Property Details
- Time to Build
- 0
- State
- TN
- County
- Hardeman
- City
- Middleton
- GPS
- 35.027656, -88.899181
- Curent Zoning
- Residential
- General Elevation
- 468
- Taxes
- $62
- Conveyance
- Warranty deed
- Sewer
- Needs Septic
- Parcel Size (in acres)
- 3.34
- Zip
- 38052
- Title Info
- Owned by one gentleman
- Access
- Paved county road
- Terrain
- Mostly flat
- HOA Fees
- none
- Power
- yes
- Water
- no
- Phone
- yes
Transaction Details
Total Transaction Purchase Price (including closing costs): | $6,000 |
Anticipated Sale Price: | $20,000 |
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: | $20,000-6,000=14,000 / 2 = 7000 for each partner |