1/9

Land for sale in Poti, 7.7 ha for $20,000,000

Ivane Javakhishvili St, 36
$‍‍20,000,000
$
77 000 m2
land area
area
Listed
Listed
Yesterday, 18:41
Updated
Updated
Yesterday, 18:41

Description from the seller

Investment offer: Urgent sale of a 7.7-hectare investment land plot located directly by the Poti Port (300 meters). 3.1 hectares currently operate as a customs zone and a functional terminal for new and used vehicles and cargo (cadastral codes: 04.01.07.1012, 04.01.07.997, 04.01.07.810, 04.01.07.1093). The remaining 4.6 hectares (04.01.07.1094) is an investment plot suitable for terminal business development. Operating terminal characteristics: • 14,400 FFE containers • 57,000 vehicles At 70% capacity: • annual income — $2.16 million • annual EBITDA — $1.6 million • EBITDA margin: 74% Development plans for the 4.6 hectares include a dry general cargo terminal (Sector 2-1 / on 3 ha) and an oil terminal (Sector 2-2 / on 1.6 ha). Sector 2-2 / 1.6 ha oil terminal: • tankers, 12,000 tons • railway branch • railway for 15–18 wagons Terminal construction cost: $6 million Construction time: 2 years Terminal capacity: 500,000 tons per year At 60% capacity: • cargo throughput: 300,000 tons per year • annual income: $3.6 million • annual EBITDA: $2.7 million • EBITDA margin: 75% Offer for interested parties: Upon interest, the following are possible: • expansion of the territory up to 10 hectares and registration of a Free Industrial Zone • long-term lease of the port berth for operations Sale options: • company sells 100% share (7.7 ha / Sector 1 and Sector 2) for $20 million • company sells 90% share for $18 million • company sells 50% share for $10 million • company sells 4.6 ha land plot (Sectors 2-1 and 2-2) for $200 per sq. m Other forms of partnership are also considered.

Plot location

Poti
, Ivane Javakhishvili St, 36

Contact seller

Dani Group
Dani Group
Agent
Agent

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow $‍17,000,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
1 492 989
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
Do you like this plot?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?