Property Details
- Time to Build
- N/A
- State
- North Carolina
- County
- Cleveland
- City
- Mooresboro
- GPS
- 35.30731, -81.69489
- Curent Zoning
- RA
- General Elevation
- 860
- Taxes
- $256.83
- Conveyance
- Warranty Deed
- Sewer
- Septic Needed
- Parcel Size (in acres)
- 5.19
- Zip
- 28114
- Title Info
- Donald Joseph Allen / Colleen McBrayer Allen
- Access
- State Maintained Road
- Terrain
- Slightly rolling with a few relatively flat build sites
- HOA Fees
- 0
- Power
- Available at Property Line
- Water
- Cleveland County Water
- Phone
- Service Available
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $30000 |
| Anticipated Sale Price: | $60000 |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 120 days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 100% |
| Equity Partner Profit Split: | 50/50% |
| Anticipated Budget: | $60K sale price -5K commissions - 30K total COGS = 25K gross profit, 50% to equity partner = 12.5K, 50% to sponsor at 12.5K |
