108 acres in Custer County Colorado

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

Property Details

  • Time to Build
    6 Months
  • State
    Colorado
  • County
    Custer
  • City
    Westcliffe
  • GPS
    37.9462012868172,-105.275481610511 ;37.9468153426865,-105.278808485908
  • Curent Zoning
    Residential Vacant
  • General Elevation
    9,000 Feet
  • Taxes
    $1,155.00 or 385.00 x three parcels
  • Conveyance
    Warranty deed
  • Sewer
    Septic or alternative
  • Parcel Size (in acres)
    108 Acres, 36.3 x three properties
  • Zip
    81252
  • Title Info
    Peter & Jacqueline Murrish
  • Access
    Dirt road with access to all three parcels
  • Terrain
    Relatively flat
  • HOA Fees
    $300/year, already paid for the year
  • Power
    Power at the road (according to seller, will verify with county)
  • Water
    Well or alternative
  • Phone
    Cell or alternative

Transaction Details

Total Transaction Purchase Price (including closing costs): $60,000.00
Anticipated Sale Price: $120,000.00
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 6 Months
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: $120K-56K(acquisition) - 4K(closing) = 60K divided by each partner. 30K for each partner

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