Property Details
- Time to Build
- No limit
- State
- Tennessee
- County
- Lauderdale
- City
- Ripley
- GPS
- 35.794472, -89.553111
- Curent Zoning
- Residential
- General Elevation
- 406ft
- Taxes
- $216
- Conveyance
- Warranty Deed
- Sewer
- Needs Septic
- Parcel Size (in acres)
- 5.38
- Zip
- 38063
- Title Info
- Owned by a couple, both able to sign
- Access
- Paved road access
- Terrain
- Rolling, wooded w/ cleared space for building
- HOA Fees
- None
- Power
- Available at street
- Water
- Available at street
- Phone
- Available at street
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $15526 |
| Anticipated Sale Price: | $35,000 |
| 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: | $35,000-15526=19,474 gross margin, 9737 for each partner |
