IN8336 - 230 Acre Orange Orchard

  • Village: St. Margaret
  • District: Cayo
  • Country: Belize
  • Price: USD $750,000
  • Property ID: IN8336
  • 0
  • 10018800

RE/MAX 1st Choice Belize is thrilled to list for sale this beautiful, productive orange orchard amidst stunning limestone hills and countless streams in the Manatee region of the district of Belize. Located very near the borders of Stann Creek and Cayo, this lush, raw region of Belize has countless fresh water streams which deposit nutrient rich black soil ideal for farming. The farm currently has 24, 820 producing orange trees over 185 acres. Gross revenue this season was $185, 000 US with costs at $80,000 US. This represents a net profit of approximately $105, 000 US. Production this year is estimated at 40, 000 bushels and is expected to top off at 65, 000 when trees are fully mature in the next 2 to 3 years. The new owner can expect his purchase price to be returned in 5 to 6 years. This is an outstanding opportunity to take over a successful turn key business producing a generous %8 ROI which will be in the double digits within a few years.

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