40 Acres On HWY 395 In Lassen county

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

Property Details

  • Time to Build
    N/A
  • State
    CA
  • County
    Lassen County
  • City
    Termo
  • GPS
    40.974228, -120.495824
  • Curent Zoning
    U-C-2 UPLAND CONSERVATION/RESOURCE MANAGEMENT DISTRICT (1) One single-family dwelling, farm buildings and accessory buildings and uses; (2) A second single-family dwelling; provided that the dwelling is to be used in conjunction with an operating agricultural unit and is located on a parcel which meets the minimum parcel size criteria; (3) General agriculture, crop and tree farming, logging, grazing, animal husbandry, general nurseries and greenhouses; (4) Private airstrips accessory to an agricultural operation; (5) Hunting clubs or lodges, ski areas and facilities including ski lifts (but only in areas designated as mountain resort in the County General Plan); (6) Hydroelectric powerplants; (7) Small-scale commercial firewood processing (less than one hundred cords produced on an annual basis); (8) Temporary stands for the sale of agricultural products produced on the premises; (9) Other uses which are similar in nature to those enumerated herein and are de
  • General Elevation
    5200 ft
  • Taxes
    $145/yr 2019
  • Conveyance
    Escrow
  • Sewer
    N/a
  • Parcel Size (in acres)
    40
  • Zip
    96132
  • Title Info
    BRACK RONALD H FAM TRST 2011
  • Access
    Right on hwy 395
  • Terrain
    Flat
  • HOA Fees
    N/A
  • Power
    Need solar/ has power lines running across parcel
  • Water
    Need Well
  • Phone
    N/A

Transaction Details

Total Transaction Purchase Price (including closing costs): $10000
Anticipated Sale Price: $19500
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 120 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: $19,500-10,000=9500/2= 4750 per partner Less Agent commission and sale escrow.
Miscellaneous Option 1: May do multi parcel deal if interested, Have contract for another 40 acre parcel from the same seller, in addition to other 40 acre parcels

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