2.36 acres in BURLINGTON, NC 27217 (Alamance County, NC)

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

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)

Previous picture Next picture Close gallery
No backers yet!
No new updates

Project Partnered




Sorry this posting is no longer available!!