41+ Acres in NY Overlooking Entire Town in NY!

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

Property Details

  • Time to Build
    N/A
  • State
    NY
  • County
    Jefferson
  • City
    Watertown
  • GPS
    43.958899, -75.899809
  • Curent Zoning
    Residence "A"
  • General Elevation
    650
  • Taxes
    $2300
  • Conveyance
    Title Close
  • Sewer
    TBD
  • Parcel Size (in acres)
    41.08
  • Zip
    13601
  • Title Info
    ADAMS FLORENCE T (estate of.
  • Access
    Direct Road Access off main road (Gotham Street)
  • Terrain
    Sloped & Flat / Treed
  • HOA Fees
    NA
  • Power
    Yes!
  • Water
    Realtors have said Services are available
  • Phone
    Realtors have said Services are available

Transaction Details

Total Transaction Purchase Price (including closing costs): $46,500
Anticipated Sale Price: $100,000
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: 50/50%
Anticipated Budget: $100,000 - 46,500 Cost - 8000 (realtor fee) - closing title fee (1000) = 44,500 X 50% Split = 22,250 Each.
Miscellaneous Option 1: Estate of Florence Adams. Executor of estate has already spoken to lawyer and the lawyer has confirmed that the Deed would pass through Estate at closing. Sellers executor Lawyer said it would all be done in one transaction when we close

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