221
Price : $5,000,000
Listing Type : Investment Opportunities
Status : ACTIVE
Lot Size (Acres) : 400
Medical or Recreational : Both
Utilities : Water, Electricity, Gas, Sewer, Natural Gas, Trash

Approximately 400 farmable acres in Santa Barbara County, 60 acres of which are on organic farm and zoned for Cannabis cultivation, manufacturing. Seeking $5M from investor to buy land.  Grower will then invest their own, separate $2M in funds to take operations from startup to fully profitable, with proforma estimates that allow full payback after 18 months, and over 50% return on monies annually each year after.  Investor monies secured by land, with full payback estimated to be within 12 to 18 months of start.  Investor will then be provided share of all future EBITDA returns from operations.  Land currently has no debt, valued at $8M.

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