5 Acres 30 Mins NE of OKC, Great Access, Utilities and Private Drive

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    NA
  • State
    Oklahoma
  • County
    Oklahoma County
  • City
    Jones
  • GPS
    35.60355681436423, -97.27343958830797
  • Curent Zoning
    AA - Agricultural but Oklahoma allows low intensity residential development. There are many houses nearby.
  • General Elevation
    1130
  • Taxes
    $342.5 - Paid and current
  • Conveyance
    Warranty Deed
  • Sewer
    Yes
  • Parcel Size (in acres)
    5.02
  • Zip
    73049
  • Title Info
    Single Owner, Mobile is in their name as well
  • Access
    Yes
  • Terrain
    Flat and well drained
  • HOA Fees
    No
  • Power
    Yes
  • Water
    Yes
  • Phone
    Yes

Transaction Details

Total Transaction Purchase Price (including closing costs): $76,500
Anticipated Sale Price: $120,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 10-75 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: $120,000 – 75,000 – 1,550 (closing) – 8,400(commission) = 35,050 50/50 = 35,050 * .5 = 17,525

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