Next to Wendy’s Commercial Land, High Traffic- Newberry County, SC, 397-98

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

Property Details

  • Time to Build
    NA
  • State
    South Carolina
  • County
    Newberry County
  • City
    Newberry
  • GPS
    81 34.2825570402832, -81.5902197756247
  • Curent Zoning
    Commercial
  • General Elevation
    500
  • Taxes
    $6129.01
  • Conveyance
    Warranty Deed
  • Sewer
    Yes
  • Parcel Size (in acres)
    .612
  • Zip
    29108
  • Title Info
    BZR REAL ESTATE DEVELOPMENT LLC
  • Access
    Easement to Walmart Parking Lot and out to the highway through the stoplight.
  • Terrain
    Flat
  • HOA Fees
    NA
  • Power
    Yes
  • Water
    Yes
  • Phone
    Yes

Transaction Details

Total Transaction Purchase Price (including closing costs): $208000
Anticipated Sale Price: $499000
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: 88%
Equity Partner Profit Split: 30/70 if sold fast or 50/50 if over 90 Days on market%
Anticipated Budget: $499,000-208,000=291,000, 291,000*.3=87,300, 291,000*.7=203,700

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