Property Details
- Time to Build
- None
- State
- California
- County
- Ventura
- City
- Maricopa
- GPS
- -119.394891320003, 34.8274809297112
- Curent Zoning
- OS - 160/RA2AC (Open Space)
- General Elevation
- 3,500
- Taxes
- $253.14
- Conveyance
- Title , Escrow, Warranty Deed
- Sewer
- Alternative water
- Parcel Size (in acres)
- 160
- Zip
- 93252
- Title Info
- Cuyama Holdings, LLC
- Access
- Excellent - right at property, paved to gravel.
- Terrain
- Gentle slope
- HOA Fees
- NA
- Power
- Electricity nearby - on road
- Water
- Would need well or alternative
- Phone
- na
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $115,000 |
| Anticipated Sale Price: | $300000 |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 60 days to 240 days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 45 (50K)% |
| Equity Partner Profit Split: | 40/40/20 with 2 partners - one partner is already secured% |
| Anticipated Budget: | $300,000 - 115,000 = 185,000, less realtor fee of 10% = gross margin of 166,500. Two equity partners with a 50K investment each, proceeds would be 66,600 each. |
