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Investment Highlights
- Total project cost: $50,000,000
- Year 1 revenue: $7.85M
- GHVBL anchor tenant in place
- 21% projected IRR (65% LTV)
- Year 5 EBITDA: $7.37M
- Due diligence package available
Executive Summary
Seeking joint venture equity partners for a fully entitled, shovel-ready sports complex located within the highly trafficked I-84/I-684 corridor. The site currently has full
approvals in place for 10 lighted turf fields and a 46,000 SF indoor fieldhouse. Ownership is comprised of both experienced sports facility operators and seasoned
business professionals with extensive backgrounds in real estate development, operations, and management. Ownership is open to a variety of equity and partnership structures depending on the proposed investment level and involvement and would also consider an outright sale of the site. The project is projected to generate
strong financial returns by capitalizing on the significant undersupply of comparable large-scale sports facilities within an approximate three-hour radius of the subject property.
I-84 Exit 65: Direct on/off access
? Metro-North commuter rail on-site
? 6 major airports within 90 minutes
? NYC & Hartford each an hour drive
? 50,000+ vehicles per day on I-84
? Accessible from 8+ states
10 turfed, lighted outdoor fields- 46,000 SF indoor fieldhouse- Showcase Field (300 seats)- Fully entitled & shovel-ready - IC zoning- Direct access: I-84 Exit 65, NY-312, I-684- Metro-North rail access on-site- 1 hr. drive from NYC & Hartford
approvals in place for 10 lighted turf fields and a 46,000 SF indoor fieldhouse. Ownership is comprised of both experienced sports facility operators and seasoned
business professionals with extensive backgrounds in real estate development, operations, and management. Ownership is open to a variety of equity and partnership structures depending on the proposed investment level and involvement and would also consider an outright sale of the site. The project is projected to generate
strong financial returns by capitalizing on the significant undersupply of comparable large-scale sports facilities within an approximate three-hour radius of the subject property.
I-84 Exit 65: Direct on/off access
? Metro-North commuter rail on-site
? 6 major airports within 90 minutes
? NYC & Hartford each an hour drive
? 50,000+ vehicles per day on I-84
? Accessible from 8+ states
10 turfed, lighted outdoor fields- 46,000 SF indoor fieldhouse- Showcase Field (300 seats)- Fully entitled & shovel-ready - IC zoning- Direct access: I-84 Exit 65, NY-312, I-684- Metro-North rail access on-site- 1 hr. drive from NYC & Hartford
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 65.77 AC |
| Zoning | RC - RC (Rural Commercial District) Zone | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 65.77 AC |
| Zoning | RC - RC (Rural Commercial District) Zone |
1 Lot Available
Lot
| Lot Size | 65.77 AC |
| Lot Size | 65.77 AC |
Fully approved for sports fields and indoor sports. 80 + acres with ample parking and excellent access to transportation.
Description
Fully approved site for sports facility and outdoor fields
Not walkable
10/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Property Taxes
| Parcel Number | 373089-045-000-0001-011-000-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $467,867 CAD | Total Assessment | $467,867 CAD |
Property Taxes
Parcel Number
373089-045-000-0001-011-000-0000
Land Assessment
$467,867 CAD
Improvements Assessment
$0 CAD
Total Assessment
$467,867 CAD
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