$545,000

Address:"152" "Denslow Rd"

East Longmeadow, Hampden "01028"

Status :
Style :
Living area : sqft
Total rooms :	No. of Bedrooms :
Full Bath(s) :	Half Bath(s) :
Garage(s) :	Garage Style :
Basement : No	Lot Size : 10600 sqft/ Acre

Property Details : "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."

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