Property Details
- Time to Build
- NA
- State
- Washington
- County
- Kitsap
- City
- Port Orchard
- GPS
- 47.4762069097992,-122.524629611098
- Curent Zoning
- Residential
- General Elevation
- 5
- Taxes
- $667.38
- Conveyance
- Warranty Deed
- Sewer
- Septic
- Parcel Size (in acres)
- 13
- Zip
- 98367
- Title Info
- John Solomon
- Access
- Drive us and see it
- Terrain
- Beach Front, Low bank walk out onto the beach
- HOA Fees
- NA
- Power
- Power line runs down the street through each lot
- Water
- Water line could support a couple houses there and two water wells that can support all the lots.
- Phone
- NA
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $407000 |
| Anticipated Sale Price: | $1,110,000 |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 180 days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 5% |
| Equity Partner Profit Split: | 70/30% |
| Anticipated Budget: | $1,110,000 - 400,000 = 710,000, 710,000 * .70 = 497,000, 710,000 * .30 = 213,000 @ 5% then its 55,500 - 20,000 = 35,500, 35,500 * .7 = 24,850. 35,500 * .3 = 10,650 |
