Buy 85K Sell for 199K, Please help me APN 222604-9014 (3 of 6)

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

Property Details

  • Time to Build
    NA
  • State
    Washington
  • County
    King
  • City
    Seattle
  • GPS
    47.7305633020462,-122.284011743147
  • Curent Zoning
    SF 9600
  • General Elevation
    166
  • Taxes
    $1,824.05
  • Conveyance
    Waranty Deed
  • Sewer
    Yes
  • Parcel Size (in acres)
    .19
  • Zip
    98125
  • Title Info
    Coric Partners Llc
  • Access
    Paved Street Access
  • Terrain
    Hill looking at Lake Washington
  • HOA Fees
    NA
  • Power
    Yes
  • Water
    Yes
  • Phone
    Yes

Transaction Details

Total Transaction Purchase Price (including closing costs): $87000
Anticipated Sale Price: $199000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 60 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 16.67%
Equity Partner Profit Split: 50%
Anticipated Budget: $199,000 - 85,000 = 114,000, 114,000 *.5 = 57,000, 114,000 *.5 = 57,000 @ 1/6th or 16.67% 19,000 *.5 = 9,500

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