8 acres in Lucedale Ms (buy for $25,200 sell for $50,000)

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

Property Details

  • Time to Build
    n/a
  • State
    Mississippi
  • County
    George
  • City
    Lucedale
  • GPS
    30*51'53.51"N , 88*49'05.91"W
  • Curent Zoning
    agriculture
  • General Elevation
    147
  • Taxes
    $30.00
  • Conveyance
    warranty deed
  • Sewer
    provided by city
  • Parcel Size (in acres)
    8.40
  • Zip
    39452
  • Title Info
    Thomas Gros
  • Access
    road frontage from hwy 26 w
  • Terrain
    flat
  • HOA Fees
    n/a
  • Power
    provided by city
  • Water
    provided by city
  • Phone
    in the area

Transaction Details

Total Transaction Purchase Price (including closing costs): $25,200 + 1100 = 26,100
Anticipated Sale Price: $50,000
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: 50/50%
Anticipated Budget: $50,000 - 26,000 = 24,000 / 2 = 12,000

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