2.59 acres in Banks County GA, Nice spot for building rural home and just 30 mins to University of Georgia

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

Property Details

  • Time to Build
  • State
  • County
  • City
  • GPS
    34.258820, -83.343740
  • Curent Zoning
  • General Elevation
  • Taxes
  • Conveyance
    Wife of Husband (owner) who has passed will sign
  • Sewer
    Not known, likely either city or septic
  • Parcel Size (in acres)
  • Zip
  • Title Info
    Single Owner
  • Access
    Well maintained dirt road
  • Terrain
    Generally flat, some gentle hills in the area
  • HOA Fees
    No HOA known
  • Power
    Power poles are nearby so it should be practical to connect
  • Water
    Not known, possible city supplied
  • Phone
    Poles nearby, likely city supplied

Transaction Details

Total Transaction Purchase Price (including closing costs): $7000 (5800 property + 1000 closing + 200 for tax)
Anticipated Sale Price: $18,900 (will reduce to about 15,000 if it doesn't sell at that price)
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 120 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: $18900-7000 = 11900, equity partner 5950, property poster 5950

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