Beautiful Lot In The “Prestigious” Part Of Town With No Restrictions

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

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

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