This property is Off-Market

2000 HWY 49
Wiggins, MS 39577 ·

40,000 SF · Industrial For Sale

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18% YIELD GO ZONE WALL PANELIZATION PLANT

Price N/A Property Use Type Business For Sale
Building Size 40,000 SF Tenancy Single
Property Type Industrial Year Built 1960
Property Sub-type
Manufacturing
More...
  • Warehouse
Listing ID: 15011239 Date Created: 02/20/2007 Last Updated: 04/14/2007

Description

This is a unique opportunity and sale structure for title to a free and clear 20-acre property with 40,000 SF of buildings coupled with a security interest in or ownership of nearly a million dollars worth of equipment. I'm preparing to move a state-of-the-art computerized wall panelization plant down to the GO ZONE central gulf rebuild region. The need and opportunity for manufactured stick-frame wall panels in that region is huge and will be for years to come. I am putting together this well-located property and the equipment. To make it work well for me I'm doing something I've done several times before in my 30 years of business, and that is to sell the property and possibly the equipment as well to a passive owner, lease it back with an option to buy it back, pay a much higher than market yield to the passive owner, and we both both profit by doing so without a partnership, stock sale, loan or joint-venture. The price includes the 40,000 SF of buildings, 20 acres of land, all equipment, and a plant that will shortly be worth more than twice as much. If you have this kind of cash, can see the benefits and can move quickly, this could be a deal for you.

The 20-acre site is in Wiggins, Mississippi. Wiggins is a great little town, the county seat of Stone County, and just minutes north of Gulfport and near Biloxi. It's very central to the entire gulf rebuild area, but with lower land costs.

Highlights

  • Higher than market yield on your money
  • GO ZONE area
  • Be a part of the greatest rebuild effort in U.S. history
  • You can be as passive as you wish to be

Research

2000 HWY 49, Wiggins, MS 39577 (Stone County)

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