1 Acre near chautauqua lake and state forest – residential/agricultural area

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    0
  • State
    NY
  • County
    Chautauqua
  • City
    Ashville
  • GPS
    42.0951792332026,-79.3811892659916
  • Curent Zoning
    Farm
  • General Elevation
    1400
  • Taxes
    $278
  • Conveyance
    TBD
  • Sewer
    n/a
  • Parcel Size (in acres)
    1
  • Zip
    14710
  • Title Info
    Wife owns it - got it via quitclaim deed from mother
  • Access
    street
  • Terrain
    wooded
  • HOA Fees
    n/a
  • Power
    n/a
  • Water
    n/a
  • Phone
    n/a

Transaction Details

Total Transaction Purchase Price (including closing costs): $7200
Anticipated Sale Price: $15000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 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%
Anticipated Budget: $15,000 - 7,200 = 7,800 / 2 = 3900 for investor

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