Off Market Mix-Use Building in Ski Resort Area

EXECUTIVE SUMMARY – OVERVIEW

Corporation is pleased to present a potential acquisition of an approximately 40,000 SF building on approximately 4.85 acres of land with 5- acre feet of water for a potential retail development project to-be-developed in Mountain Green, UT. The property has a Lease (with an option to purchase) on the entire building and sublets approx 10,000 SF. Approximately $2MM is needed for immediate acquisition and closing costs with approximately $1.5MM needed in capital expenditures and improvements to the property.

LOCATION

The land is situated in a prime location with close proximity to Wasatch Peaks Ranch in Mountain Green, UT in Morgan County and is surrounded by the Browning Arms Company and is across the street from the Morgan Air Strip and Morgan Air Field. Mountain Green offers a high quality of life with a beautiful mountainous setting and a vibrant community. This property has incredible views of Wasatch Peaks Ranch and Snowbasin. Mountain Green and Morgan County are experiencing incredible growth and boast a strong sense of community, solid economy, safe neighborhoods and excellent schools. Mountain Green is known for its outdoor recreational activities, including hiking, biking, and golfing with close proximity to Snowbasin Ski Resort for world class skiing and snowboarding.