39.84 Ac in Cibola County, NM with power

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

Property Details

  • Time to Build
    n/a
  • State
    NM
  • County
    Cibola
  • City
    Cubero
  • GPS
    34.9575, -108.2368
  • Curent Zoning
    Vacant (NEC)
  • General Elevation
    2273
  • Taxes
    $582.06, taxes current
  • Conveyance
    Warranty Deed
  • Sewer
    none
  • Parcel Size (in acres)
    39.84
  • Zip
    87014
  • Title Info
    Single owner warranty deed
  • Access
    Dirt roads
  • Terrain
    Flat
  • HOA Fees
    none
  • Power
    Yes, to property
  • Water
    none
  • Phone
    none

Transaction Details

Total Transaction Purchase Price (including closing costs): $19,235
Anticipated Sale Price: $50,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 90-180 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: $50,000 - 19,235 = 30,765 * 0.5 = 15,382 profit to partner

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