Property Details
- Time to Build
- n/a
- State
- VA
- County
- Roanoke
- City
- Roanoke
- GPS
- 37.2 , -79.9
- Curent Zoning
- Private Residential Development
- General Elevation
- n/a
- Taxes
- $~12k per year for estate
- Conveyance
- Warranty Deed
- Sewer
- Septic
- Parcel Size (in acres)
- 81+ acres (lots range 1-6 acres)
- Zip
- 24014
- Title Info
- LLC
- Access
- Road
- Terrain
- Slight Hills. Normal
- HOA Fees
- N/a
- Power
- Yes
- Water
- Well
- Phone
- n/a
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $410,000 |
| Anticipated Sale Price: | $1,000,000 |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 180 days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 25-50% |
| Equity Partner Profit Split: | 25/25/50 (Unless you want to fund all $400k, then 50/50)% |
| Anticipated Budget: | $1,000,000 - 400,000 = 600,000 (25% to Partner 1 , 25% to Partner 2 , 50% to Manager) |
