Fractal Property

Hub For Physical Real Estate NFTs

Land in Holmes, NY

Description

Land in Holmes, NY

Over 6 1/2 acres of ideally located land in Pawling, New York with tons of potential. This parcel, near Whaley Lake, boasts a level road front site and beautiful views of the hills and sunsets in the west. The land was originally part of the four lot Meyer Subdivision from the 1970’s.

This plot borders and abuts the Empire State Trail/Maybrook Trailway and the Pawling trailhead making for great hiking and recreation property. Heres your chance for your own scenic recreational land in the Hudson Valley!

$ 0

Total price for property

0

Number of NFTs

$ 0

Price per NFT

Drop Information

The goal is to raise 60,000 to buy this 6 1/2 acre plot of raw land in Holmes/Pawling, New York. The land will be used for a range of purposes, determined by the investors. We see opportunities that’s residential (cabins, tiny home communities), commercial (corporate retreat), agricultural (cannabis and/or community gardens), or ideally, all of the above.

How it Works

Investors in project buy NFTs that represent indirect fractional land ownership. It will be 10 NFTs available to purchase for 6,000 each. Each token holder will be granted rights of usage and voting through a newly formed company that will own the property. The newly formed company will grant rights to the NFT holders.

The offering is expected to be completed by year-end 2021 with the raised amount to be used to acquire the land in the first half of 2022. If the land isn’t acquired, the investment (less startup/R&D expense) is refunded, minimizing risk to investors. Putting aside the potential commercial usage, investors are buying land at market value. Early investors will be granted the highest economic upside. We expect to abide by all local security laws.