Property Details
- Time to Build
- N/A
- State
- Oklahoma
- County
- Cleveland
- City
- Norman
- GPS
- 35.19003754045079, -97.17424275021355
- Curent Zoning
- Residential - (Unrestricted - mobile home is allowed)
- General Elevation
- 1060
- Taxes
- $75.11 per year
- Conveyance
- Assignment of Purchase Contract
- Sewer
- According to the owner, there are 2 septic tanks on the north and northeast sections of the property (not sure of the condition).
- Parcel Size (in acres)
- 2
- Zip
- 73025
- Title Info
- Kenneth Dow
- Access
- Gravel road
- Terrain
- Mostly flat with trees
- HOA Fees
- N/A
- Power
- Near the road
- Water
- According to the owner, there is a water well on the northwest section of the lot. Not sure if a pump is still on the well.
- Phone
- Cellular
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $15,500 (includes 3,500 assignment fee and 2,000 estimated closing costs) |
| Anticipated Sale Price: | $35,000 |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 60 - 120 days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 100% |
| Equity Partner Profit Split: | We are assigning 100 percent of the contract to you. You keep 100 percent of the profits.% |
| Anticipated Budget: | $35,000 (sale price) - 10,000 (property cost) - 3,500 (assignment fee) = 21,500 (gross profit) less closing costs and marketing expenses. |
