Beach Lots (3 of 8) 12.5%

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

Property Details

  • Time to Build
    NA
  • State
    Washington
  • County
    Kitsap
  • City
    Port Orchard
  • GPS
    47.4762069097992,-122.524629611098
  • Curent Zoning
    Residential
  • General Elevation
    10
  • Taxes
    $857.86
  • Conveyance
    Warranty Deed
  • Sewer
    Septic
  • Parcel Size (in acres)
    13
  • Zip
    98367
  • Title Info
    John Solomon
  • Access
    Drive up
  • Terrain
    Waterfront
  • HOA Fees
    NA
  • Power
    Power line to the property
  • Water
    2 Water wells already drilled
  • Phone
    Yes

Transaction Details

Total Transaction Purchase Price (including closing costs): $400000
Anticipated Sale Price: $800000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): Rolling sales 180 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 12.5%
Equity Partner Profit Split: 70%
Anticipated Budget: $50,000(100,000 - 50,000=50,000, * 70% = 35,000)

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