1 Acre Lot in Extremely Wealthy VA Community, Septic Approved

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

Property Details

  • Time to Build
    n/a
  • State
    Virginia
  • County
    Roanoke
  • City
    Roanoke
  • GPS
    37.1953, -80.0751
  • Curent Zoning
    n/a
  • General Elevation
    n/a
  • Taxes
    $1,199.00 in 2018
  • Conveyance
    n/a
  • Sewer
    n/a
  • Parcel Size (in acres)
    1
  • Zip
    24018
  • Title Info
    Sole Ownership
  • Access
    Old Planation Drive
  • Terrain
    Mostly Flat with Trees
  • HOA Fees
    1,948 per year
  • Power
    n/a
  • Water
    n/a
  • Phone
    n/a

Transaction Details

Total Transaction Purchase Price (including closing costs): $24,000
Anticipated Sale Price: $69,000
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: $69000-24000=45,000/2=22,500

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