8.16 Acres – Pitt County, NC

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    NA
  • State
    North Carolina
  • County
    Pitt
  • City
    Greenville
  • GPS
    35.68999383, -77.31736224
  • Curent Zoning
    Agricultural
  • General Elevation
    80
  • Taxes
    $80.00
  • Conveyance
    Warranty Deed
  • Sewer
    None
  • Parcel Size (in acres)
    8.16
  • Zip
    27884
  • Title Info
    Hal and Kimberly Pruitt
  • Access
    Yes, from NC903 or Oakley Road - Roughly 1500 feet of access
  • Terrain
    Flat
  • HOA Fees
    No
  • Power
    Yes
  • Water
    Tap has been paid for to tap into Stokes Water
  • Phone
    Yes

Transaction Details

Total Transaction Purchase Price (including closing costs): $37,000
Anticipated Sale Price: $69,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 120 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: $69,000 - 37,000 = 32,000, 32,000 * .5 = 16,000, 32,000 * .5 = 16,000
Miscellaneous Option 1: none
Miscellaneous Option 2: none

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