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Posted On: 11/25/2020 11:29:51 AM
Post# of 144629
$HIHI is operating in the recreational and remote living real estate market - released the news today that it has entered into a Commercial Contract to buy a high yield Recreational Vehicle ("RV"
Park.
Negotiations are continuing to acquire directly, or in partnership with an investment, the planned purchase of a large (80 acre) RV and exotic animal park near the Dallas/Ft. Worth MetroPlex in Texas. The Company has signed the definitive purchase agreement, and it is now involved in performing inspection, due diligence, and seeking appropriate financing for the acquisition.
S. Gene Thompson - the Company's CEO - said: "assuming we do not find any major due diligence issues that we cannot resolve, we intend to continue pursuing acquisition financing so that we can schedule a December 2020 closing. We will keep you advised or our progress."
Park. Negotiations are continuing to acquire directly, or in partnership with an investment, the planned purchase of a large (80 acre) RV and exotic animal park near the Dallas/Ft. Worth MetroPlex in Texas. The Company has signed the definitive purchase agreement, and it is now involved in performing inspection, due diligence, and seeking appropriate financing for the acquisition.
S. Gene Thompson - the Company's CEO - said: "assuming we do not find any major due diligence issues that we cannot resolve, we intend to continue pursuing acquisition financing so that we can schedule a December 2020 closing. We will keep you advised or our progress."
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