152 Denslow RoadEast Longmeadow, MA 01028MLS Number 72827189

  • Price: $545,000
  • 141 Days on Market
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Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
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152 Denslow Road East Longmeadow MA 01028152 Denslow Road East Longmeadow MA 01028152 Denslow Road East Longmeadow MA 01028152 Denslow Road East Longmeadow MA 01028
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  • 2021Year Built

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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.
Listed by Gary White of White Real Estate

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More Info

Parking

  • Parking Spaces

Building

  • Year Built2021
  • BasementNo

Property

  • Gross Annual Income31248
  • Lot Size10600

Other

  • Directionuse google maps
  • Sub Agency OfferedNo
  • Main LoBB3122
  • View Count30

Basic Information

  • Date Listed05/06/2021
  • Modification Date2021-05-10T03:05:00
  • Property TypeOther (See Remarks)
  • Status Date2021-05-06T16:37:00
  • List Price$545,000
  • Original Price545000
  • MLS Number72827189
  • MLS StatusActive

Location

  • Building Number152
  • LocationIndustrial Park
  • Street No152
  • StreetDenslow Road
  • TownEast Longmeadow
  • StateMA
  • Zip01028
  • CountyHampden

Photos

  • Photo Date2021-05-06T16:37:00
  • Number of Photos4

East Longmeadow, MA Demographics

There is no data available

East Longmeadow, MA Real Estate Market Data

There is no data available

East Longmeadow, MA Schools

School NameDistanceTypeGrades
Union Crossing Realty
Union Crossing Realty
Office: 413-427-2390
420 Union Street
Westfield, MA 01085

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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