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152 Denslow Rd

East Longmeadow, MA 01028
  • $545,000
  • STATUS: Active
  • MLS #: 72827189
UPDATED: 16 min ago
$545,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
2021
County:
Area:

School Ratings & Info

Listing courtesy of Gary White of White Real Estate.

Description

This is an opportunity to partner in the ownership of a 116.26kW(DC) Solar PV system that is already built on top of a rented roof. A properly qualified private Tax Equity Investor ("TEI) can partner with the Sponsor of this project in a partnership flip structure. The Sponsor and the TEI will be owner-operators of a Single-Purpose Entity LLC ("Project Company) which shall own 100% of the assets of this Renewable Energy project. Under the proposed partnership flip structure, the TEI will invest approximately $231,625 in equity into the Project in exchange for 100% of the Tax Incentives generated by the Project (estimated value of $315,931) could be realized in the first year of operation. The TEI will also receive a Preferred Rate of Return of 2.0% of their equity investment during the first 5 years. After the first 5 years, 99% of membership interest in the Project Company will flip to the Sponsor and the TEI will remain as a limited partner.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-11-28T07:09:06.233.
www.southcoastrealtors.com/homes/116849785
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152 Denslow Rd East Longmeadow, MA 01028

  • Price: $545,000
  • Status: Active
  • On Site: Days
  • Updated: 16 min ago
  • MLS #: 72827189
0
Beds
0
Baths
0
½ Baths
0.24
Acres
2021
Built
Neighborhood:
Other
County:
Hampden
Area:
Other
Property Description
This is an opportunity to partner in the ownership of a 116.26kW(DC) Solar PV system that is already built on top of a rented roof. A properly qualified private Tax Equity Investor ("TEI) can partner with the Sponsor of this project in a partnership flip structure. The Sponsor and the TEI will be owner-operators of a Single-Purpose Entity LLC ("Project Company) which shall own 100% of the assets of this Renewable Energy project. Under the proposed partnership flip structure, the TEI will invest approximately $231,625 in equity into the Project in exchange for 100% of the Tax Incentives generated by the Project (estimated value of $315,931) could be realized in the first year of operation. The TEI will also receive a Preferred Rate of Return of 2.0% of their equity investment during the first 5 years. After the first 5 years, 99% of membership interest in the Project Company will flip to the Sponsor and the TEI will remain as a limited partner.
Exterior Features

Location Industrial Park Parking Spaces 0

Interior Features

Basement No

Property Features

Business Opportunity Type Other (See Remarks) Disclosure Yes Disclosures Listing Agent is Partner in Ownership Documents On File Aerial Photo Gross Annual Income 31248.00 Zoning Com

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Gary White of White Real Estate.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-11-28T07:09:06.233.
 
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RE/MAX Vantage
77 State Rd
Dartmouth MA, 02747
Listing courtesy of Gary White of White Real Estate.