Great Plains
Holdings has followed an interesting path since it was founded in 1999. From a
name change (from LILM to Great Plains Holdings) in 2013 to better reflect its
direction to diversify businesses interests, Great Plains is moving beyond its
retail beginnings. Through Ashland Holdings, a wholly owned subsidiary, the
company is making strides within the real estate sector and committed to
further diversifying this division of the business. Ashland not only acquires
but operates a number of income-generating properties, including apartment
buildings, self-storage facilities, and manufactured home communities for
seniors.
Nowadays, Great
Plains is straddling the line between aggressive and conservative growth when
it comes to its real estate pursuits. In the first few months of 2014 alone,
Ashland has advanced its parent company’s rapid expansion with two key moves.
In January, Ashland
finalized the purchase of two adjoining parcels of land in Wildwood, Florida.
The estimated 0.9-acre acquisition came intact with a mobile home and a
sizeable 1,400 square foot corporate office building that Great Plains and
Ashland intend to partly use as office space and partly lease for income. The
property was acquired at a steal at less than $50,000 and has the potential of
growing in value, as property records indicate it sold $250,000 prior to the
real estate sector crisis in 2008.
In April, Ashland
partnered with TexStar Energy on the lease of a 150-acre property in Guadalupe
County, Texas, which holds an estimated 3 million barrels of recoverable oil
reserves. Ashland entered into this partnership through a private placement
investment in a joint venture run by TexStar Energy and, in line with the
agreement, will receive income based on the net revenue interest on the lease.
For more
information, visit http://GTPH.QualityStocks.net
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment