Property Details
- Time to Build
- No Limit
- State
- NM
- County
- Torrance
- City
- Corona
- GPS
- 34.3036036544808,-105.699713809349 - this is only for one of the parcels - see photos.
- Curent Zoning
- Appears To Be Vacant Land but Res makes more sense?
- General Elevation
- 6591
- Taxes
- $599.18 for one parcel
- Conveyance
- Warranty Deed
- Sewer
- Septic would need to be installed
- Parcel Size (in acres)
- 78
- Zip
- 87009
- Title Info
- Douglas & Helene Williams
- Access
- Gravel road
- Terrain
- Flat
- HOA Fees
- $200/year/parcel
- Power
- At Property Line
- Water
- Well on property
- Phone
- Probably Cell
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $32,000 (still possibly negotiable) |
| Anticipated Sale Price: | $54,000 |
| 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: | 60% |
| Anticipated Budget: | $54,000-32,000=22,000, EP@60% of net=13,200. PP @ 40% = 8,800 |
