55 Acre hunting Tract – Buy for 52k sell for 110k

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

Property Details

  • Time to Build
    n/a
  • State
    Wisconsin
  • County
    Vilas
  • City
    Phelps
  • GPS
    46.0119, -89.043
  • Curent Zoning
    PRODUCTIVE FOREST LANDS
  • General Elevation
    1797
  • Taxes
    $667
  • Conveyance
    Warranty Deed
  • Sewer
    n/a
  • Parcel Size (in acres)
    55
  • Zip
    54554
  • Title Info
    Joseph Regis
  • Access
    Kentuck Lake Rd
  • Terrain
    Forestry, timber, has some slope
  • HOA Fees
    na
  • Power
    roadside
  • Water
    well or septic needed
  • Phone
    na

Transaction Details

Total Transaction Purchase Price (including closing costs): $52,000 + 1,100 = 53,100
Anticipated Sale Price: $110,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 60-90 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: $110,000 - 53,100 = 56,900 / 2 = 28,450

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