Loyd Inglis
Placerville, CA (USA)
Role(s):
Founder/Owner/Principal
Inglis & Assoc
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Startup
Location:
Placerville
Industry:
Real Estate
Year Founded:
1979
Number Employees:
1-10 people
Description:
I am primarily involved in real estate development and related activites. I am seeking funds to purchase an 8.8 acre commercial property with 50,000 sq ft of storage built in the 1960's. There is a tenant who occupies 13,000 sq ft now and wants an additional 26,000 after it has been rehabbed suitable for wine storage. The property is located in the wine country of El Dorado County, CA. The purchase price is $1.4 M and rehabbing will cost $200,000. Rehabbed the property will have a rental income of $20,000 per month. The owner is willing to carry $350,000.
Contact me if you are interested in a joint venture with a great return and significant future value.