Reference #: | 144-15751 |
Business Overview:
RARE OPPORTUNITY! 26.3 acres beach front vacant land located near the Pacific Ocean with no specific development limitations. The land consists of 4 parcels and is zoned out for commercial, residential and industrial. This property has an abundance of unrefined minerals approx. 100K tons or 850K cubic yard minerals in the ground. Approximate value is over $15 BILLION, discovered minerals consist of Oil, Gold, Silver, and Platinum & Aluminum. Asking price is less than $50 per SF and the recent appraisal of the property is over $72 Million, ocean front properties in the area are selling for well over $100.00 per SF. Monthly Royalty Payments of 5% of Gross Revenues. Additional details will be made available upon execution of a NDA and providing proof of funds. Please contact the listing agent directly for more information regarding this exciting opportunity. Please contact Mounir and Andrea Bousaid directly at 702-321-1292 for more information regarding this exciting opportunity.
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Reason for Selling:
Other business interests.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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