High Density Retail Area Land Deal

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    NA
  • State
    GA
  • County
    Clayton County
  • City
    MORROW
  • GPS
    33.5610919534254, -84.3267799857203
  • Curent Zoning
    Office Industrial
  • General Elevation
    978
  • Taxes
    $11190.59
  • Conveyance
    Warranty Deed
  • Sewer
    At the street
  • Parcel Size (in acres)
    5.3
  • Zip
    30260
  • Title Info
    CHEN YEE
  • Access
    Paved Street
  • Terrain
    Flat
  • HOA Fees
    NA
  • Power
    At the street
  • Water
    At the street
  • Phone
    At the street

Transaction Details

Total Transaction Purchase Price (including closing costs): $545000
Anticipated Sale Price: $775000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 180 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 30K upfront or 50 on sale%
Anticipated Budget: $775000-515000=260000, Equity partner 260,000 - 300000 = 230000 profit, Promoter 30,000

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