InvestorsHub Logo
Followers 61
Posts 667
Boards Moderated 0
Alias Born 03/20/2016

Re: None

Thursday, 12/15/2016 4:57:16 PM

Thursday, December 15, 2016 4:57:16 PM

Post# of 58279
Per the most recent PR on December 13, 2016, PGUS is in advanced negotiations regarding 4500 acres of oceanfront property which they plan to develop into a master plan for investors and other developers to participate in.

I found a current comparable property in camalu, Baja California, Mexico (Paradise Cove) which is only 61 miles north of the ProGreen land in El Rosario, Baja California, Mexico.

http://www.bajaforme.com/Resort_Map/page_2090341.html

The lots are subdivided into 10x20 meter parcels. The property is basically untouched with some basic improvements (i.e. Sewer, water, Internet).

The lots range from $9,950 to $99,950 each.

Take a look at the videos and you'll get a better idea of the property.

This is exactly what a basic master plan would look like. Nothing too fancy but it shows what ProGreen can probably accomplish in a short period of time (IMO, within the next 12 to 24 months).

IMO...ProGreen will probably have a higher end master plan than Paradise Cove (a mix of house and RV trailer lots) but it gives a good example of current comps in the area.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.