FRESH NEWARK DEVELOPMENT SITE

9/14/26

FlipID: 4545

🏁Residential Development - 400 acre development 

property under contract and plan to assign 

Asking price for the whole operation is 5.9m + fee And seller financing.

. I can share all details. Please see information below on oil production and parcel numbers included in the sale. Please let me know what other information you need. I am working on collecting any mineral rights documentation as well. As of now this is totally off market, you and just a couple of other people have access to this deal. 

We are asking $5.9M + fee currently. Seller is open to creative financing with large down.

Here are the details for the NY acreage for sale! It’s southwest NY. Almost 400 acres with 108 oil wells along with some gas wells. And 7/8 of all mineral rights will convey. 

There are old ownership royalties in play for the 1/8 rights. But all equipment, huge new metal building, nice paved roads, all convey. There is an existing water well that’s hooked up and of course all the drills, piping, and tanks are in operation and produce over $1M/year. Which can be increased. Several of the parcels don’t have any wells or improvements on them, but have never been timbered. And could also be parceled out into smaller residential homesteads.

request pictures. request location

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Ideally seller would like $7M cash + fee and doesn't really want to do seller financing. If we had an offer around $5.9-$6M cash+ fee they may take it.

GuysWhoScale@hflipper.com