40 Acres raw land outside Winnemucca NV

[Rich Silva]

Investment Info:

Other buy & hold investment.

Purchase price: $4,500
Cash invested: $4,500

40 acres raw land outside of Winnemucca

What made you interested in investing in this type of deal?

Originally this was just a cash buy and hold I got for a reasonable deal near the transcontinental railroad very close to a major mining area. Hoping for some sort of future need.

How did you find this deal and how did you negotiate it?

Honestly this was an ebay find.

How did you finance this deal?

Cash

How did you add value to the deal?

Holding this piece was the right call. EDF Renewables now leases it from me for a solar farm that supplies Winnemucca power. The lease is for 40 years and constanly increases. doing the math I believe I will recieve about $550,000 in rents for this property over the term of the lease. not bad fora $4500 investment.

What was the outcome?

Holding