SBQ Holdings, LLC of MasterBeat Corporation Provides Update on $4.25M Sale of Rolling Dunes Property and Progress of Navarre and Baird Rd Properties

BUFORD, GA/ACCESSWIRE/March 18, 2022/ Masterbeat Corporation (OTC PINK:MSTO), a firm specializing in acquisitions of tangible and tangible assets with a particular focus on real estate, collectible classic automobiles and other tangible assets, is pleased to announce that the sale of 183 Rolling Dunes for $4.25 million is slated to close the first week of May. The land acquisition and construction costs for this property are $1.85 million ($1,850,000), which generates a gross profit of $2.4 million ($2,400,000).

As of March 15, 2022, we are pleased to report that the following has been completed at 183 Rolling Dunes, and we are confident to meet our targeted completion date.

The list of completed works includes:

Completed interior works include:

  • Complete roofing (includes Flash, Peal and Seal all roof surfaces and install “Max Rib” style galvanized roof panels.

  • Pool installation complete

  • Interior finishes that are in progress and will be completed soon:

  • The tiling of the showers and bathroom floors will be finished at the end of this week 3/19

  • The cabinet is installed from 03/26 to 04/01

  • Template Counters 4/1

  • Flooring installs 4/1-4/8

  • Preparation and priming of all interior walls

SEE PHOTOS OF ROLLING DUNES’ PROGRESS ON OUR TWITTER ACCOUNT: SBQ HOLDINGS LLC @LlcSbq

The Baird Road project has been transformed into a larger vacation rental property with a 2-car garage and a 750 square foot 2-bedroom, 2-bath apartment above. This will make this property a total of 10 beds and 11 baths. We have decided to use the larger property to build another model which is part of our architectural portfolio. We would like to have the 3 different models built this year and prove the designs for this area. This double set was a perfect size to implement our larger design. We are expected to start innovating in April with an estimated completion date of March 2023.

The Navarre property will be of the same design as Rolling Dunes and we are expected to start innovating in April as well with an estimated completion date of March 2023.

“In 2022, we fully intend to aggressively implement our land acquisition plan to build our portfolio of large vacation-style short-term rental properties. MasterBeat plans to strategically use its Regulation A recently filed to aggressively purchase additional parcels of land throughout the Florida Panhandle.With every $500,000 to $600,000 in gross land purchases, SBQ can add another $4 million in asset value to the books with a potential of over $2 million in profits.The company has secured construction loans for the constructions using the purchased land as collateral, so any funds raised in the market to purchase land secure the construction loan and add significant asset value and earnings.We fully intend to acquire 10 additional parcels in 2022 on the Florida Panhandle. This will give us the potential to generate over €40 million in revenue with over €20 million in profit,” said Josh Tannariello, CEO of Masterbeat Corp.

Zillow has an area appreciating 23.2% per year over the next 12 months and there has been a change of 46.6% over the previous 12 months.

https://www.zillow.com/santa-rosa-beach-fl-32459/home-values/

Rented Inc., recently ranked the Florida Panhandle as the best place for investors to purchase vacation rental homes. Florida’s Northwest Gulf Coast ranked #1 in the new “100 Best Places to Buy Vacation Rentals.” The report was compiled by Rented Research and Weiss Analytics by ranking destinations based on cost of ownership, short-term earning potential, cost of acquisition, annual appreciation and projected changes in asset values. . The new 2020 report has determined that Florida’s Panhandle offers the best returns on vacation home investments compared to “Every Other Market” in the United States and has an index of 98.7 out of 100. The Florida Panhandle has become the big winner of the best holidays. – home investment area in the United States. See more at www.inman.com/2020/07/20/florida-is-the-no-1-state-to-purchase-a-vacation-rental/

About MasterBeat Corp.

MasterBeat Corporation (OTC PINK:MSTO), incorporated under the laws of Delaware, is a publicly traded company specializing in acquisitions of tangible and tangible assets with a particular focus on real estate, precious metals and other assets bodily. The company believes that its incremental approach to an old-school model, particularly in this market based on fragile earnings multiples and uncertainty, to acquiring material, tangible assets will not only deliver long-term capital appreciation , but also income, profit and self-sufficiency.

www.masterbeatcorp.com
[email protected]

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based on current expectations or beliefs, as well as on a number of assumptions regarding future events. Although we believe that the expectations and assumptions on which they are based are reasonable, we cannot guarantee that these expectations and assumptions will prove to be correct. Some of these uncertainties include, but are not limited to, the Company’s ability to perform on existing contracts or obtain future contracts. The reader is cautioned not to place undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including, without limitation, the successful implementation of our business strategy and competition, each of which may cause actual results to differ materially. from those described in the declarations. We undertake no obligation and do not intend to update, revise or publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events. Although we believe that our expectations are based on reasonable assumptions, we cannot guarantee that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.

CONTACT:
Josh Tannariello
561-570-7050
[email protected]

THE SOURCE: MasterBeat Corporation

See the source version on accesswire.com:
https://www.accesswire.com/693595/MasterBeat-Corporations-SBQ-Holdings-LLC-Gives-Update-on-425-M-Sale-of-the-Rolling-Dunes-Property-and-Progress-of- Navarre-and-Baird-Rd-Properties

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