20 acres in Essex, NY! TWO parcels = DOUBLE the WIN!

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
    NA
  • State
    NY
  • County
    Essex County
  • City
    OLMSTEDVILLE
  • GPS
    POLYGON ((-73.9163418576448 43.7625339126867, -73.9164992932895 43.7626958198209, -73.9197426043284 43.7612922667459, -73.9195548021571 43.7611138785281, -73.9183931887751 43.7600104629134, -73.9164547195539 43.76109793046, -73.915968069685 43.7613709260828, -73.9156613762179 43.7615429693193, -73.915965178591 43.7618292834528, -73.9162697718044 43.762116334298, -73.9165743679425 43.7624033843459, -73.9163418576448 43.7625339126867))
  • Curent Zoning
    Residential - Low Intensity
  • General Elevation
    TBD
  • Taxes
    $1,115.75
  • Conveyance
    Real Estate Attorney (As per NY State standards)
  • Sewer
    TBD
  • Parcel Size (in acres)
    2 parcels at 10.89 acres = 21.78 total
  • Zip
    12857
  • Title Info
    Current Owner - Title to close 7-10 days
  • Access
    Private road to property line
  • Terrain
    Gentle sloped, wooded
  • HOA Fees
    NO
  • Power
    TBD
  • Water
    TBD
  • Phone
    TBD

Transaction Details

Total Transaction Purchase Price (including closing costs): $18,000
Anticipated Sale Price: $Price 45,000-55,000 Per Parcel (Approx 100,000 Total)
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: 50/50 (Bonus To Manager for Quick Sale & Bonus To Funder for Slower Sale ... See Partnership Agreement for details prior to claiming)%
Anticipated Budget: $100,000 - 18,000 = 82,000 (minus Realtor Commissions) (See Partnership Agreement in Description for specific details)

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