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Description:
Planning a new Destination EcoSpa close to Ruidoso, New Mexico. Have secured more than 1800 acres of prestine ranch land with 360 degree views of Sacrarmento Mountains, Capitan Gap, Lincoln National Forest, and Sierra Blanca mountain range. Spa will be wind and solar powered, have rainwater catchment system (have several wells that will produce sufficient water as backup), reuse of gray water, salt water pools and spas, greenhouse to grow and use for restaurant, hiking and walking trails, meditation room, yoga,, all top treatments to be available. No competition in area (unlike Santa Fe and Taos), high quality local workforce, and lots of support from community. Area draws potential guests all seasons, as it has snow skiing, quality horse racing, fishing, golfing, hiking, etc.
Looking for $700,000 to $1MM loan at 9% interest over 10-15 years, with 7% of net profit during same time period.