Puget Sound Partners (1 of 4) 25% each

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

Property Details

  • Time to Build
    NA
  • State
    Washington
  • County
    Island
  • City
    Whidby
  • GPS
    48.0359448105257,-122.597677374927
  • Curent Zoning
    Residential
  • General Elevation
    167
  • Taxes
    $709.28
  • Conveyance
    Warranty Deed
  • Sewer
    Septic
  • Parcel Size (in acres)
    .5
  • Zip
    98249
  • Title Info
    Virginia Coburn
  • Access
    Paved road to Gravel diveway on a platted 20' easement. Drive up access.
  • Terrain
    Top of a hill looking at the water.
  • HOA Fees
    NA
  • Power
    At the street and in the driveway to the neighbor.
  • Water
    At the street and in the driveway to the neighbor.
  • Phone
    At the street and in the driveway to the neighbor.

Transaction Details

Total Transaction Purchase Price (including closing costs): $80000
Anticipated Sale Price: $160000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 90 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 25%
Equity Partner Profit Split: 30 in 30 days on market or 50 if it takes longer%
Anticipated Budget: $30 days on market = 20,000 (160,000 - 80,000 = 80,000 * 25% = 20,000 X 30% 6,000). 60 days on market = 20,000 (160,000 - 80,000 = 80,000 * 25% = 20,000 X 50% 10,000)

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