Property Details
- Time to Build
- N/A
- State
- CA
- County
- Chester
- City
- Chester
- GPS
- 34.66354807 -81.25349133
- Curent Zoning
- RS-1
- General Elevation
- 485
- Taxes
- $60 for 2022
- Conveyance
- Deed
- Sewer
- Septic Needed
- Parcel Size (in acres)
- 1.6
- Zip
- 29706
- Title Info
- 3 Owners on Deed (Mom, Son, Daughter)
- Access
- County Rd
- Terrain
- Slight slope but not a problem
- HOA Fees
- 0
- Power
- At the street
- Water
- Well needed
- Phone
- N/A
Transaction Details
Total Transaction Purchase Price (including closing costs): | $ 5100 + 60 for current taxes + 800 estimated title & escrow = 6000 |
Anticipated Sale Price: | $17,000 |
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: | 50/50% |
Anticipated Budget: | $17000 - 6000 = 11000; after 7% SC non resident tax = 10200. Equity Partner 50% Proceeds, Property Poster 50% of Proceeds) |
Miscellaneous Option 1: | I have done partner deals with other investors, one being Steve Hodgdon |