Ellis mountain cove, Little Rock ar (buy for 20k sell for 60k)

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

Property Details

  • Time to Build
    n/a
  • State
    Arkansas
  • County
    Pulaski
  • City
    Little Rock
  • GPS
    34.7555, 92.5095
  • Curent Zoning
    Residential
  • General Elevation
    600
  • Taxes
    $620
  • Conveyance
    Warranty Deed
  • Sewer
    well
  • Parcel Size (in acres)
    4
  • Zip
    72223
  • Title Info
    Andrew Clark
  • Access
    Road frontage from Ellis Mountain Cove
  • Terrain
    sits on a mountain
  • HOA Fees
    $41 monthly
  • Power
    in the area
  • Water
    well
  • Phone
    yes

Transaction Details

Total Transaction Purchase Price (including closing costs): $21300
Anticipated Sale Price: $60000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 60-90 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: $60,000 - 21,300 = 38,700 / 2 = 19,350

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