41 Acres Highway and Lake Access in MN

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    n/a
  • State
    Minnesota
  • County
    Otter Tail
  • City
    Perham
  • GPS
    46.5109610101148,-95.5838497734776 ;46.5108305321612,-95.5771077052778 ;46.5118312226952,-95.5771254410574 ;46.5117739522601,-95.5741679514144 ;46.5119040960964,-95.5741702528563 ;46.513261191287,-95.5741942340962 ;46.5133366395874,-95.5824542446552 ;46.5130643522738,-95.5826677630431 ;46.5130734626338,-95.5834969167829 ;46.5130779685456,-95.5839070155914 ;46.5130784451502,-95.5839511379275 ;46.5130812036907,-95.5842026614751 ;46.5130814484317,-95.5842245037323 ;46.51305421436,-95.5842413493177 ;46.5130371650576,-95.582689096682 ;46.5115471526277,-95.5838574827 ;46.5109610101148,-95.5838497734776
  • Curent Zoning
    General Agricultural
  • General Elevation
    1400
  • Taxes
    $140
  • Conveyance
    Warranty
  • Sewer
    Looks figured out for neighborhood
  • Parcel Size (in acres)
    41
  • Zip
    56573
  • Title Info
    R Loerzel
  • Access
    Highway and street
  • Terrain
    Flat
  • HOA Fees
    na
  • Power
    In area
  • Water
    In area
  • Phone
    In area

Transaction Details

Total Transaction Purchase Price (including closing costs): $65000
Anticipated Sale Price: $85000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 60 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: $20000

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