Property Details
- Time to Build
- NA
- State
- NC
- County
- Rutherford
- City
- Spindale / Forest City
- GPS
- 35.357728,-81.909213
- 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
- Unknown
- Parcel Size (in acres)
- 13.5
- Zip
- 28043
- 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% |
