13.5 Acres in Rutherford County NC, Beautiful

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

Property Details

  • Time to Build
  • State
  • County
  • City
    Spindale / Forest City
  • GPS
  • Curent Zoning
    Residential Vacant Land
  • General Elevation
    3024 feet
  • Taxes
    $261 per year. They have it paid up to date based on my research.
  • Conveyance
    Title Close
  • Sewer
  • Parcel Size (in acres)
  • Zip
  • Title Info
    Husband and Wife
  • Access
    paved road
  • Terrain
    Looks flat based on satellite image
  • HOA Fees
    None found so far
  • Power
    Likely nearby considering adjacent neighbors
  • Water
    Likely nearby considering adjacent neighbors
  • Phone
    Likely nearby considering adjacent neighbors

Transaction Details

Total Transaction Purchase Price (including closing costs): $13,000
Anticipated Sale Price: $26,000
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: $26,000 - 13,000 = 13,000 profit. Profit to equity parter and poster split 50% 50%

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