Two Parcels: 5.29 AC in Perry County, MO

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    N/A
  • State
    MO
  • County
    Perry
  • City
    Perryville
  • GPS
    37.694872, -90.073017
  • Curent Zoning
    Rural/Agricultural - Vacant Land
  • General Elevation
    800 Feet (ft). Slope to the northwest.
  • Taxes
    $Property Taxes Appear to Be Current. Tax Year 2021. 21.19 / yr (2.6 AC) + 78.16 / yr (2.6 AC).
  • Conveyance
    Via Deed (assumed)
  • Sewer
    Utilities and Easements TBD. Scattered residences nearby. Powerline in the road.
  • Parcel Size (in acres)
    2.6 AC + 2.69 AC = 5.29 AC
  • Zip
    63775
  • Title Info
    Deed (assumed)
  • Access
    This property is owned by Greg Lyeki, who also owns the adjacent property to the West (APN 12-9.0-031-004-001-001.00000 - Perryville MO 63775), which has access to Fox Sqirrel Dr. Fox Squirrel Dr is a gravel road.
  • Terrain
    Partially Level / Buildable. Also see comment for "General Elevation" above.
  • HOA Fees
    TBD
  • Power
    See comments for "Utilities - Sewer" above.
  • Water
    See comments for "Utilities - Sewer" above.
  • Phone
    See comments for "Utilities - Sewer" above.

Transaction Details

Total Transaction Purchase Price (including closing costs): $ 18,975 + 1,000 estimated title & escrow = 19,975
Anticipated Sale Price: $ 40,733 less 6% commissions to local broker(s)
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 60 to 90 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 50/50 after commissions to local broker(s)%
Anticipated Budget: $[40,733 - (6% * 40,733)] - [18,975 + 1,000] = 38,289 - 19,975 = 18,314. With 50/50 split, approximately 9,157 each for investor and manager.

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