Property Details
- Time to Build
- vacant lots
- State
- FLORIDA
- County
- (PROPERTY 1) PUTNAM COUNTY - (PROPERTY 2) CLAY COUNTY
- City
- (PROPERTY 1) CRESCENT CITY, FL 32112 - (PROPERTY 2) MIDDLEBURG, FL 32068
- GPS
- (PROPERTY 1) 29.3930, -815195 (PROPERTY 2) 30.0212, -81.9214
- Curent Zoning
- (PROPERTY 1) RESIDENTIAL (PROPERTY 2) RESIDENTIAL
- General Elevation
- 24ft
- Taxes
- $(property 1) 434.64 (property 2) 15.59
- Conveyance
- warranty deed
- Sewer
- na
- Parcel Size (in acres)
- (PROPERTY 1) 4.77 ACRES (PROPERTY 2) 2.08 ACRES
- Zip
- (PROPERTY 1) 32112 ( PROPERTY 2) 32068
- Title Info
- (PROPERTY 1) WELDON BILLY R (PROPERTY 2) WELDON BILLY R
- Access
- (property 1) 200 CHURCH RD legal access (property 2) 2977 GRAPE CT legal access
- Terrain
- (PROPERTY 1) NO SLOPE FLAT ( PROPERTY 2) small slope on backend of property FLAT
- HOA Fees
- na
- Power
- provided by the City (Poles in the area)
- Water
- na
- Phone
- na
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $35,000 |
| Anticipated Sale Price: | $(PROPERTY 1) 40,000 (PROPERTY 2) 30,000 |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 60 to 90 days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 35,000 Both properties % |
| Equity Partner Profit Split: | 50 /50% |
| Anticipated Budget: | $40,000 - 22,000 = 18,000 = equity partner 9,000 9,000 property poster | 30,000 - 13,000 = 17,000 = equity partner 8,500 property poster 8,500 |
