Property Details
- Time to Build
- none
- State
- Colorado
- County
- Moffat
- City
- Craig
- GPS
- 40.888567, -107.479844
- Curent Zoning
- Ag
- General Elevation
- 7100
- Taxes
- $15.98
- Conveyance
- Warranty Deed
- Sewer
- none
- Parcel Size (in acres)
- 40.51
- Zip
- 81625
- Title Info
- Two owners, husband and wife, ready to sell
- Access
- 1) Road off County Rd 70 with culvert shared with neighbor 2) Easement crossing properties to the east to access high portion of the property
- Terrain
- Flat area near Willow Creek, rises 300' to the relatively level middle of the property.
- HOA Fees
- N/A
- Power
- none
- Water
- none
- Phone
- Mobile phone signal = yes
Transaction Details
Total Transaction Purchase Price (including closing costs): | $Approximately 26,000 (Need revised number from title for a hold-open title policy should be somewhat less than this) |
Anticipated Sale Price: | $40,000-50,000 |
Anticipated Transaction Completion Time (cash in to cash out for equity partner): | Assuming 10 months to be conservative |
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: | $45,000 - 25,000 = 20,000 After 10% commission and ~2k in closing costs, net profit 13,500 split 50/50 |