105 Acres in Mecklenburg County, VA. Buy for $225k sell for $400k

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    0
  • State
    VA
  • County
    Mecklenburg
  • City
    Boydton
  • GPS
    36.6741, 78.3673
  • Curent Zoning
    Agricultural
  • General Elevation
    300
  • Taxes
    $765.2
  • Conveyance
    Warranty Deed
  • Sewer
    No
  • Parcel Size (in acres)
    105.23
  • Zip
    23917
  • Title Info
    Evelyn Frances Torres
  • Access
    Cedar Bluff Road
  • Terrain
    Gentle Rolling
  • HOA Fees
    None
  • Power
    No
  • Water
    No
  • Phone
    No

Transaction Details

Total Transaction Purchase Price (including closing costs): $227000 (approx)
Anticipated Sale Price: $400000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 4 months
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 50%
Anticipated Budget: $400000-227000=173000, Partner 50% proceeds=91500. Poster 50% proceeds=91500 less realtor commission

Previous picture Next picture Close gallery
No backers yet!
No new updates