40 Acres in Torrance County Corona Ranch Subdivision – Assignment

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    na
  • State
    NM
  • County
    Torrance
  • City
    Corona
  • GPS
    34.2645735846193,-105.592677712416
  • Curent Zoning
    Land Use: 400
  • General Elevation
    6833
  • Taxes
    $55.23
  • Conveyance
    Warranty Deed?
  • Sewer
    Most Likely Septic
  • Parcel Size (in acres)
    40.19
  • Zip
    87009
  • Title Info
    LINCOLN COUNTY DEVELOPMENT CO LLC
  • Access
    Road
  • Terrain
    Flat & Medium Slope
  • HOA Fees
    Unknown
  • Power
    Unknown
  • Water
    Unknown
  • Phone
    Unknown

Transaction Details

Total Transaction Purchase Price (including closing costs): $19,000
Anticipated Sale Price: $28,000 +/-
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 60 - 90 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: Assignment%
Anticipated Budget: $28000 - 19000 (Purchase/Closing/Assign) = 9000 to EP

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