4.5ACRE LAND IN TOWNSEND, TN with a Shed!

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

Property Details

  • Time to Build
    0
  • State
    Tennessee
  • County
    Blount
  • City
    Townshed
  • GPS
    35.6901297258596,-83.7884383094159
  • Curent Zoning
    R1 - Low to Medium Density Development
  • General Elevation
    1000
  • Taxes
    $161
  • Conveyance
    Warranty Deed
  • Sewer
    Septic
  • Parcel Size (in acres)
    4.5
  • Zip
    37882
  • Title Info
    JAMES & CASEY MARSHALL
  • Access
    Paved Road Drive up access
  • Terrain
    Flat area to build and then slopped.
  • HOA Fees
    No
  • Power
    At Road
  • Water
    11 - INDIVIDUAL / INDIVIDUAL
  • Phone
    Cell phone and connection on property

Transaction Details

Total Transaction Purchase Price (including closing costs): $Around 30,000 Contract is signed for 28,185.85 and I will cover all closing cost
Anticipated Sale Price: $65,000
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: 30/70 for the first 90 days on market then if it takes longer 50/50%
Anticipated Budget: $65,000-30,000=35,000, 35,000*.3=10,500, 35,000*.7=24,500

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