Very profitable active shrimp farm, central pacific, puntarenas, for sale by jeff fisher ortega y gasset revolt of the masses

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UPDATED May 12, 2018 Price reduced to $6.5 million plus the current value of the shrimp and feed AND NOW HAS "Owner financing up to 50%, 3 year term, 4% possible. Total area: 415 acres divided by 2.47 ==168 hect. but, the price of $6.5 millions is $55,555 ha. times 117 equals $6.5 million because the mangrove (127 acres /51 hect is free) $5.55 sq.m2 divided by 10.76 equals $.51 cents sq. foot.

The shrimp in the ponds as well as all supplies, feed, materials, and all costs associated with the shrimp in the ponds, larva, diesel, labor, materials, liming, disking, etc. at the time of sale are not included in the sale price, but will be valued separately at the time of sale, and are an additional cost to any buyer.

I recently visited this beautiful shrimp farm to check out a shrimp harvest and to see the new African palm areas. Truly amazing is that the price of $6.5 million is now based on "real production" harvests while the land is still priced at below market value.

Since the titled mangrove is included for free, the other 291 acres (117 hectares) comes to $.51 sq.ft, or $5.55 m2 ($55,555 per hectare). Thus the highly productive shrimp business and soon to come palm business is included , at the price of $6.5 million.

Improvements were made in September, 2014, by aerating 4 ponds, 14 hectares in total, to double their production capacity with another two ponds ready to receive aerators, which would make a total of 20 hectares. Shrimp prices also have increased markedly since 2012 and will continue to do so as demand increases and int’l production does not keep pace.

The farm has been in continuous shrimp production since 1999 and currently sells to various buyers who export to the U.S. and Europe, with sales also to the Costa Rican market. It has produced intensively in the past and semi-intensively. The farm exported to Spain and the U.S. in earlier years.

There is a galerón, large shed, with bodegas for feed and tools, an office, an electric substation, 3 transformers, 8 aerators in 4 ponds, 14 ha. total, to increase production, and an acclimatization tank 3 meters wide, 1.5 meters deep, and 15 meters in length. 5 km of graveled roads circumnavigate the farm with other roads within to service the 23 ponds. The four ponds with aerators are usually seeded at 30 larva per meter which doubles production.

The farming operation consists of 117 hectares and there are in addition 51 hectares of mangrove. All property is titled. Nothing is concession. All governmental permits are active. The area of mangrove will remain mangrove due to the environmental laws for which the country is famous. The mangrove forest serves as filtration for water exiting ponds, a natural barrier, and home for many indigenous species of animals such as raccoons, monkeys, birds of all kinds, the occasional panther, as well as a variety of aquatic species of flora besides mangrove.

A potential buyer will be aware of property values in the area and profit capability of the business. Profit depends on management, seeding density, aeration, and marketing the production. The farm has been in semi-intensive,and intensive production since it began operation producing up to 200 MT per cycle intensively. With more aeration higher production occurs.

3. The appraised value of the total farm of 168 hectares (415 acres) is based only on the appraised value of the land without including the infrastructure value which has substantial value and whose value for dirt movement, electricity, structures, inlet and outlet gates, pumping station and motors is approximately $12 million currently.

Neither do the appraisals consider the value of the business. There is a bodega with storage for feed and tools, office, an electric substation, 3 transformers, 8 aerators in 4 ponds, 14 ha. total, to increase production, and an acclimatization tank 3 meters wide, 1.5 meters deep, and 15 meters in length. 5 km of graveled road circumnavigate the farm with other roads within to service the 23 ponds.

4. The farm has been in constant shrimp production disease free since 1999. Conversion to organic shrimp for sale to the EU and U.S can easily be accomplished if desired. Tilapia production is also possible, and wild tilapia that entered into the ponds as eggs from the estuary system have been harvested on occasion.

7. The farm has other possible uses due to its proximity to the Pacific, a marina and dock on the river Parrita with access to the ocean and access also to the ocean directly from the farm to the ocean via the estuary system which is on the other side of the farm-this property is productive and profitable and has multiple use possibilities. There is also more space to plant African palm.