Property Details
- Time to Build
- NA
- State
- NC
- County
- Lenoir County
- City
- KINSTON
- GPS
- 35.238048890703, -77.5750415953216
- Curent Zoning
- Commercial
- General Elevation
- 32
- Taxes
- $1081.08
- Conveyance
- Warranty Deed
- Sewer
- In the Street
- Parcel Size (in acres)
- 1.76
- Zip
- 28504
- Title Info
- PATEL MILANKUMAR
- Access
- Drive up access
- Terrain
- Flat
- HOA Fees
- NA
- Power
- At the Street
- Water
- At the Street
- Phone
- At the street
Transaction Details
Total Transaction Purchase Price (including closing costs): | $56000 |
Anticipated Sale Price: | $150000 |
Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 120 days |
Escrow or Notary Acquisition? | Escrow |
Escrow or Notary Sale? | Escrow |
Percent of Funding from Partner Required: | 100% |
Equity Partner Profit Split: | 30/70 first 90 days then 50/50 91 days or more on market% |
Anticipated Budget: | $150,000-56,000=94,000, 94,000*.3=28,200, 94,000*.7= 65,800 |