BUY FOR 24K SELL FOR 50K – 8 ACRES IN PETAL MS!

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

Property Details

  • Time to Build
    N/A
  • State
    MISSISSIPPI
  • County
    FORREST
  • City
    PETAL
  • GPS
    31.296686 -89.184674
  • Curent Zoning
    AGRICULTURE - RESIDENTIAL OR MOBILE HOME
  • General Elevation
    2
  • Taxes
    $44.94
  • Conveyance
    WARRANTY DEED
  • Sewer
    SEPTIC TANK
  • Parcel Size (in acres)
    8
  • Zip
    39465
  • Title Info
    HAZEL GRIFFIN
  • Access
    PULL UP FROM PUBLIC ROAD
  • Terrain
    FLAT - NATURALLY LANDSCAPED
  • HOA Fees
    N/A
  • Power
    FROM THE CITY
  • Water
    FROM THE CITY
  • Phone
    N/A

Transaction Details

Total Transaction Purchase Price (including closing costs): $24,000 + CLOSING COST 1,000 = 25,000
Anticipated Sale Price: $50,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 120 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: $50,000 - 25,000 = 25,000 / 2 = 12,500
Miscellaneous Option 1: FORREST COUNTY USES https://agdonline.maps.arcgis.com/apps/webappviewer/index.html?id=507a95128fbb423abaffacd073a5f2a5 TO VIEW PROPERTIES. NEIGHBOR SCOOP DOESNT PICK UP THE APN NUMBERS SOMETIMES. NEIGHBOR SCOOP DOES PICK UP THE ADDRESS 641 LUTHER CARTER RD PETAL, MS 39465
Miscellaneous Option 2: YOU CAN ALSO LOCATE THIS PROPERTY AT http://www.deltacomputersystems.com USE PPIN NUMBER 2439

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