Property Details
- Time to Build
- N/A
- State
- SC
- County
- Edgefield
- City
- Trenton
- GPS
- 33.73809375 -81.90233509
- Curent Zoning
- Unzoned
- General Elevation
- 510
- Taxes
- $284 (2020 and 2022 are owed)
- Conveyance
- Deed
- Sewer
- Well and Septic needed but electric is already on the road.
- Parcel Size (in acres)
- .81
- Zip
- 29847
- Title Info
- One person on deed
- Access
- Easement on Plat
- Terrain
- Some slope on western half but pretty level on the eastern half
- HOA Fees
- None
- Power
- On the street, there are houses on the left and right of this property
- Water
- Well
- Phone
- N/A
Transaction Details
Total Transaction Purchase Price (including closing costs): | $ 2300 + 285 for past/current taxes + 1,000 estimated title & escrow = 3600 |
Anticipated Sale Price: | $9000 |
Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 90-120 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: | $9000 - 3600 = 5400; after 7% SC non resident tax = 5000 Equity Partner 50% Proceeds, Property Poster 50% of Proceeds)*: |
Miscellaneous Option 1: | I have done partner deals with other investors, one being Steve Hodgdon |
Miscellaneous Option 2: | This property was/is part of a planned subdivision made in 2011 |