Free Land To Qualified Developers

From: DonaldLiberatore@msn.com
Category: Category 1
Date: 5/12/02
Time: 6:22:51 PM
Remote Name:


NOTICE: Free Land to Developer 35.7 Acres Approved as 72-Unit Subdivision

Seller will Expand to 144-Units Fully Approved

HERE’S OUR PROPOSAL: The Owner will turn the subdivision over to a developer and will structure a 99-year Association Land Lease. This will allow the Developer to build and sell-out the condominium units without ever having to pay for land!

The developer may then sell the units under market and show market sale profitability. * * * * * * * * * * * * * * ~ For Sale ~ An Active Adult (Over-55) Community Town Approved Subdivision * * * * * * * * * * * * * * Project Amenities: Location, Location, Location:

An Active Adult Over-55 Community 15 minutes to Foxwoods Casino

A Private, Gated & Cloistered Community 20 Minutes to Mohegan Sun Casino

Waterfront Units on Pond with a Center Island One Mile from Interstate-395, Exit 87

Community Center, Gazebo & Tree Lined Road Within 2-Miles of a Downtown Area

Designated On-Site RV & Boat Storage Parking Water & Sewer available to Site

On-Site Natural Walking Trails around 3 Ponds All Utilities available to Site

On-Site Bike & Power Walking Exercise Lane Gas Line on Norwich Road

Lake Approval Allows for Waterfront Advertisement of Units!

Options to Buyer:

Owner will 100% Sale @ $2,600,000

Possibly Some Seller Financing Offered

Possible Partnership Arrangement - Maybe

Partial 1031 Tax-Free Exchange – Again Maybe

For More Information Contact: Dan Thibodeau x232 or Don Liberatore x246

Century 21 Access America w 449 Silas Deane Highway, Wethersfield, Connecticut 06109 w (860) 263-2121

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same

is submitted subject to errors, omissions, changes, or price, rental or other conditions, withdrawal without prior notice,

and to any special listing conditions imposed by our principles.