Property Details
- Time to Build
- N/A
- State
- AR
- County
- Union
- City
- El Dorado
- GPS
- 33.188991, -92.423196
- Curent Zoning
- Agri Use/Vacant
- General Elevation
- 150
- Taxes
- $240
- Conveyance
- Via Deed (assumed)
- Sewer
- No Known Utilities or Easements on Property. Owner (Scott Lowe) says "We do not have any formal easements but the entire field is crisscrossed with oilfield roads and timber companies have cut the trees using these roads."
- Parcel Size (in acres)
- 214.25
- Zip
- 71730
- Title Info
- Deed (assumed)
- Access
- Access to properties via various access roads
- Terrain
- Mostly Level / Buildable
- HOA Fees
- TBD
- Power
- See comments for "Utilities - Sewer" above.
- Water
- See comments for "Utilities - Sewer" above.
- Phone
- See comments for "Utilities - Sewer" above.
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $ 224820 |
| Anticipated Sale Price: | $385650 |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 90 to 150 days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 100% |
| Equity Partner Profit Split: | 70/30 (Mgr/Inv) if sale closes within 90 days; 50/50 split if deal closes after 90 days% |
| Anticipated Budget: | $[ 385,650.00 - (8% * 385,650.00)] - [ 222,820.00 + 2,000] = Net Profit of 129,978. WIth 50/50 split, approx 64,989 each for investor & manager. |
