2.4 Acre Lot – Cobb County, GA – Can Sub-Divide – Includes Legal Easement/Driveway

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

Property Details

  • Time to Build
    N/A
  • State
    GA
  • County
    Cobb
  • City
    Austell
  • GPS
    33.7914605627811,-84.5878041465441
  • Curent Zoning
    Residential
  • General Elevation
    958 feet
  • Taxes
    $874.08 per year
  • Conveyance
    Warranty Deed
  • Sewer
    Septic tank needed
  • Parcel Size (in acres)
    2.4 acres
  • Zip
    30168
  • Title Info
    Danny & Jean Hicks
  • Access
    Legal easement/driveway
  • Terrain
    Flat, grassy, wooded
  • HOA Fees
    N/A
  • Power
    Yes, at the road
  • Water
    Yes, at the road
  • Phone
    Cellular

Transaction Details

Total Transaction Purchase Price (including closing costs): $23,237
Anticipated Sale Price: $70,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 90 - 120 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 40/60 (40 to funding partner)%
Anticipated Budget: $70,000 - 21,237 - 2,000 (cc) = 46,763 (40% = 18,705.20 to funding partner)

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