Property Details
- Time to Build
- na
- State
- nc
- County
- gaston
- City
- bessemer
- GPS
- 35.3495475228435,-81.348749464433
- Curent Zoning
- 6.2.1.Residential districts.A.R-1 Single-family limited. The purpose of this district is to accommodate single-family site built and modular construction. The minimum lot size allowed in this district will be dependent on the provision of public or community water and sewer facilities. Although areas may be served with such utilities, most of these areas are located beyond existing or anticipated utility service coverage areas. The minimum lot size for residential uses in this district is therefore larger than in other residential zoning districts
- General Elevation
- 978
- Taxes
- $222.28
- Conveyance
- warranty deed
- Sewer
- BUILD SEPTIC
- Parcel Size (in acres)
- 2.78
- Zip
- 28016
- Title Info
- ROLLINS GARY AARON & ROLLINS HEATHER
- Access
- paved road
- Terrain
- flat
- HOA Fees
- none
- Power
- Rutherford Electric Membership Corporation 704-629-6226
- Water
- na
- Phone
- na
Transaction Details
Total Transaction Purchase Price (including closing costs): | $19,000 + 1000 closing costs=20,000 |
Anticipated Sale Price: | $40,000 |
Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 90 days to 120 days (honestly i believe less but just putting this to be conservative) |
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: | $19,000 + 1000 closing costs=20,000 *50%=10,000 each gross profit |