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    152 Denslow Rd

    East Longmeadow, MA 01028
    • $545,000
    • STATUS: Active
    • MLS #: 72827189
    UPDATED: 29 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 2021-06-21T22:07:04.573.
    www.nrgrealestate.com/homes/116849785
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    152 Denslow Rd East Longmeadow, MA 01028

    • Price: $545,000
    • Status: Active
    • Updated: 29 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 2021-06-21T22:07:04.573.
     
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    NRG Real Estate Services, Inc.
    813 Williams Street, Suite 211
    Longmeadow MA, 01106
    Listing courtesy of Gary White of White Real Estate.