Property Details
- Time to Build
- N/A
- State
- AR
- County
- Carroll
- City
- Berryville
- GPS
- 36.148637, -93.549854
- Curent Zoning
- Rural/Agricultural - Vacant Land. City/Municipality/Township: TBD / Unknown. : TBD / Unknown.
- General Elevation
- 1,500 Feet (ft). Local broker says: "Highest point SW corner. gentle rise from the highway, only 40' change in elevation."
- Taxes
- $Property Taxes Appear to Be Current. Tax Year: 2021. Tax Amount: 10.27.
- Conveyance
- Via Deed (assumed)
- Sewer
- Utilities and Easements TBD. From Owner Greg Head: "electric is close by to hookup to there will have to be a septic tank installed for the sewer and a well drilled for water I am on a well and is very good water." Local Broker says :"appears to be a waterline RoW on same side of highway; powerline RoW & county line western boundary."
- Parcel Size (in acres)
- 7.5
- Zip
- 72616
- Title Info
- Deed (assumed)
- Access
- Access to Property. Access via AR 21. From Owner Greg Head: "The property joins 21 highway very easy access there is a driveway going on to the property." Local Broker says "Highway 21 is eastern boundary, County Rd 1516 northern boundary, powerline RoW & county line western boundary, seller owns to the south."
- Terrain
- Mostly Sloped / Hillside / Valley. Also see comment for "General Elevation" above.
- HOA Fees
- TBD
- Power
- See comments for "Utilities - Sewer" above.
- Water
- See comments for "Utilities - Sewer" above.
- Phone
- See comments for "Utilities - Sewer" above.
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $ 21,568.74 + 1,000 estimated title & escrow = 22,568.74 |
| Anticipated Sale Price: | $ 43,125.00 less 6% commissions to local broker(s) |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 60 to 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 after commissions to local broker(s)% |
| Anticipated Budget: | $ [ 43,125.00 - (6% * 43,125.00)] - [ 21,568.74 + 1,000] = 17,968.76. WIth 50/50 split, approx 8,984.38 each for investor & manager. |
