40 Acres – Nice Homestead Potential, Wadena, MN

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    n/a
  • State
    MN
  • County
    Otter Tail
  • City
    Wadena
  • GPS
    46.5828946769134,-95.1870227637256 ;46.5792637526168,-95.1869865495149 ;46.579249837552,-95.1908512454156 ;46.5792450732252,-95.1921672404143 ;46.5756243089731,-95.192152138498 ;46.575642313416,-95.1869504462602 ;46.5720208838665,-95.1869143489814 ;46.5720379610477,-95.1816916354735 ;46.5792824266172,-95.1817372010884 ;46.5829075940689,-95.1817640953736 ;46.5828946769134,-95.1870227637256
  • Curent Zoning
    Agricultural with homestead status
  • General Elevation
    1352
  • Taxes
    $1204
  • Conveyance
    Warranty
  • Sewer
    Neighbors figured it out
  • Parcel Size (in acres)
    40
  • Zip
    56482
  • Title Info
    Okeson, P
  • Access
    Road
  • Terrain
    Flat
  • HOA Fees
    n/a
  • Power
    Neighbors have it
  • Water
    Neighbors have it
  • Phone
    Neighbors have it

Transaction Details

Total Transaction Purchase Price (including closing costs): $35000
Anticipated Sale Price: $70000
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%
Anticipated Budget: $35000

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