7 Acre – Rare 6 Piece Allotment In Expensive Area Right Off Lake Erie

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    n/a
  • State
    New York
  • County
    Erie
  • City
    Hamburg
  • GPS
    42.7625, -78.8660
  • Curent Zoning
    n/a
  • General Elevation
    n/a
  • Taxes
    $751.83 in 2019
  • Conveyance
    Warranty
  • Sewer
    n/a
  • Parcel Size (in acres)
    7
  • Zip
    14075
  • Title Info
    Sole Ownership
  • Access
    Yes
  • Terrain
    Flat, Grassy/Trees
  • HOA Fees
    n/a
  • Power
    n/a
  • Water
    n/a
  • Phone
    n/a

Transaction Details

Total Transaction Purchase Price (including closing costs): $37,000
Anticipated Sale Price: $87,000
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%
Anticipated Budget: $87,000-37,000 = 50,000 / 2 = 25,000

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