Property Details
- Time to Build
- na
- State
- north carolina
- County
- alamance
- City
- burlington
- GPS
- 36.1122839112479,-79.4449301669625
- Curent Zoning
- MDR Medium Density Residential The Medium Density Residential (MDR) district is established to accommodate moderate density residential development and complimentary uses in suburban-to-urban settings throughout the City’s planning jurisdiction. Use of the conservation subdivision configuration is optional for residential subdivisions of five lots or more. The district accommodates utilities as well as various neighborhood-supporting institutional uses such as parks, schools, and public safety facilities. District regulations discourage uses that interfere with the development of residential neighborhoods or that are detrimental to the residential nature of the district. Conservation subdivisions, pocket neighborhoods, or bungalow courts are allowed as optional forms of development
- General Elevation
- 662
- Taxes
- $194.78
- Conveyance
- warranty deed
- Sewer
- Burlington Water and Utility Billing Department 336-222-5140/ SOME RESIDENTS NEARBY USES SEPTIC
- Parcel Size (in acres)
- 2.36
- Zip
- 27217
- Title Info
- LINEBERRY WILLIAM H LINEBERRY ROBERT W
- Access
- paved road
- Terrain
- flat
- HOA Fees
- none
- Power
- Duke Energy Company 800-777-9898 Piedmont Electric Membership Corporation 800-222-3107
- Water
- Burlington Water and Utility Billing Department 336-222-5140 / SOME RESIDENTS NEARBY USES WELL/
- Phone
- na
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $10k plus 1k closing costs total 11k |
| Anticipated Sale Price: | $21k (split 10k profit /2 = 5k each) |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 30 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% |
| Anticipated Budget: | $21k (split 10k profit /2 = 5k each) |
