San Diego 91 Acres 4 way split (1 of 3 100K each)

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

Property Details

  • Time to Build
    NA
  • State
    CA
  • County
    San Diego
  • City
    VALLEY CENTER
  • GPS
    33.2470881515863,-117.088139856672
  • Curent Zoning
    Residential
  • General Elevation
    1200
  • Taxes
    $14,548.76
  • Conveyance
    Warranty Deed/Grant Deed
  • Sewer
    5 pre approved septic sites 4-5 bedroom size
  • Parcel Size (in acres)
    91
  • Zip
    92082
  • Title Info
    BIRD LANE LLC
  • Access
    Public Road on two sides
  • Terrain
    Rolling Hills and valleys with 5 house sites already have engineering
  • HOA Fees
    NA
  • Power
    Power lines on two sides
  • Water
    City Water and a 8" water well
  • Phone
    Phone box across the street

Transaction Details

Total Transaction Purchase Price (including closing costs): $650000
Anticipated Sale Price: $1500000
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: 15.5%
Equity Partner Profit Split: 50%
Anticipated Budget: $1,500,000-650,000=850,000, 850,000*.5=425,000, 850,000*.5=425,000

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