OPTEC International Inc Announces Significant 28% Single Asset Increase of $700,000 In less than Nine Months
OPTEC International, Inc. (OTC PINK:OPTI) reported a significant 28% increase in the value of its Rancho Santa Fe property, purchased for $2,500,000 in June 2021. The current market value exceeds $3,200,000, reflecting an appreciation of $700,000 in less than nine months. The property generates $10,000 monthly in rental income, with multiple purchase offers received at current value. This development enhances OPTEC's asset value and profitability, signaling positive outcomes for investors and shareholders.
- 28% increase in property value within nine months.
- Current market value of the Rancho Santa Fe property exceeds $3,200,000.
- Potential profit of $700,000 from the property sale anticipated after lease ends.
- Monthly rental income of $10,000 contributes to financial stability.
- None.
VISTA, CA / ACCESSWIRE / March 7, 2022 / OPTEC International, Inc. (OTC PINK:OPTI) today announced a
In addition to the company's commercial properties revenues the residential Investment property increased in value over
The Rancho Santa Fe Property was purchased for
Property Value Link:
https://www.redfin.com/CA/Rancho-Santa-Fe/7961-Camino-De-La-Dora-92091/home/4181292
Area Property Value Links:
About OPTEC International, Inc.
With Locations in Carlsbad and Vista, California, OPTEC International is a developer and manufacturer of the OPTEC Fuel Maximizer products along with electronic LED, Ultraviolet (U.V.) & UV-C safety products and related advanced technologies and PPE (Personal Protection Equipment) products. The company's Temperature Scanning product line is being launched at a time when H.R. directors and facilities managers are experiencing extreme concern with respect to keeping environments safe during the global pandemic crisis and the safe reopening of the U.S. economy. For more information, visit: www.optecintl.com
Safe Harbor Statement: Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Opti, OPTEC or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. OPTEC International Inc.
Investor Relations Contact:
Michael Iorlano
(760) 621-0062 / Mike@MountaintopMedia.net
SOURCE: Optec International, Inc.
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FAQ
What recent financial milestone did OPTEC International achieve?
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