Property Details
- Time to Build
- N/A
- State
- MO
- County
- Lincoln
- City
- Old Monroe
- GPS
- 38.926245, -90.79446
- Curent Zoning
- Ag / Rural. City/Municipality/Township: Winfield R-4.
- General Elevation
- 470 Feet (ft). Level, but mostly in a floodplain.
- Taxes
- $Property Taxes Appear to Be Current. Tax Year 2021. 55.45 / Yr.
- Conveyance
- Via Deed (assumed)
- Sewer
- No Known Utilities or Easements on Property. Several adjacent developed homesites surround the property.
- Parcel Size (in acres)
- 11.3
- Zip
- 63369
- Title Info
- Deed (assumed)
- Access
- Access to Property. Access via Redbird Ln to the north.
- Terrain
- Mostly Level / Buildable. Also see comment for "General Elevation" above.
- HOA Fees
- TBD
- Power
- See comments for "Utilities - Sewer" above.
- Water
- See comments for "Utilities - Sewer" above.
- Phone
- See comments for "Utilities - Sewer" above.
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $ 80,795.00 + 1,000 estimated title & escrow = 81,795.00 |
| Anticipated Sale Price: | $ 123,735.00 less 6% commissions to local broker(s) |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 60 to 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 after commissions to local broker(s)% |
| Anticipated Budget: | $[ 123,735.00 - (6% * 123,735.00)] - [ 80,795.00 + 1,000] = 116,310.90 - 81,795.00 = 34,515.90. WIth 50/50 split, approx 17,257.95 each for investor & manager. |
