Property Details
- Time to Build
- No limit
- State
- TN
- County
- Lauderdale.
- City
- Ripley
- GPS
- 35.729031, -89.513710
- Curent Zoning
- R2 Residential
- General Elevation
- 468 ft
- Taxes
- $66
- Conveyance
- Warranty Deed
- Sewer
- Public
- Parcel Size (in acres)
- 2.4
- Zip
- 38063
- Title Info
- One owner
- Access
- county road, paved
- Terrain
- Flat to sloping
- HOA Fees
- None
- Power
- Public
- Water
- Public
- Phone
- Public
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $8532+1200= 9732 |
| Anticipated Sale Price: | $20000 |
| 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: | $20,000-9,732 = 10,268/2 = 5134 for each partner. |
